On the Relationship Between Intellectual Capital and Service SME Survival and Growth: A Dynamic Panel Data Analysis

IF 1.4 Q3 BUSINESS

International Journal of Learning and Intellectual Capital Pub Date : 2019-04-05 DOI:10.1504/IJLIC.2019.10018117

Filipe Sardo, Zélia Serrasqueiro

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引用次数: 1

Abstract

The purpose of this paper is to analyse the relationships between intellectual capital components, i.e., human capital, structural capital and relational capital and growth of small and medium-sized enterprises (SMEs). Using data for two sub-samples of Portuguese SMEs, belonging to the service (6192 SMEs) and manufacturing (5977 SMEs) industries, this study resorts to Heckman two-step estimation method and dynamic panel data models. The findings suggest that all the components of intellectual capital, i.e., human capital, structural capital and relational capital are positively related to the service and manufacturing SME growth. Also, the inter-relationships between intellectual capital components, measured by the interaction variables human capital*structural capital, human capital*relational capital, structural capital*relational capital are positively related to SME growth. The results obtained highlight the importance of intellectual capital and the inter-relationships between its components for the service and manufacturing SME survival and growth.

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知识资本与服务业中小企业生存与成长的关系:动态面板数据分析

本文的目的是分析知识资本组成部分，即人力资本、结构资本和关系资本与中小企业成长之间的关系。本研究利用葡萄牙中小企业的两个子样本数据，分别属于服务业（6192家中小企业）和制造业（5977家中小型企业），采用Heckman两步估计方法和动态面板数据模型。研究结果表明，知识资本的所有组成部分，即人力资本、结构资本和关系资本，都与服务业和制造业中小企业的增长呈正相关。此外，以交互变量人力资本*结构资本、人力资本*关系资本、结构资本*关系资金衡量的智力资本成分之间的相互关系与中小企业增长呈正相关。所获得的结果强调了知识资本的重要性及其组成部分之间的相互关系对服务业和制造业中小企业的生存和增长。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Learning and Intellectual Capital Business, Management and Accounting-Strategy and Management

CiteScore

3.20

自引率

59.10%

发文量

期刊介绍： Strategy management is concerned with understanding the forces and causes that explain performance differences between organisations. One approach studies industry structures as external determinants of organisational performance. An alternative approach focuses on internal resources and capabilities as sources of sustained competitive advantage. This is the resource and capabilities theory of the firm. On the other hand, the knowledge-based view of the firm considers the firm as a repository of knowledge-based resources and capabilities. To the extent that these resources and capabilities are unique, rare, difficult to imitate and non-substitutable, they confer sustained competitive advantage on the firm.