Role of Intellectual Capital on Firm Performance (Evidence from Iranian Companies)

Abstract

Intellectual capital for companies, particularly manufacturing firms in the third millennium can be considered as a competitive advantage. The purpose of the research is to examine the role of innovation capital in the creation of value for business organizations. Intellectual capital (IC) disclosure has been receiving an increasing amount of attention among the companies around the world such as Australian companies, Italian companies and others. This is due to the new economy driven which is knowledge-based economy where value creation become one of the crucial issues in the world and tends to be based on intangible rather than tangible assets. In this study, a questionnaire was distributed among manufacturing companies have tried to collect statistical information . Questionnaire was divided between manufacturing firms and financial operations managers.The result shows that a company's IC in general has a The significant positive impact on its financial and market performance.

The Moderating Role of Bridging Ties between Risk-Taking, Proactivness and Performance: The Evidence from Iranian SMEs

“…For example, Aldrich and Martinez (2010) and Audretch and Keibach (2004) argued that social capital play a significant role in entrepreneurship. Such a link between social capital and performance is supported by empirical research (Meihami et al, 2014;Putnam, 2000). The social capital perspective posits that network ties can help small and medium firms improve their knowledge and give them access to different types of recourses, which can promote innovation (Batjargal, 2007;Lechner & Dowling, 2003;Zahra, 2010).…”

“…Peteraf (1993) reports that one major contribution of RBV is explaining long-term differences in firm profitability and performance, which cannot be attributed to the variations in the industry conditions. Recent evidence suggests a relationship between organizational performance and intangible assets, which comprise of the firm's human capital (Perrigot et al, 2013), social capital-organizational or individual networks, organizational capital and capabilities (Meihami, Varmaghani, & Meihami, 2014;Zahra, 2010), and accessible financial capital (Cooper, Gimeno-Gascon, & Woo, 1994;Robb & Robinson, 2014).…”

The Relationship between Non-Financial Stakeholders and Capital Structure

“…Earlier empirical studies proved that IC components have an important and fundamental impact on corporate performance (Abdullah & Sofian, 2012;Ling, 2013;Mehralian et al, 2013;Stephen et al, 2014). For instance, Abhayawansa and Guthrie (2014), Nimtrakoon (2015), and Meihami et al (2014) investigated the relationship between IC and corporate performance and their results confirmed the positive relationship between IC and corporate performance. Rudez and Mihalic (2007) tested the impact of certain IC components (human capital [HC], structural capital [SC], and relational capital [RC]) on firms' financial performance in the hotel industry in Slovenia.…”

Pengaruh Intellectual Capital terhadap Kinerja Usaha Mikro yang Dimediasi oleh Perilaku Kerja Inovatif

“…Intellectual capital telah memperoleh perhatian baik dari masyarakat akademik dan perusahaan karena pengaruh inovasi dan pembelajaran pada pencapaian keunggulan kompetitif bagi perusahaan dalam ekonomi baru atau ekonomi berbasis pengetahuan (Meihami et al, 2013). Kinerja keuangan perusahaan adalah hasil dari berbagai keputusan yang dibuat secara terus menerus untuk mencapai tujuan tertentu dalam hal keuangan.…”