The role of problem identification and intellectual capital in the management of hotels’ competitive advantage-an integrated framework

Li, Yongquan; Liu, Chih-Hsing Sam

doi:10.1016/j.ijhm.2018.05.022

Cited by 54 publications

(36 citation statements)

References 62 publications

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“…The role of IC is not confined to a specific industry, but various industries benefit from IC in terms of scanning external environments and exploiting opportunities. For instance, Li and Liu [32] investigated whether IC is useful in the service industry (e.g., the hospital sector) in challenging environments in that information that is essential for a high degree of competitiveness can be critically analyzed. Otcenášková and Bureš [33] claimed that business organizations in the current turbulent environment use IC to acquire adequate knowledge and resources to respond to external pressure.…”

Section: Intellectual Capital and Resource Acquisitionmentioning

confidence: 99%

The Role of a Manager’s Intangible Capabilities in Resource Acquisition and Sustainable Competitive Performance

2019

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The answer to the challenging question, “Should one either invest in tangible resources or intangible resources/capabilities?” is still fragmented. In prior studies, more emphasis is given to tangible resources, while intangible resources have comparatively received minor attention, despite their significant role in the success of small and medium enterprises (SMEs). Particularly the role of the intangible skills; intellectual capital, financial literacy (FL), and business experience (BE) in resource acquisition and sustainable competitive performance has missed in prior studies. Grounded on the resource-based view and upper echelon theory, this study examines the role of intellectual capital in sustainable competitive performance with a mediating role of resource acquisition. This research also assesses the moderating role of financial literacy and business experience between intellectual capital and resource acquisition. Data are collected through structured questionnaires from 384 owners/managers of Pakistani SMEs. After analyzing the data through structural equation modeling (SEM), the results indicate that intellectual capital helps managers in acquiring valuable resources, which in turn enhance sustainable competitive performance. Resource acquisition partially mediates the relation between intellectual capital and sustainable competitive performance. Financial literacy is a significant predictor of resource acquisition, but it does not significantly moderate the relation between intellectual capital and sustainable competitive performance. Business experience significantly boosts the acquisition of resources and strengthens the path between intellectual capital and resource acquisition. SMEs should encourage their managers to acquire unique, rare, and immutable external resources in the turbulent markets.

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Section: Intellectual Capital and Resource Acquisitionmentioning

confidence: 99%

The Role of a Manager’s Intangible Capabilities in Resource Acquisition and Sustainable Competitive Performance

2019

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“…The time spent searching for and coding information is positively related to the quality of the solution , and ideas are likely to improve (Henker et al, 2015). Devoting more time to information search activities improves originality (Illies & Reiter-Palmon, 2004) and facilitates the generation of ideas (Li & Liu, 2018). Once the information is available, alternative solutions can be generated (Lubart, 2001).…”

Section: H1a: Proper Problem Identification Positively Affects the Sementioning

confidence: 99%

Product innovation and performance in SME’s: the role of the creative process and risk taking

Castillo-Vergara

Lema

2020

Innovation

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Creativity is an essential source of innovation for small and medium enterprises (SMEs). Moreover, one challenge in SMEs is to transform the novel and useful ideas that arise from creativity into innovation, hence the interest of researchers in advancing knowledge in this area. This study analyses: (a) how the creative process influences the results of creativity, (b) the role that risk-taking plays as a mediator in the relationship between creativity and product innovation, and (c) the impact of innovation on the performance of SMEs. The research model is validated with data from 139 Chilean industrial SMEs, using the Partial Least Square (PLS) method. The results show the importance of the creative process is different stages in SMEs. It also shows that risk-taking serves as an enabler in SMEs' ability to turn creativity into product innovation. We conclude our findings by illustrating the positive effect of product innovation on SMEs' performance, a crucial issue in their competitiveness. These findings allow managers to verify that creativity is not a random result but an intentional process.

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“…Sardo, Serrasqueiro, & Alves (2018) mengungkapkan faktor internal merupakan modal yang lebih utama untuk mencapai keunggulan bersaing. Beberapa peneliti berpendapat bahwa sumber daya yang tak berwujud dan sulit direplikasi harus mendukung proses bisnis jika perusahaan ingin mengungguli para pesaingnya dan menciptakan nilai bagi pemegang saham (Djekic, Dimitrijevic, & Tomic, 2017;Gorry & Westbrook, 2013;Li & Liu, 2018). Dalam hal ini, sumber daya tak berwujud merupakan Intellectual Capital (IC).…”

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Penguatan Pengungkapan Corporate Social Responsibility Dan Market Value Added Melalui Modal Intelektual

Hijriah

Subroto

Nurkholis

2019

jamal

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Corporate Social Responsibility dan Market Value Added melalui Modal Intelektual. Riset ini bertujuan untuk menguji dan menganalisis efek dari pengungkapan Corporate Social Responsibility (CSR) terhadap nilai tambah pasar melalui pengelolaan modal intelektual. Metode yang digunakan adalah regresi berjenjang pada seluruh perusahaan terdaftar di BEI 2015-2017. Hasilnya adalah modal intelektual dapat menguatkan CSR dan nilai tambah pasar. Hal ini dikarenakan modal intelektual menjadi aset strategis bagi keberlanjutan dan keunggulan perusahaan. Oleh karena itu, CSR dan modal intelektual diharapkan menjadi informasi yang diungkapkan baik di dalam annual report maupun sustainability report.

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The role of problem identification and intellectual capital in the management of hotels’ competitive advantage-an integrated framework

Cited by 54 publications

References 62 publications

The Role of a Manager’s Intangible Capabilities in Resource Acquisition and Sustainable Competitive Performance

The Role of a Manager’s Intangible Capabilities in Resource Acquisition and Sustainable Competitive Performance

Product innovation and performance in SME’s: the role of the creative process and risk taking

Penguatan Pengungkapan Corporate Social Responsibility Dan Market Value Added Melalui Modal Intelektual

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