Assessing sustainable competitive advantage in relation with intellectual capital, knowledge management and innovativeness in women-owned SMEs in Malaysia / Che Asniza Osman, Rohana Ngah

Small Medium Enterprises (SMEs) play an important role in contributing the economic growth of most nations. As the global economy slows down, entrepreneurship role becomes increasingly important to drive the pecuniary and societal well-being. In 2012, Global Entrepreneurship Monitor (GEM), reported an estimation of 126 million women have started or running new businesses in around 67 countries around the world. In addition, about 98 million women are operating established businesses. Study showed that women seem to face difficulties in moving from one phase to another to withstand the entrepreneurship process thus; they are rated lower in terms of starting venture comparing to men. This paper provides a conceptual discussion on the role of intellectual capital, knowledge management, and innovativeness in sustaining competitive advantage of women owners of SMEs. The variables investigated eventually attempts to establish and test an integrated framework for intellectual capital

Management control of intangibles

This paper analyzes the importance of management control on the intangible elements considering its contribution for value creation. Some intangible evaluation models and methodologies are discussed, taking into consideration their utility. A new methodological framework that considers the objectives of management control as well as its applicability is presented

Towards improved information disclosure on intellectual capital in Spanish universities

The main aim of this study is to demonstrate how important it is for Spain s public universities to provide information on their intellectual capital in order to satisfy their users information needs So an empirical study was conducted to analyse the opinion held by the Social Councils of Spain s public universities regarding the need for Spanish public universities to publish information on their intellectual capital when presenting economic financial and budgetary information The results of this research show extensive criticism of the current accounting information model used by public universities in Spai

The interrelatedness of organizational ambidexterity, dynamic capabilities and open innovation : a conceptual model towards a competitive advantage

Purpose – Establishing a competitive advantage in today’s dynamic environment involves optimizing an organization’s exploration and exploitation strategy. This paper aims to explore how an open innovation strategy complements the organization’s ambidextrous strategy in attaining a competitive advantage. Organizational ambidexterity and dynamic capability theories are also explored to investigate the impact of open innovation on the organization’s ambidextrous strategy and competitive advantage – especially inbound and outbound open innovation. Design/methodology/approach – The authors conducted a systematic literature review using Boolean search techniques, which was focused on the research fields of the sub-areas of general management, strategy, innovation, organization studies, information management, entrepreneurship, international business, marketing, and economics, supplemented by the snowball technique. Findings – Organizations that combine their ambidextrous strategy with open innovation attributes achieve a competitive advantage through developing their dynamic capabilities by which organizations change their value proposition. This study also shows that an ambidextrous strategy should no longer be viewed as a structural solution implemented by management, but also as a bottom-up intervention. Additionally, the authors found that the organization’s dynamic capabilities establish a feedback loop, which changes the organization’s ambidextrous strategy to resolve the efficiency–agility paradox. Originality/value – Previous research has focused on strategic orientation; however, hardly any research has investigated how the interrelatedness of open innovation, organizational ambidexterity and dynamic capabilities support a competitive advantage. The authors present a conceptual model that inspires new research avenuesinfo:eu-repo/semantics/publishedVersio

Intellectual Capital In Mexican SMEs From The Perspective Of The Resource-Based And Dynamic Capabilities Views

This paper combines the resource-based and dynamic capabilities views to examine intellectual capital in Mexican small and medium enterprises (SMEs) and its relation to competitive advantage. Following an exploratory approach, this paper relies on face-to-face interviews with managers to take an in-depth look at the three components of intellectual capital: human, organizational, and relational capital. Further, a SME typology is proposed and the examined companies are categorized accordingly. Dynamic SMEs have instituted internal and external processes to respond rapidly to change, allowing them to sense opportunities and threats and subsequently benefiting from competitive advantages. This analysis can help both managers and policymakers put appropriate programs in place to encourage SME development and growth by identifying the impact of intellectual capital. The generalizability of the results is limited by the small sample size and the focus on one geographic region in Mexico. This study contributes to the limited literature on intellectual capital in SMEs in emerging markets. Moreover, very few papers have analyzed intellectual capital from the perspective of the dynamic capabilities view

Dynamic Capabilities and Strategic Management: Explicating the Multi-Level Nature of Dynamic Capabilities - Insights from the Information Technology Security Consulting Industry

The dynamic capabilities perspective has become one of the most vibrant approaches to strategic management. Despite its growing popularity, it has faced criticism because of ambiguity and contradictions in dynamic capabilities literature. There has been increasing calls to address the fragmentation in the literature and provide empirically collaborated insights if it is to fulfil its potential as a distinct approach to strategic management. The microfoundations research agenda remains an emerging theme in the dynamic capabilities literature and since the overarching emphasis of a microfoundational approach is in the explanatory primacy of the micro-level especially in its relation to macro-level entities, it covers a wide array of subjects at several levels. One of the main criticisms of the microfoundations approach is a lack of multi-level analysis and there has been calls for multi-level theory development to connect levels within particular contexts since dynamic capabilities are path dependent and context-specific. This thesis explores the multi-level nature of dynamic capabilities in the Information Technology Security context and empirically investigates the impact of microfoundations of dynamic capabilities on firm capability renewal and reconfiguration. It overcomes the challenge associated with fragmentation in dynamic capabilities by presenting a conceptual model for the multi-level nature of dynamic capabilities. By explicating where dynamic capabilities reside, we can more purposely impact on them to advance our scholarly understanding and proffer practical managerial interventions to directly enhance specific abilities of sensing, seizing and reconfiguring to achieve superior outcomes. The research employed the Gioia qualitative case study research methodology and research methods used were 35 semi-structured interviews and observations. The research findings suggest that firms renew and reconfigure their capabilities to align with the changing industry and industry standards, and client needs. Firms also renew and reconfigure capabilities and capability framework due to internal strategic organisational learning and to align with firm’s specific business strategies. Capability renewal and reconfiguration is vital to achieve technical and evolutionary fitness. In addition, findings inform that dynamic capabilities in the form of ability to sense, seize and reconfigure exhibit at macro, meso and micro levels. Actor’s external engagement with significant institutions enables superior sensing ability. Accumulated experience is exploited to gain credibility with clients to win business, and demystifying firm processes and clarity of language in firm artefacts achieve superior knowledge articulation and codification processes by actors. Structuring of simple routines and capabilities enable ease of internal knowledge transfer but susceptibility to intellectual property theft by outsiders whereas complex routines and capabilities create challenges for knowledge transfer but are harder for competitors to discern and copy. Drawing on the research findings, the thesis presents a conceptual model for the multi-level microfoundations of dynamic capabilities in knowledge-intensive domains with relevance for theory and practice

The role of intellectual capital in organisational value creation: An application of a theoretical model to two case studies

This thesis was submitted for the degree of Doctor of Philosophy and awarded by Brunel University, 17/06/2004.The research in this thesis focuses on the intangible resources of organisations. Intangible resources include an organisation's collective knowledge and learning, leadership talent, the values that shape its culture, routines and processes and the collaborative relationships. These intangible resources are known as intellectual capital (IC) because they support organisational activity along with financial and physical capital. Previous research has classified IC into three principle components of human, organisational and relationship capital and has established a link between IC and organisational value. Recent studies have also emphasised the notion of interrelationships between the three components of intellectual capital in developing capabilities that drive value creation. Yet it is often unclear how the various elements interrelate to one another to generate organisational value. This thesis investigates how IC contributes to organisational value creation. Central to this research is the examination of the mechanisms through which IC factors are integrated within organisations in order to develop capabilities. As innovation is widely agreed to be a determinant of organisational value creation, this research adapted and extended the model of intelligence and innovation proposed by Glynn (1996) to develop a comprehensive theoretical framework for empirically examining the synergistic effects of IC. Building upon four major theoretical streams: resource-based view of the firm, innovation theory, intellectual capital theory and organisational capabilities, this research has elaborated the ideas and constructs presented in the original model and de-contextualised them to an intellectual capital perspective. A qualitative, interpretive approach was applied to two in-depth case studies for investigating the intangible resource-base of two knowledge intensive companies. The results were then expanded to a cross-case context in order to compare and contrast the value creating potential of the IC factors. The findings of this research are presented in the form of a descriptive framework that classifies the characteristics of a value creating process. The purpose of the framework is to provide pointers for identifying IC resources and developing capabilities in a way that provides an organisation with sustainable competitive advantage, and thereby, value

Investigating dynamic capabilities, agility and knowledge management within EMNEs- longitudinal evidence from Europe

Purpose: This paper aims to analyse the impact of dynamic capability (DC) of emerging market multinationals (EMNEs) on their firm technological performance by teasing out the concepts of agility and knowledge management (KM) through DC. Design/methodology/approach: Evidence from this study is contextualised on EMNEs that operate in the UK, Germany and France. This study examines the investment in intangible assets which EMNEs use to develop their DC over the period 2005-2016 and how this leads to increased firm technological performance. Findings: Results show that higher investments in DC allow EMNEs to be more agile and gain competencies through KM and thereby sustain competitiveness in the three leading European countries. This research also identifies which EMNE groupings show greater technological performance and how such EMNE groupings are able to translate dynamic capabilities into greater technological performance compared to others over time. In summary, the role of DC during of the global financial crisis was also examined, where they are required to be more agile. Originality/value: This paper sheds light on a novel way and motivation of successful EMNEs in using developed host countries as a location for generating DC through agility and KM