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    Does country environment matter in the relationship between intellectual capital and innovation performance?

    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

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    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:
    Depositing User: Tatiana Andreeva
    Date Deposited: 02 May 2023 14:19
    Journal or Publication Title: Journal of Business Research
    Publisher: Elsevier
    Refereed: Yes
    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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