Abstract
<p>Intellectual capital is a new managerial notion that is adaptive to changing environmental conditions and provides advantages in highly competitive marketplace. It is contextualized in the literature with the sub-elements: str<em>uctural capital, human capital and relation capital. </em>Even though this notion found wide interest in academia, the impacts of its sub-elements on business performance haven’t been studied enough. In this study we aim to fill this gap. For this reason, the relationships between structural capital and qualitative and quantitative performance have been investigated. For analysis we preferred Structural Equation Model (SEM) using Lisrel 8.51. According to the findings, structural capital affects the qualitative performance positively and explains 82% of the change in qualitative performances of companies; while explaining 28 % of the positive change.</p>
Highlights
Enterprises are affected from the society which they come from
It is contextualized in the literature with the sub-elements: structural capital, human capital and relation capital
The literature shows the importance of Intellectual Capital (IC), there is no consensus on this concept
Summary
Enterprises are affected from the society which they come from. The information society has changed the roles in business life dramatically. With the rapid advancement of information technologies there are radical changes in business environment like management, customers, market structures and competitors. This is followed by a new era in corporate governance and Intellectual Capital (IC) which has become the most valuable asset of a company (Edvinsson, 1997). The literature shows the importance of IC, there is no consensus on this concept. Adhering to the literature we consider that Structural Capital (SC) is one of the sub-dimensions of IC
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