IJEBM | Intellectual capital: A modern model to measure the value creation in a business

Indexing and Abstracting

Intellectual capital: A modern model to measure the value creation in a business

Bayad Jamal Ali , Govand Anwar

International Journal of Engineering, Business And Management(IJEBM), Vol-5,Issue-2, March - April 2021, Pages 31-43 , 10.22161/ijebm.5.2.4

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Article Info: Received: 03 Jan 2021; Received in revised form: 27 Feb 2021; Accepted: 21 Mar 2021; Available online: 22 Apr 2021

Abstract:

Using a sample of 92 patients, this study looked into the impact of intellectual capital on the efficiency of private hospitals. The researchers used a quantitative approach to assess the effect of Intellectual capital (Human capital, Structural capital, and Relational capital) on long-term competitive advantage in private hospitals in Iraq's Kurdistan region. The research sample was selected using a random sampling method and conducted in various locations across Iraq's Kurdistan province. A total of 110 questionnaires were distributed, but only 92 people correctly completed them. The findings revealed that the most effective relationship with firm success was between human capital as an element of Intellectual capital, while the least effective relationship was between ownership as an element of Intellectual capital. Furthermore, our findings indicate that finance managers should use debts as a last resort in terms of intellectual capital. Finally, our research can be improved by using more controlled variables, a greater sample size, and data from a longer time span in the regression models. Other methods and steps can be used as well.

Keywords:

Human capital, Structural capital, Relational Capital, Value Creation.

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