Intellectual Capital and Innovation Performance: Empirical Evidence in the Turkish Automotive Supplier

Muammer Zerenler,Mete Sezgin,Selcuk Burak Hasiloglu

doi:10.4067/s0718-27242008000200003

Muammer Zerenler, Mete Sezgin + Show 1 more

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https://doi.org/10.4067/s0718-27242008000200003

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Abstract

The purpose of this study was to investigate the influence of intellectual capital of Turkish automotive supplier industry upon their innovation performance. This study showed that three types of intellectual capital –employee capital, structural capital, and customer capital– had a significantly positive relationship with innovation performance. Moreover, the results also indicated that the higher the growth rate of an industry, the stronger were the positive relationships between three types of intellectual capital and innovation performance. Besides, customer capital was the greatest among these three types of intellectual capital in Turkish automotive supplier industry, employee capital was the next, and structural capital was the least. This shows two points; first, T urkish automotive supplier industry emphasized the interactive “relations” with their suppliers, clients, and partners; second, it was imperative for Turkish manufacturing enterprises to develop their structural capital to increase their innovation performance.

Highlights

Global competition and the ever-changing nature of innovation and creativity as a critical factor, force business enterprise to create or transfer new values or bring out new dimensions in addition to the current ones.These obligations require the complete metamorphosis of present structures, perceptions, and approaches in management and organizational atmosphere
The study applied regression analysis to verify the hypotheses. It can be found from Model I and Model II in Table 3 that three types of intellectual capital, i.e. employee capital, structural capital, and customer capital, had significantly positive relationships with innovation performance.That meant the more significant were the three types of intellectual capital within a firm, the better its innovation performance
It meant that the higher the growth rate of automotive supplier industry, the stronger were the positive relationships between three types of intellectual capital and innovation performance

Summary

Introduction

Global competition and the ever-changing nature of innovation and creativity as a critical factor, force business enterprise to create or transfer new values or bring out new dimensions in addition to the current ones.These obligations require the complete metamorphosis of present structures, perceptions, and approaches in management and organizational atmosphere. The age of information directs business enterprises to acquire a data-based and nonmaterial wealth rather than a physical one This orientation has emerged as a result of experienced facts such as increasing significance of customer service demand in total demand and increasing role of information among production factors.The most outstanding reflection of information age on business enterprises is the importance of the development and effectiveness of data-based accumulation, created by a business enterprise on its activities. In this sense intellectual capital is regarded as a strategic element in business enterprises nowadays

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