Intellectual capital and firm performance: the mediating role of innovation speed and quality
By Zhining Wang, Shaohan Cai, Huigang Liang, Nianxin Wang, Erwei Xiang. International journal of human resources management, 2018
154 citations recorded by the source corpus.
Abstract The purpose of this study is to explore the influence of intellectual capital (IC) on firm performance, considering the mediating role of innovation speed and quality. We develop a research model based on the IC perspective and innovation literature. We test the model by using structural equation modeling to analyze data collected from 328 high-technology firms in China. The results show that the three components of IC, namely human capital, structural capital, and relational capital, are positively related to innovation speed and quality, which in turn facilitate the operational and financial performance of a firm. The impacts of human and structural capital on financial performance are fully mediated by innovation speed and quality, whereas the impact of relational capital on financial performance is partially mediated. Innovation speed and quality partially mediate the effect of IC on operational performance. As one of the first studies to investigate how IC may influence firm performance through the mediating effects of innovation speed and quality, this study not only contributes to HRM literature on IC and innovation, but also offers managers with insights on how to align their HRM strategies and practices to develop IC when pursuing innovation and performance outcomes.
Subfields: Strategy and Management
View Paper: https://www.semanticscholar.org/paper/1c3c58e08cda136d9b976e2a05cf3e375093da50
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In Strategy and Management
Citations in the corpus
- Intellectual agility and innovation in micro and small businesses: The mediating role of entrepreneurial leadership (2021, methodology): “We used education as the marker variable, seeing as studies examining organization agility (Cegarra-Navarro and Martelo-Landroguez, 2020), intellectual capital and innovation speed (Wang et al., 2018), or SMEs’ sustainable growth (Diabate et al.”