Diversity in Estimates of the Impact of Intellectual Capital on Firm Performance Created by Varied Adoptions of VAIC Method

Autor:	Gamini Premaratne, Sampath Kehelwalatenna
Rok vydání:	2019
Předmět:	Structural capital Relational capital Computer Networks and Communications Hardware and Architecture Value (economics) Econometrics Business Robustness (economics) Human capital Software Diversity (business) Intellectual capital
Zdroj:	Colombo Business Journal. 10:66-113
ISSN:	2579-2210 1800-363X
DOI:	10.4038/cbj.v10i1.43
Popis:	Value Added Intellectual Coefficient (VAIC) method has become the most efficient method for measuring intellectual capital (IC). However, there are inconsistencies in the mechanism of adopting the VAIC method to measure IC, thus questioning the robustness of established relationships between IC and firm performance. Therefore, this study attempts to examine the diversity in estimates of the impact of IC on firm performance as a result of adopting the VAIC method in a diverse manner. The study also proposes a modification to the basic VAIC method to eliminate its key limitation. Findings of the study indicate that there are differences in the estimates of the impact of IC on firm performance as a result of varied VAIC adoptions. The proposed modification to the basic VAIC method incorporates theoretically agreed value compositions of IC (human capital, structural capital and relational capital) replacing traditional value compositions (human capital and structural capital) in the basic VAIC method.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::c479c4d637c63f981a6a953e903de795 https://doi.org/10.4038/cbj.v10i1.43 Zobrazit plný text záznamu