Abstract
The purpose of this paper is to empirically investigate the impact of intellectual capital (IC) efficiency on the financial and export performance of firms in India. This study uses data of 165 export firms listed on National Stock Exchange (NSE) for a six-year period from 2007 to 2013. In-depth study of four set of high export intensive industries in India viz. textile, chemical, information technology and financial services is done. Ante Pulic's value added intellectual coefficient model in its modified version (M-VAIC) that includes the components of relational capital and innovation capital in IC is used for analysis. The empirical investigation using panel regression found that IC efficiency does influence profitability of all firms in India especially in textile and IT industry. The results further confirmed that productivity and export performance of all firms is highly influenced by human capital efficiency.
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