Importance Of Intangible Resources Research Articles

Social network ties, proactive entrepreneurial behavior and successful retail business: a study on Indonesia small enterprises

PurposeThis study aims to examine the relationship between social network ties (SNT) and successful retail business (SRB), as well as the effect of the moderating variable of proactive entrepreneurial behavior (PEB).Design/methodology/approachThe quantitative method with a cross-sectional design is used. A series of questionnaires are distributed and collected from a total of 101 retail business owners selected by a purposive sampling technique. Factor analysis and regression analysis are used to test the validity of the data and hypotheses.FindingsThe results establish that the higher the SNT, the higher the chance of a retail business to be successful. Interestingly, subsequent findings indicate that the role of PEB can strengthen the relationship between SNT and SRBs.Originality/valueBusiness owners or entrepreneurs are considering both SNT and PEB in making business decisions. A new insight on the importance of intangible resources is revealed where it is rooted in resource-based and social capital theories.

Analysis of the influence of intangible assets on the performance of Brazilian companies

Purpose – The study aims to analyze the relationship between intangible assets and the economic performance of Brazilian public companies. Design/methodology/approach – We calculated the Degree of Intangibility (DI) to segregate companies into two groups: intangible-intensive and tangible-intensive in a sample of Brazilian public companies from 2012 to 2016. We applied the Mann-Whitney test to verify whether there were statistically significant differences between these two groups of companies concerning the Operating Margin, Return on Equity, Return on Assets, Market Value Added and Earning per Share. Findings – The results show that intangible-intensive companies presented higher economic performance in most part of the indicators and years analyzed. In addition, we did not find significant results for Earnings per Share, although the signed rank sum mean values of intangible-intensive are higher than tangible-intensive companies in most part of the years. Practical implications - The findings seek to contribute to discussions about the importance of intangible resources as determinants of competitive advantages and reflecting in higher economic performance, and thus increasing market value. In this sense, investments in intangible resources can be applied in adopting initiatives in markets and definition of strategic positions in companies. Finally, our study seeks also to contribute to capital markets since the relationship between intangible assets and economic performance can be useful in detecting investment opportunities. Originality/value – Previous studies analyzed the relationship between intangible assets and economic performance with other periods and samples. We also measured different proxies for economic performance as Operating Margin, Return on Equity, Return on Assets, Market Value Added and Earnings per Share.

Circular PSS Strategies: An Exploration of the Integration of Territorial Resources

AbstractProduct service systems (PSS) are frequently cited as key strategies in the transition towards the circular economy (CE). The main aim of the CE is sustainable development (SD), hence, this paper intends to highlight the importance of considering the territory in the design and implementation of circular PSS strategies for ensuring SD. This research is in an early stage, thus, a literature review was conducted to define the main characteristics of circular PSS, and the concepts of the territory, territorial and local resources from a PSS perspective. In addition, an analysis of the state-of-the-art approach of the integration of the territorial scale in the design and development of PSS strategies was conducted. This study contributes to the understanding of the territory and its relevance in the local value creation in circular PSS strategies. Furthermore, the results highlight the relevant role of collaboration and the importance of intangible resources in the mobilisation of other resources in the design of circular PSS strategies.

Intangible assets as a source of competitiveness of real-estate developers

Motivation: resources of an enterprise are understood widely and include both tangible means as well as immaterial assets. Currently, there is an increasing emphasis on the importance of intangible resources in building the competitive advantage of an enterprise. Competitive advantage is identified with the status desired by an enterprise, which operates in a competitive environment. It can be defined as a disproportion among enterprises, which allows one company to compete better than others on the market. The purpose of the analysis is usually therefore to determine the sources of competitive advantage. The knowledge is particularly important for enterprises operating in the property development sector, which is characterized by a considerable volatility resulting from changes in the economic situation in the whole construction sector. Aim: the purpose of the article is to answer the question of what factors are important in the process of building a competitive advantage of real-estate developers, in particular, what is the role of intangible resources. Results: conclusions of the analysis made it possible to formulate a summary of intangible assets that contribute most to building a competitive advantage of real-estate developers. These factors were included in several areas, inter alia: enterprise market, relations, finances, product, human resources.

The National Intangible Resources and Their Importance in the Current Knowledge-Based Economy

Abstract In this article, models for assessing national intangible resources are analysed through a lecture in the literature, and the best-known evaluation methods are categorized into academic models and models of international organizations, with the most important differences being identified. The European Innovation Scoreboard (EIS) and the World Economic Forum annual reports on Global Competitiveness were considered to assess Romania's position in the international context in terms of intangible assets. Despite the importance of intangible resources at national level and the fact that they are an important factor in determining economic growth in the current knowledge-based economy, this article concludes that Romania's position in the international context regarding intangible assets is very weak, with many weak points in research and innovation performance compared to other EU Member States. Therefore, there is a need in our country to re-evaluate the areas where all efforts need to be focused to stimulate innovation performance, to properly manage national intangible resources, a crucial process for improving the quality of life.

Analysis of the Impact of Intangible Resources at Macroeconomic Level. The Case of Romania

Abstract The results of literature analysis confirm the strategic value of intangible resources in creating wealth and conferring competitive advantages to nations. However, there are few academic papers related to intangible resources at country level. At national level, economic growth is increasingly based on knowledge and other intangible resources than on physical ones. To test this hypothesis in Romania, this article analyses how intangible resources influence economic growth, and correlation indices between different types of intangible resources and gross domestic product value are calculated. The analysis shows that there are very strong positive correlations between GDP and most of the intangible resource variables. Despite the importance of intangible resources at national level and the fact that they are an important factor in determining economic growth in the current knowledge-based economy, Romania's position in the international context regarding intangible assets is very weak, with many weak points in research and innovation performance compared to other EU Member States. Therefore, there is a need in our country to re-evaluate the areas where all efforts need to be focused to stimulate innovation performance, to properly manage national intangible resources, a crucial process for improving the quality of life

Recursos estratégicos para a produção enxuta: um estudo de caso no setor de manufatura eletrônica

Muitas empresas que tentam implementar a produção enxuta falham ao negligenciar o aspecto estratégico envolvido na mudança organizacional que demanda um novo modelo de gestão. Analisando pela ótica da visão baseada em recursos, é necessário identificar os recursos estratégicos que dão suporte para a implementação, de forma a proteger, explorar e desenvolver os recursos que que viabilizam a produção enxuta. Adotando essa perspectiva, este artigo teve o objetivo de analisar a implementação da produção enxuta em uma empresa de manufatura eletrônica, identificando os recursos mais importantes para o processo. A abordagem metodológica utilizada foi o estudo de caso, no qual a entrevista semiestruturada constituiu o principal instrumento de coleta de dados. Foram identificadas 11 práticas de produção enxuta implementadas e 13 recursos de suporte à implementação. De um modo geral, os resultados demonstraram a importância dos recursos intangíveis para a implementação e a manutenção da produção enxuta na empresa, em especial: cultura organizacional, valores e funcionários. De um modo específico, foi possível identificar quais recursos são mais representativos para cada prática enxuta, o que ajuda a melhorar a decisão sobre quais recursos investir de acordo com as prioridades de implementação.