Performance and Intellectual Capital : How Enablers Drive Value Creation in Organisations

Abstract

The main aim of this study is to establish the relationships between diverse research fields that academics traditionally address separately. Specifically, this paper explores the links between the resource-based view, intellectual capital and knowledge creation. To achieve this, we developed a novel theoretical model of relationships and tested this model empirically. We quantitatively test this model using data from firms in the Spanish biotechnology sector. The main practical implication is the intense relationship between intellectual capital, performance and the mediating variables. The model indicates the existence of 10 useful channels through which to direct efforts to improve organisational performance. We define a theoretical relational model between these fields, thus marking an innovation in the subject-specific literature because of the inclusion of intermediate or mediating variables, and their relationship with organisational performance.