Andreeva, Tatiana and Garanina, Tatiana and Sáenz, Josune and Aramburu, Nekane and Kianto, Aino
(2021)
Does country environment matter in the relationship between intellectual capital and innovation performance?
Journal of Business Research, 136.
pp. 263-273.
ISSN 0148-2963
Abstract
This paper examines how country environment shapes the relationship between firm intellectual capital and its
innovation performance. Using survey data from 649 firms in Finland, Spain and Russia complemented by
archival IMD World Competitiveness Ranking data, we find that when country environment is characterised by
greater availability of skilled labour and a stronger appropriability regime, a firm’s human and structural capital
have a lower impact on its innovation performance. The effect of relational capital does not depend on these
contextual variables. This study enriches the intellectual capital-based view of the firm by demonstrating that
country-level factors moderate the performance effects of firm-level intellectual capital. It also adds to the
strategic management literature by exploring the explanatory power of a combination of country-level variables
and firm-level resources in understanding firm-level performance. Our findings can help practitioners focus on
the elements of intellectual capital that have the greatest impact in their environment.
Item Type: |
Article
|
Keywords: |
Intellectual capital;
Home country environment;
Appropriability regime;
Institutions;
Factor markets;
Innovation; |
Academic Unit: |
Faculty of Social Sciences > School of Business |
Item ID: |
17134 |
Identification Number: |
https://doi.org/10.1016/j.jbusres.2021.07.038 |
Depositing User: |
Tatiana Andreeva
|
Date Deposited: |
02 May 2023 14:19 |
Journal or Publication Title: |
Journal of Business Research |
Publisher: |
Elsevier |
Refereed: |
Yes |
URI: |
|
Use Licence: |
This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available
here |
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