Intellectual Capital Management and the Innovation Process: Does One Size Fit All?

Salazar-Elena, Juan Carlos; Cancino, Christian A.; López, Asunción López; Ros, José Guimón de

doi:10.1007/978-3-030-15413-4_1

Cited by 3 publications

(1 citation statement)

References 26 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…For variable definitions, see In the software and computer services sector, although the coefficient on STRATEGY_SCORE has the expected sign, it is not statistically significant (0.017, p-value ¼ 0.886). The difficulty of software firms to protect their innovations from imitating competitors might be a possible explanation for the non-significance of the coefficient on STRATEGY_SCORE in this sector (Salazar-Elena et al, 2015). The coefficients on BVPS and EPS are statistically significant at the 1 or 5 percent level in all model specifications, except for the hardware sector where the coefficient on EPS is positive, but not significant (1.988, p-value ¼ 0.129).…”

Section: Resultsmentioning

confidence: 91%

The valuation implications of strategy in R&D-intensive industries

Ballas

Demirakos

2018

JAAR

View full text Add to dashboard Cite

Purpose The purpose of this paper is to investigate the valuation impact of firm’s strategic choices in a setting of intangibles-rich industries. Design/methodology/approach The authors adopt the conceptual framework of Miles and Snow (1978, 2003), which identifies three viable types of firms based on their organizational strategy profiles: defenders, prospectors and analyzers. The authors use a replicable strategy score, whose scoring convention is based on rolling ratings of six ratios for the previous four years (Bentley et al., 2013), to distinguish between prospector and defender strategies. Findings The authors offer empirical evidence that supports the hypothesis that prospector strategies are positively associated with firm value in the industries of electronics and electrical equipment, pharmaceuticals and biotechnology and technology hardware and equipment. The authors do not find evidence to support such a relationship in the software and computer services sector. Research limitations/implications The results of this study have significant implications for researchers, who adopt a market-based accounting research framework to examine the characteristics, performance and valuation of firms with different strategic orientation. Practical implications The findings of this paper are useful to managers, who would like to pursue a value-adding strategy in dynamic industrial environments that are characterized by high levels of innovation, risk and growth. Originality/value Although previous studies have yielded mixed results with respect to the association between firm’s performance and prospector strategy, the authors identify a set of R&D-intensive industries, where the implementation of the prospector strategy adds significant value to the shareholders’ wealth.

show abstract

Section: Resultsmentioning

confidence: 91%

The valuation implications of strategy in R&D-intensive industries

Ballas

Demirakos

2018

JAAR

View full text Add to dashboard Cite

show abstract

Intellectual Capital Management in High-Tech Project-Oriented Companies Under Dizitalization

Bogdanova

Parshintsev

2022

Proceedings of the International Scientific Conference “Smart Nations: Global Trends in the Digital Economy”

View full text Add to dashboard Cite

Modelling the Influence of Management Practices on Sustainable Market Performance in Serbian Enterprises

Mazić,

Terek Stojanović,

Stanisavljev

et al. 2024

Sustainability

View full text Add to dashboard Cite

In the evolving global market, new business conditions necessitate that enterprises adapt and construct organizational structures grounded in new principles and the implementation of contemporary management methods. This is particularly crucial for enterprises in transitional economies, which need to be highly flexible and innovative to meet the increasing demands of users swiftly, employ modern management techniques, and gain a competitive edge. The modern business environment assumes that there are very few products, technologies, services, knowledge areas, or procedures unavailable to interested groups worldwide. This study examines the influence of modern management methods and techniques (MMMTs), human resource management (HRM), quality management (QM), and intellectual capital management (ICM) on the sustainable market performance (SMPC) of these enterprises. A structured survey was conducted among 146 managers from various Serbian industrial enterprises, and the data were analyzed using descriptive statistics, Pearson correlation analysis, linear regression, and multicollinearity tests. The results revealed significant positive correlations between MMMTs, HRM, QM, ICM, and SMPC, with quality management having the highest impact. These findings provide valuable insights for improving business competitiveness in Serbia’s industrial sector. The results also support the development of an integrated model for sustainable management practices in transitional economies.

show abstract

Intellectual Capital Management and the Innovation Process: Does One Size Fit All?

Cited by 3 publications

References 26 publications

The valuation implications of strategy in R&D-intensive industries

The valuation implications of strategy in R&D-intensive industries

Intellectual Capital Management in High-Tech Project-Oriented Companies Under Dizitalization

Modelling the Influence of Management Practices on Sustainable Market Performance in Serbian Enterprises

Contact Info

Product

Resources

About