Business Management Dynamics

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ISSN: 2047-7031

bmd Business and Management Dynamics bmd
ISSN: 2047-7031  
Volume  8   Issue 12  2019  
Article Abstract
The Impact of Intellectual Capital on Innovation: A Literature Study
Keywords:  Intellectual Capital, Human Capital, Social Capital, Organizational Capital, Innovation
Ozden Altindag , Ozge Fidanbas & Gaye Irdan
One of the most vital assets of enterprises that want to create a sustainable competitive advantage is intellectual capital, which consists of intangible assets. Intellectual capital is also a crucial strategic resource for business performance. It offers innovative solutions to organizations and increases their performances. In the ever-changing and globalizing world, while developing their strategies, enterprises want to improve their methods and processes, meet the expectations of internal and external stakeholders, and simultaneously benefit from the support of innovation to realize these. Enterprises that use resources with critical importance such as intellectual capital also want to benefit from the healing and developing impact of innovation activities. This study aims to determine whether intellectual capital affects innovation and the existence of its mediating role. The relationship and interaction between intellectual capital and its subcomponents, "human, social and organizational capital" and innovation were also examined separately. Within the scope of the study, the studies in the literature conducted between 2005 and 2019, and their results were examined. The obtained results demonstrated that there was mostly a significant positive relationship between intellectual capital and its elements and innovation and its activities. In addition, in these results, the mediating role of intellectual capital was also determined.
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