Human Capital and Innovation Ability in Medical Education: An Empirical Study

Abstract

In such a rapidly changing era, technologies are faster than those in the past. To cope with environmental changes and rising consumer knowledge, the business environment in medical industry is facing violent changes, and high competition appears in medical industry. Medical industry has to strive for sustainable management or promote the competitiveness. Aiming at a hospital in Shanghai city, the managerial level, physicians, and employees in the primary hospital of School of Medicine, Shanghai Jiao Tong University, are distributed 300 copies of questionnaire. Total 238 valid copies are retrieved, with the retrieval rate 79%. The research results conclude the positive relations between 1.organizational learning and human capital, 2.human capital and innovation ability, and 3.organizational learning and innovation ability. According to the results, suggestions are eventually proposed, expecting to assist domestic medical industry in promoting the organization innovation ability.

Dynamic Capabilities and Their Impact on Intellectual Capital and Innovation Performance

“…Furthermore, it was reaffirmed that investing in human capital and structural capital could improve higher innovation performance in Iraqi commercial banks rather than other intellectual capital. These findings are consistent with the existing literature that demonstrated the positive role of human capital in enhancing commercial banks' performance compared with intellectual capital development [29,30]. The results are in good agreement with several reported works displaying the ev- .…”

“…Intellectual capital is considered the non-tangible assets, which differ from tangible resources like raw materials, land, and financial capital that are easily obtainable [30]. Thus, it is regarded as the strategic resource and knowledge system that operates the processes of VRIN characteristics and helps firms to derive a sustainable advantage [31].…”

“…Therefore, when firms invest heavily in such implementation, it is expected that the results be reflected through improved performance in the long term [73]. It was demonstrated that firms constantly undergo dynamic environmental changes [30,74,75], and thus the correlation between intellectual capital and dynamic capabilities can be considered significant because it affects the innovative performance of the firm [51].…”