Advertisement

Journal of Business Ethics

, Volume 77, Issue 3, pp 271–286 | Cite as

The Positive Effect of Green Intellectual Capital on Competitive Advantages of Firms

  • Yu-Shan Chen
Article

Abstract

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.

Keywords

green intellectual capital green human capital green structural capital green relational capital competitive advantage 

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Notes

Acknowledgements

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.

References

  1. Barney, J. B.: (1991) Firm Resources and Sustained Competitive Advantage. Journal of Management 17(1), 99–120CrossRefGoogle Scholar
  2. Berry, M. A., Rondinelli, D. A.: (1998) Proactive Corporate Environmental Management: A New Industrial. Academy of Management Executive 12(2), 38–50Google Scholar
  3. Bontis, N.: (1999) Managing Organizational Knowledge by Diagnosing Intellectual Capital. International Journal of Technology Management 18(5–8), 433–462CrossRefGoogle Scholar
  4. Bozbura, F. T.: (2004) Measurement and Application of Intellectual Capital in Turkey. Learning Organization 11(4/5), 357–367CrossRefGoogle Scholar
  5. Capello, R.: (2002) Spatial and Sectoral Characteristics of Relational Capital in Innovation Activity. European Planning Studies 10(2), 177–200CrossRefGoogle Scholar
  6. Capello, R., Faggian, A.: (2005) Collective Learning and Relational Capital in Local Innovation Processes. Regional Studies 39(1), 75–87CrossRefGoogle Scholar
  7. 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
  8. Coyne, K. P.: (1986) Sustainable Competitive Advantage – What It Is, What It Isn’t. Business Horizons 29(1), 54–61CrossRefGoogle Scholar
  9. Dzinkowski, R.: (2000) The Value of Intellectual Capital. The Journal of Business Strategy 2(4), 3–4Google Scholar
  10. Edvinsson, L., Malone, M. S.: (1997) Intellectual Capital: Realizing Your Co.’s True Value by Finding Its Hidden Roots. Harper Collin Publishers, USAGoogle Scholar
  11. Elias, J., Scarbrough, H.: (2004) Evaluating human capital: an exploratory study of management practice. Human Resource Management Journal 14(4), 21–40CrossRefGoogle Scholar
  12. 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
  13. Greeno, L. J., Robinson, S. N.: (1992) Rethinking Corporate Environmental Management. The Columbia Journal of World Business 27(3–4), 222–232Google Scholar
  14. 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
  15. Hart, S. L.: (1995) A Natural-Resource-based View of the Firm. Academy of Management Review 20(4), 986–1014CrossRefGoogle Scholar
  16. Johnson, W. H. A.: (1999) An Integrative Taxonomy of Intellectual Capital: Measuring the Stock and Flow of Intellectual Capital Components in the Firm. International Journal of Technology Management 18(5–8), 562–575CrossRefGoogle Scholar
  17. Joia, L. A.: (2000) Measuring Intangible Corporate Assets: Linking Business Strategy with Intellectual Capital. Journal of Intellectual Capital 1(1):68–84CrossRefGoogle Scholar
  18. Masoulas, V.: (1998) Organizational Requirements Definition for Intellectual Capital Management. International Journal of Technology Management 16(1–3), 126–143CrossRefGoogle Scholar
  19. Miller, R., Wurzburg, G.: (1995) Investing in Human Capital. The OECD Observer 193, 16–19Google Scholar
  20. Peattie, K.: (1992) Green Marketing. Pitman Publishing Corp., LondonGoogle Scholar
  21. Porter M. E. (1980) Competitive Advantage. The Free Press, NYGoogle Scholar
  22. Porter, M. E., van der Linde, C.: (1995) Green and Competitive. Harvard Business Review 73(5), 120–134Google Scholar
  23. Roos, G., Roos, J.: (1997) Measuring Your Company’s Intellectual Performance. Long Range Planning 30(3), 413–426CrossRefGoogle Scholar
  24. Russo, M. V., Fouts, P. A.: (1997) A Resource-based Perspective on Corporate Environmental Performance and Profitability. Academy of Management Journal 40(3), 534–559CrossRefGoogle Scholar
  25. Sackman, S., Flamholz, E., Bullen, M.: (1989) Human Resource Accounting: a State of the Art Review. Journal of Accounting Literature 8, 235–264Google Scholar
  26. Schultz, T.: (1961) Investment in Human Capital. American Economic Review 51(1), 1–17Google Scholar
  27. Shrivastava, P.: (1995) Environmental technologies and competitive advantage. Strategic Management Journal 16(Special issue), 183–200CrossRefGoogle Scholar
  28. Stewart, T. A.: (1994) Your Company’s Most Valuable Asset: Intellectual Capital. Fortune 130(7), 68–74Google Scholar
  29. Ulrich, D.: (1998) Intellectual Capital = Competence * Commitment. Sloan Management Review 39(2), 15–26Google Scholar
  30. Van Buren, M. E.: (1999) A Yardstick for Knowledge Management. Training and Development 53(5), 71–77Google Scholar

Copyright information

© Springer Science+Business Media B.V. 2007

Authors and Affiliations

  1. 1.Department of Business AdministrationNational Yunlin University of Science & TechnologyDouliou, YunlinTaiwan, Republic of China

Personalised recommendations