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Clarifying the Effect of Intellectual Capital on Performance: The Mediating Role of Dynamic Capability

机译:澄清智力资本对绩效的影响:动态能力的中介作用

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摘要

Recent studies suggest a potential relationship between intellectual capital and dynamic capability in achieving performance. This is unsettling for managers because these studies contain little effort to develop a framework for understanding the relationship. To examine this unnerving potential, we develop and test a theoretical model that explains how dynamic capability mediates the impact of intellectual capital on performance. In this study, the scope of intellectual capital includes human capital, relational capital and structural capital. This study examines the pooled data of 242 high-technology firms from 2001 to 2008. Results from Bayesian regression analysis suggest that the effect of structural capital on performance is completely mediated by dynamic capability. Furthermore, the findings show that dynamic capability does not completely mediate the respective effects of human capital and relational capital on performance, but does so only partially. These results provide convincing support for the importance of dynamic capability through accumulating R&D and marketing capability over time, thereby enhancing firm performance. The empirical findings and the ensuing discussion will be of interest to managers and practitioners.
机译:最近的研究表明,智力资本和实现绩效的动态能力之间存在潜在的关系。这对于管理者来说是不安的,因为这些研究几乎没有花力气去建立理解这种关系的框架。为了检验这种令人不安的潜力,我们开发并测试了一种理论模型,该模型解释了动态能力如何介导智力资本对绩效的影响。在这项研究中,智力资本的范围包括人力资本,关系资本和结构资本。这项研究考察了2001年至2008年间242家高科技公司的汇总数据。贝叶斯回归分析的结果表明,结构性资本对绩效的影响完全由动态能力介导。此外,研究结果表明,动态能力不能完全介导人力资本和关系资本对绩效的各自影响,而只是部分介导。这些结果通过不断积累研发和市场营销能力,从而为动态能力的重要性提供了令人信服的支持,从而提高了公司绩效。实证结果和随后的讨论将对管理人员和从业人员感兴趣。

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