Skip to main content
Top

2018 | OriginalPaper | Chapter

The Impact of Intellectual Capital on High-Tech Enterprise Performance: Applied Study in China’s Second-Board Market

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

This paper chooses high tech enterprises listed on China’s Second-board Market as research objects. The aims of this thesis are to find out the impact of intellectual capital on the performance of high-tech enterprises. This study has carried out an empirical analysis with the method of multiple linear regression. The empirical findings indicate a trend that for high-tech industries on the GEM, the improvement of their performance efficiency depends more on the human capital compared to structural capital and physical capital. Both human capital and structural capital significantly influence the performance efficiency of enterprises in the high-tech industry, while physical capital practically doesn’t impact it significantly. According to the empirical findings, this paper has put forward some advices on capital allocation for Chinese high-tech enterprises.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literature
1.
go back to reference Bontis N (2001) CKO wanted-evangelical skills necessary: a review of the chief knowledge officer position. Knowl Process Manage 8(1):29–38CrossRef Bontis N (2001) CKO wanted-evangelical skills necessary: a review of the chief knowledge officer position. Knowl Process Manage 8(1):29–38CrossRef
2.
go back to reference Bontis N, Keow W, Richardson S (2002) Intellectual capital and business performance in malaysian industries. J Intell Capital 1(1):85–100CrossRef Bontis N, Keow W, Richardson S (2002) Intellectual capital and business performance in malaysian industries. J Intell Capital 1(1):85–100CrossRef
3.
go back to reference Brainard WC, Tobin J (1968) Pitfalls in financial model building. Cowles Found Discuss Pap 58(2):99–122 Brainard WC, Tobin J (1968) Pitfalls in financial model building. Cowles Found Discuss Pap 58(2):99–122
4.
go back to reference Chen Y (2011) Formation and development of “new over-the-counter market”. China Secur Futures China 11:15–24 (in Chinese) Chen Y (2011) Formation and development of “new over-the-counter market”. China Secur Futures China 11:15–24 (in Chinese)
5.
go back to reference Edvinsson L (2013) IC 21: reflections from 21 years of ic practice and theory. J Intell Capital 14(1):163–172CrossRef Edvinsson L (2013) IC 21: reflections from 21 years of ic practice and theory. J Intell Capital 14(1):163–172CrossRef
6.
go back to reference Feng L (2007) An empirical analysis on the relationship between human capital and firm performance. Commun Finance Account 2:66–69 Feng L (2007) An empirical analysis on the relationship between human capital and firm performance. Commun Finance Account 2:66–69
7.
go back to reference Lentjušenkova O, Lapina I (2016) The transformation of the organization’s intellectual capital: from resource to capital. J Intell Capital 17(4):610–631CrossRef Lentjušenkova O, Lapina I (2016) The transformation of the organization’s intellectual capital: from resource to capital. J Intell Capital 17(4):610–631CrossRef
8.
go back to reference Maddocks J, Beaney M (2002) See the invisible and intangible. Knowl Manage 3:16–17 Maddocks J, Beaney M (2002) See the invisible and intangible. Knowl Manage 3:16–17
9.
go back to reference Meiou L (2013) Research on China gem development. Master’s thesis, Fudan University, Shanghai (in Chinese) Meiou L (2013) Research on China gem development. Master’s thesis, Fudan University, Shanghai (in Chinese)
10.
go back to reference M’Pherson PK, Pike S (2001) Accounting, empirical measurement and intellectual capital. J Intell Capital 2(3):246–260CrossRef M’Pherson PK, Pike S (2001) Accounting, empirical measurement and intellectual capital. J Intell Capital 2(3):246–260CrossRef
11.
go back to reference Subramaniam M, Youndt MA (2005) The influence of intellectual capital on the types of innovative capabilities. Acad Manag J 48(3):450–463CrossRef Subramaniam M, Youndt MA (2005) The influence of intellectual capital on the types of innovative capabilities. Acad Manag J 48(3):450–463CrossRef
12.
go back to reference Zambon S (2016) Ten years after: the past, the present and the future of scholarly investigation on intangibles and intellectual capital (IC). J Intell Capital 17(1):42–50CrossRef Zambon S (2016) Ten years after: the past, the present and the future of scholarly investigation on intangibles and intellectual capital (IC). J Intell Capital 17(1):42–50CrossRef
13.
go back to reference Zhu X (2003) Human capital and corporate performance. Guangxi Soc Sci 1:75–77 (in Chinese) Zhu X (2003) Human capital and corporate performance. Guangxi Soc Sci 1:75–77 (in Chinese)
Metadata
Title
The Impact of Intellectual Capital on High-Tech Enterprise Performance: Applied Study in China’s Second-Board Market
Authors
Hongchang Mei
Kunling Wang
Copyright Year
2018
DOI
https://doi.org/10.1007/978-3-319-59280-0_141

Premium Partners