Purpose
– The purpose of this paper is to offer a personal critical reflection on the future of intellectual capital (IC) based on my experience as an IC researcher, author, editor, teacher and ...practitioner.
Design/methodology/approach
– Offers a first-hand reflection on the future of IC, using evidence collected from IC in the field and the author’s personal reflections.
Findings
– I argue that the authors need to abandon reporting and instead concentrate on how an organisation discloses what “was previously secret or unknown”, so that all stakeholders understand how an organisation takes into consideration ethical, social and environmental impacts in keeping with an eco-systems approach to IC.
Research limitations/implications
– While much of the empirical evidence presented in this paper is freely available to all scholars, the interpretation and findings is subjective. Other researchers, given the same opportunity and evidence, may not necessarily make the same conclusions.
Social implications
– We are now on the cusp of the fourth stage of IC research (Dumay, 2013), whereby IC expands its boundaries into the wider eco-system, to “go beyond IC reporting” (Edvinsson, 2013, p. 163).
Originality/value
– Offers a critical review of the impact of IC reporting which is relevant to consider because of the newfound resurging interest in IC, based on the current push for integrated reporting (
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), which arguably contains IC information targeted at investors.
PurposeThis paper examines the leading publication trends including the extent and impact of intellectual capital research in the Journal of Intellectual Capital (JIC) over a two-decade period ...(2000–2020). The bibliometric analysis offers the description of publications trends such as key authors, articles, cited references, institutions and countries— in other words the extent and impact in the field. This paper also presents the knowledge structure (including conceptual, intellectual and social structures) of JIC, that is prominent themes, co-citation and bibliographic networks.Design/methodology/approachIn order to achieve research objectives, we collected the bibliographic information of the articles published in JIC for the period 2000 to 2020 from the Scopus database on 11.04.2020. The bibliographic information of 737 documents were analysed using to open source analysis tool, that is bibliometrics package in r software and VOSviewer. These tools were used to create the graphical visualization of bibliographic data on basis of co-occurrence, co-citation and bibliographic coupling.FindingsThe results show that the journal is progressing in terms of publication quantity and reputation in the field. To date, 737 documents have been published in JIC, which includes 659 research articles, eight editorials, seven notes and 63 review papers. This paper also portrays the author impact list in terms of most impactful articles published in JIC. Country-wise Italy, Australia, and USA exert maximum influence on JIC scholarship.Originality/valueBibliographic analysis offers a comprehensive understanding of past trends and presents the future direction of a journal.
•Digital platform capability and organizational agility in manufacturing SMEs with the mediating role of intellectual capital and moderating role of environmental dynamism.•Time-lagged two-wave ...survey of 227 firms to test the proposed hypotheses using structural equational modeling (SEM).•Digital platform capability is positively associated with the agility of SMEs, and all three intellectual capital dimensions (i.e., human, organizational, and relational capital) mediate this relationship.•Environmental dynamism curbs SMEs’ ability to turn their digital platform capability into increased intellectual capital.•Managers must focus on intellectual capital to make their organizations more flexible in responding better to environmental changes.
In this study, we untangle the relationship between digital platform capability and organizational agility in the manufacturing sector small and medium-sized enterprises (SMEs) by investigating the mediating role of intellectual capital and the moderating role of environmental dynamism. Using a time-lagged two-wave survey of 227 manufacturing SMEs, we tested our proposed hypotheses using structural equational modeling (SEM). Our results reveal that digital platform capability is positively associated with the agility of SMEs and that all three intellectual capital dimensions (i.e., human, organizational, and relational capital) mediate this relationship. We also found that environmental dynamism has a negative moderating role on digital platform capability and intellectual capital. Environmental dynamism curbs SMEs’ abilities to turn their digital platform capabilities into increased intellectual capital. Our results shed light on the importance of intellectual capital in creating improved organizational agility for manufacturing SMEs through digital platform capability within the boundary conditions of environmental dynamism.
This research was a pioneering study that examined the relationship between green intellectual capital and green human resource management. A quantitative research approach using a mail survey was ...employed to get insights from 112 large manufacturing firms in Malaysia. Partial Least Squares Regression Analysis was employed to examine the proposed relationship. The results indicated that green human capital and green relational capital influenced green human resource management. Surprisingly, green structural capital was not significantly related to green human resource management. As revealed by searches of ISI Web of Knowledge and Scopus, no similar work has tested a similar framework based on evidence from all over the world.
Display omitted
•The nexus of green intellectual capital and green human resource management was explored.•Intellectual Capital-based View Theory was used as a theoretical foundation.•Green human capital and green relational capital could be linked to the adoption of green human resource management.•Green human resource management was highlighted in creating cleaner production in the manufacturing industry.
Purpose
The purpose of this paper is to investigate the relationship between intellectual capital (IC) and sustainability using practitioners’ perspectives and by developing an analysis of comments ...and practices published in 1,651 blog posts in one of the leading sources of sustainability research: CSRwire.com.
Design/methodology/approach
A total of 1,651 posts, containing more than 1.5 million words, published by experts in the field of sustainability are analysed using Leximancer and content analysis.
Findings
The results reveal IC and sustainability to be complex topics under active discussion by practitioners, and several links to the IC literature are identified and compared. The findings focus on the managerial practices applied by leading companies, as discussed by practitioners, that show IC and sustainability influence each other in answering a plurality of demands or logics.
Research limitations/implications
First, the authors identify the need to study the managerial practices proposed by practitioners, rather than their company reports. Second, the authors propose developing a trading zone for IC researchers and practitioners. Third, the authors reflect on the role of new communication tools, such as integrated reporting, to connect IC and sustainability. Finally, the authors conclude that the relationship between IC and sustainability could benefit from a fifth stage of IC research that considers justifications of the worth of IC and sustainability practices.
Originality/value
The paper is novel because it addresses concerns about the relationship between IC and sustainability by examining messages posted by practitioners, rather than examining company disclosures. This leads to an understanding of the impact of practices rather than the desires motivating practice. The results support the view that it is time to remove the boundaries of IC research and work towards reconciling the worth of IC to different people in different contexts. The authors argue that practitioners require scholars to reduce the ambiguity between IC and its expected results. This would open the door to a potentially productive way of understanding IC and the complexity of economic, social, and environmental value. In short, researchers should change their research questions from, “What is IC worth to investors, customers, society, and the environment?” to “Is managing IC a worthwhile endeavour?”
The rapid growth of technology-intensive companies in a knowledge-based economy signals the importance of managing intellectual capital in the corporate environment. The literature on the subject ...indicates that this intangible asset contributes to the performance, competitiveness and financial sustainability of companies. This fact is particularly striking in developing countries, where small and medium-sized companies are considered the engine of growth, due to their capacity to generate jobs, flexibility and innovation. Through this judgment, a study aims to investigate how this intangible asset is classified and measured by academics and what is its relationship with the financial performance of small and medium-sized companies. The research employs a systematic review of the literature, to identify the critical success factors that associate the aforementioned factors, in a broad analytical perspective on the measurement of intellectual capital. As a result, the monetary and non-monetary categories of intellectual capital measurement methods are described in this study, and the findings suggest that companies with higher financial performance more efficiently realize the potential of their intellectual capital.
•Integrated reporting represents a new solution for companies to share intellectual capital information.•No studies examine the relationship between IC disclosure and firm value in the integrated ...reporting context.•Empirical findings provide support for the notion that a high quality of IC disclosure in integrated reports improves firm value.•The breakdown of the higher level of analysis further demonstrates that this positive impact is not exclusively tied to the overall quality of IC disclosure but also to the quality of every single type of IC information.
Due to the transition from a manufacturing-based to a knowledge-based economy, the relevance of intellectual capital (IC) in firm value creation processes has significantly increased. Considering that traditional financial disclosures do not contain IC-related information, various stakeholders have long asked companies to voluntarily disclose their intellectual resources for those to be incorporated into firm performance considerations and valuations. The advent of integrated reporting provides managers with an innovative tool to address IC disclosure. Nevertheless, despite research already focused on IC information in integrated reporting, knowledge regarding the benefits that companies enjoy through divulging IC-related information in integrated reports remains limited. To fill this gap, this study empirically analyses the impact of IC disclosure quality on firm value in the context of integrated reporting. Based on a sample of 110 companies, findings suggest a significantly positive relationship between all three components of IC (structural, human, social and relationship) and firm value, generating multiple implications for reporting entities, investors, regulators, and managers.
This study examines how green intellectual capital (GIC) affects economic and green performance through green innovation. We show ways in which a firm's performance is influenced by three dimensions ...of GIC, that is, green human capital (GHC), green relational capital (GRC), and green structural capital (GSC), and use the mediating role of green innovation to explain the relationships. The results of a survey conducted on 138 high‐tech firms indicate that the three GIC constructs positively affect economic performance, green performance, and green innovation, respectively. Further analysis finds that green innovation fully mediates the linkage of GHC–economic performance and GSC–green performance and partially mediates the linkage of GRC–economic performance and GRC–green performance. We find that green innovation does not mediate the linkage of GSC–economic performance and GHC–green performance, and this contributes towards business strategy and implementation of green innovation practices.
Taking inspiration from the natural resource‐based view of the firm and resource orchestration theory, we propose a new approach, that is, natural resource orchestration, to investigate how green ...intellectual capital and environmental management accounting stimulate environmental performance. Using survey data collected from 106 chief financial officers (CFOs) of publicly listed companies in Iran, findings show that the elements of green intellectual capital (green human capital, green structural capital, and green relational capital) are positively associated with both environmental management accounting and environmental performance. In addition, findings support the hypothesis that the use of environmental management accounting mediates the relationship between green intellectual capital and environmental performance. This study provides fresh insights into how an organization deals with the effective alignment (i.e., orchestration) of various green resources, for example, green intellectual capital and environmental management accounting, to promote environmental performance. This is the first study ever to introduce the natural resource orchestration approach for examining how environmental management accounting appears to play a role in translating green intellectual capital into enhanced environmental performance.
Previous research has highlighted the importance of firms engaging in innovation ambidexterity through balancing exploiting existing offerings with exploring new opportunities. However, not all firms ...are equally capable of doing so. To improve our understanding of how firms can better achieve such innovation ambidexterity, we develop a framework investigating the joint effects of intellectual capital, dynamic capabilities, and innovation orientation on innovation ambidexterity. We empirically assess this framework using time-lagged, multi-source data from the pharmaceutical industry. The results suggest that intellectual capital positively relates to innovation ambidexterity through dynamic capabilities. We further find that firms with an innovation orientation are more likely to leverage dynamic capabilities to drive innovation ambidexterity. This study contributes to literature on intellectual capital and innovation ambidexterity, and offers managers insights on how to align their knowledge practices to develop dynamic capabilities when pursuing innovation ambidexterity.
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