The Positive Effect of Green Intellectual Capital on Competitive Advantages of Firms
- 1.9k Downloads
No research explored intellectual capital about green innovation or environmental management. This study wanted to fill this research gap, and proposed a novel construct – green intellectual capital – to explore the positive relationship between green intellectual capital and competitive advantages of firms. The empirical results of this study showed that the three types of green intellectual capital – green human capital, green structural capital, and green relational capital – had positive effects on competitive advantages of firms. Moreover, this study found that green relational capital was the most common among these three types of green intellectual capital, and the three types of green intellectual capital of Medium & Small Enterprises (SMEs) were all significantly less than those of large enterprises in the information and electronics industry in Taiwan. In sum, companies investing many resources and efforts in green intellectual capital could not only meet the trends of strict international environmental regulations and popular environmental consciousness of consumers, but also eventually obtain corporate competitive advantages.
Keywordsgreen intellectual capital green human capital green structural capital green relational capital competitive advantage
Unable to display preview. Download preview PDF.
The author is grateful for the funding of National Science Council in Taiwan for this study, and the project number of this study is NSC 94-2416-H-224-001.
- Berry, M. A., Rondinelli, D. A.: (1998) Proactive Corporate Environmental Management: A New Industrial. Academy of Management Executive 12(2), 38–50Google Scholar
- Chen, Y. S, S.-B. Lai and C.-T. Wen.: 2006, ‚The Influence of Green Innovation Performance on Corporate Advantage in Taiwan’, Journal of Business Ethics 67(4), 331–339Google Scholar
- Dzinkowski, R.: (2000) The Value of Intellectual Capital. The Journal of Business Strategy 2(4), 3–4Google Scholar
- Edvinsson, L., Malone, M. S.: (1997) Intellectual Capital: Realizing Your Co.’s True Value by Finding Its Hidden Roots. Harper Collin Publishers, USAGoogle Scholar
- Grantham, C. E., Nichols, L. D.: (1997) A Framework for the Management of Intellectual Capital in the Health Care Industry. Journal of Health Care Finance 2(3), 1–19Google Scholar
- Greeno, L. J., Robinson, S. N.: (1992) Rethinking Corporate Environmental Management. The Columbia Journal of World Business 27(3–4), 222–232Google Scholar
- Hair J. F., Anderson R. E., Tatham R. L., Black W. C. (1998) Multivariate Data Analysis. Prentice-Hall, Inc., Upper Saddle River, NJ, pp. 192–193Google Scholar
- Miller, R., Wurzburg, G.: (1995) Investing in Human Capital. The OECD Observer 193, 16–19Google Scholar
- Peattie, K.: (1992) Green Marketing. Pitman Publishing Corp., LondonGoogle Scholar
- Porter M. E. (1980) Competitive Advantage. The Free Press, NYGoogle Scholar
- Porter, M. E., van der Linde, C.: (1995) Green and Competitive. Harvard Business Review 73(5), 120–134Google Scholar
- Sackman, S., Flamholz, E., Bullen, M.: (1989) Human Resource Accounting: a State of the Art Review. Journal of Accounting Literature 8, 235–264Google Scholar
- Schultz, T.: (1961) Investment in Human Capital. American Economic Review 51(1), 1–17Google Scholar
- Stewart, T. A.: (1994) Your Company’s Most Valuable Asset: Intellectual Capital. Fortune 130(7), 68–74Google Scholar
- Ulrich, D.: (1998) Intellectual Capital = Competence * Commitment. Sloan Management Review 39(2), 15–26Google Scholar
- Van Buren, M. E.: (1999) A Yardstick for Knowledge Management. Training and Development 53(5), 71–77Google Scholar