Research on the Relationship Between Intellectual Capital and Company Performance

Structure capital defines the institutional knowledge and experience codified in databases, routines, procedures, and organization structures. Examples of structure capital in healthcare are a vision, mission, values, strategic plan, programs, tools, and information systems, ways of working together, best practices, and routines. This capital refers dimension of culture, access to information, information technology, external environment, and internal processes. For instance, numerous systems represent structure capital such as a certified quality management system and software for evidence-based medicine. According to the intellectual capital in a healthcare industry in Taiwan, organizational capital plays a crucial role to drive organizational performance. Study results illustrate employee recruiting and selection, including healthy and safe working highly relevant to the performance. Also, health and safety environment is related to organizational strategy, structure, and system in the healthcare industry. Furthermore, the result from the knowledge management enabled performance for hospital professionals shows critical process capabilities determine the success of a hospital.

Howard Gardner's Multiple Intelligence is known to provide a simple and accessible ways to understand a person's preferred way of studying and in developing themselves. As different individuals have different mind concept and strength of intelligence, therefore their method of learning, understanding and memorizing are also different. Although everyone is learning the same materials at the same pace, each individual still have their preferred way of understanding and studying. The following will be the explanation and understanding on the eight intelligence which is linguistic, logical-mathematical, musical, bodily-kinesthetic, spatial. Interpersonal, intrapersonal and naturalist.

In a modernized and globalized world, knowledge creation and synergization of knowledge in an organization is truly crucial. As data and information are readily available, and information communication technology (ICT) has highly advanced, organizations such as B&Q need to understand how knowledge creation can assist to improve internal and external processes and also encourage innovation.

Human capital, structural capital, and relational capital are valuable elements of Intellectual Capital, nonetheless, we primarily focus on improving the innovation process and the intangible assets. Our knowledge capabilities are essential success utilities that propel the collaboration and motivation among employees. In concordance to the OKCA article, intellectual capital is especially needed for innovative technology enterprises, which is relevant since the organization itself is a segment of a larger enterprise network renown as the Pasco Enterprise Network or the Pasco Economic Development Council. Our intellectual capital audit further helps track and trace the records and strategy execution that are interconnected to (1) patents, (2)

The third intellectual capital to discuss is structural capital. Structural capital supports human capital in an organization through such things as information systems, policies, processes, patents, and other structural capital (Structural, 2013). For example, many organizations have patents on products to protect its capital from other organizations from using its product designs or technology to make a profit of its own. For example, according to a New York Times article by Jad Mouawad (2012) that Marvell Technology Group was found “guilty for infringing on a pair of patents from Carnegie Mellon University that increases the accuracy of hard drive circuits to read data on high-speed magnetic disks” paying $1.17 billion dollars for the crime. Some structural capital can be identifiable, such as systems and patents because these types of structural capital are sold to others, therefore earning revenue and tractable in financials. Structural capital holds value to organizations ability to produce and improve products and services for its customers, and therefore increasing its revenue.

The importance of Intellectual Capital information (IC) has been increased in the current economic. It refers to intangible resources which create company value (Ashton, 2005). Human capital, structural capital and relational capital are the main categories of IC (Meritum 2002). There are some factors of the IC, such as employee knowledge and innovative capacities (Usoff, Thibodeau, Burnaby; 2002). This is an “unrecorded value” of an company which is not shown

of High School students in the United States, India, and China. Based on the statistical data

Just like a snowflake, each human is unique and possess different qualities and characteristics. No one is exactly alike, not even identical twins. This is also true when speaking about intelligence. Intelligence can be defined as the ability to resolve problems. This can be done in many ways. Howard Gardner suggests that intelligence can be classified into nine different categories: linguistic, spatial, logical-mathematical, musical, bodily-kinetic, interpersonal, intrapersonal, naturalistic, and existential. Each person differs in strengths and weaknesses and may possess different intelligences. An individual may be highly skilled in math and problem solving, but may possess no musical skills. It would benefit a student in college to evaluate Howard Gardner’s multiple intelligences and determine their strengths when deciding what profession would suit them the best. Examining each type of intelligence mentioned in Gardner’s multiple intelligences will yield more knowledge to a student who is in search for a suitable career.

Multiple Intelligences (M.I) was a theory Howard Gardner developed in 1983. This is a theory of intelligences were a good way to explain the different ways that people learn. This theory explains how people learn and others learn in different ways. Intelligence is the ability to understand, learn and problem solve or creativity that are valued within one or more cultural settings”. Gardner found that there are eight intelligences and could possibly be more.

(Clarke, 2008) Illustrates how knowledge management can be used by firms and the scope and methods that are used for knowledge management which can help knowledge managers create a KM system which fosters innovation. It also provides us with various perspectives on the management of knowledge and about the KM in different organizations as a critical thinking system. The researchers of the paper say that Knowledge Management is not just explicit, it is not about just recording the explicit knowledge or cannot be achieved by manipulating that knowledge but it must be rather implicit from which the firm can benefit in the long run. So the process of knowledge management is equally important as the content.

Knowledge management is a topic of current interest today in both the industry and research world. Knowledge management is applied throughout the world in all industrial sectors, public sector, private organization and international charities too. With the increasing number of knowledge assets available with an organization, efficient management of these assets has become a critical issue and the knowledge management has proved a key for solve the all issues. In our daily life, we deal with huge amount of data and information. Data and information is not knowledge until we know how to get the value out of it. This is the reason which we need knowledge management. Knowledge has become a crown jewel of every business organization. It is a theoretical and practical understanding of a subject and it forms the core essence of an organization’s assets. Knowledge Management is essentially about getting the right knowledge to the right person at the right time. This in itself may not seem so complex, but it implies a strong tie to corporate strategy, understanding of where and in what forms knowledge exists, creating processes that span over organizational functions, and ensuring that initiatives are accepted and supported by organizational members. Knowledge Management may also include new knowledge creation

This paper is the study and suggestion on how higher education manages intellectual capital in their organisation to sustain their reputations.

The goal of this paper is to analyze some aspects of innovation management which contribute to the success or failure of an innovation. Since innovation management is a very broad topic, three areas have been chosen for this paper; Organizational Culture, IP Management and Continuous Improvement & Innovation. Through the analysis of certain case studies, this paper will list various strategies and best practices for managing these areas.

and knowledge in the best possible way for achieving the company’s goal and make a

To analyze the incentives and disincentives to invest in Research and Development (R&D) project we firstly have to clarify the concept of innovating a firm with the use of R&D project. R&D can be determined when the innovation management tasks meet the technology management tasks. It contains activities such as fundamental research and concept development. However, it does not include technology licensing, corporate venturing and innovation management. Thus, since firms want to grow by developing new products, they invest in R&D.