The significance of intellectual capital in strategies of transnational corporations
Article Category: Conceptual Paper
Data publikacji: 06 lis 2020
Zakres stron: 291 - 306
Otrzymano: 08 maj 2020
Przyjęty: 22 wrz 2020
DOI: https://doi.org/10.2478/ijme-2020-0025
Słowa kluczowe
© 2020 Magdalena Rosińska-Bukowska, published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Objective
This study is an attempt to identify crucial assets of intellectual capital (IC) of transnational corporations (TNCs). The author identifies key assets each of the IC layers: organizational, innovative, and institutional. Examining these complex constructions of IC and its comprehensive influence on achieving competitive advantage is justified as the topic has been investigated rarely till now.
Methods
The paper presents literature review and the results of an authorial survey (252 corporations). The author used the following methodology concepts: the Grounded Theory Method, the Social Network Analysis, and the Multidimensional Statistical Analysis.
Findings
The results of the conducted analysis do sustain the postulated hypothesis that the main pillars constituting the intellectual capital of the most powerful transnational corporations (leaders) are the same in terms of the core irrespective of the type of industry. Based on the conducted research, the author points to the three key requirements for each of three IC layers (organizational, innovative, and institutional).
Practical implication
The proposed model of layers of intellectual capital may be used to identify the relationship in question, or its lack of relationship, in other types of international business. Furthermore, the study results provide guidelines for executives of corporations with respect to intellectual capital management.
Originality/value
It is a new, original proposal for measurement and presentation of the relationship between international competitiveness of transnational corporations and their intellectual capital efficiency (pillars of IC-layers).