IDEAS home Printed from https://ideas.repec.org/a/ers/journl/vxxivy2021i2-part2p410-429.html
   My bibliography  Save this article

The Intellectual Capital and its Impact on the Sustainable Development of the SML-Sized Enterprises in Poland

Author

Listed:
  • Elwira Gross-Golacka
  • Marta Kusterka-Jefmanska
  • Radoslaw Miskiewicz
  • Bartlomiej Jefmanski
  • Agnieszka Rzepka
  • Teresa Kupczyk

Abstract

Purpose: The main goal of the article is to analyze the level of differentiation of awareness and knowledge of managers of small, medium and large enterprises within the scope of the essence and meaning of intellectual capital and the influence of its elements on the sustainable development of enterprises in Poland. Design/Methodology/Approach: The paper exploits a data set of 1067 companies operating in Poland (employing at least 10 employees). In order to test the research hypotheses, the analysis of variations for fuzzy numbers (FANOVA) was implemented. Findings: Although the majority of enterprises in Poland do not implement intellectual capital management strategies, managers are aware of the essence and significance of intellectual capital. The differentiation of the responses of managers based on the size of the enterprise was not statistically significant. Practical implications: This paper recommends companies to invest in intellectual capital that according to managers’ assessment has a significant impact on their sustainability. Originality/Value: This research contributes to enrich the theoretical framework for the Polish context regarding intellectual capital and it allows contrasting the evidence with other studies at national levels.

Suggested Citation

  • Elwira Gross-Golacka & Marta Kusterka-Jefmanska & Radoslaw Miskiewicz & Bartlomiej Jefmanski & Agnieszka Rzepka & Teresa Kupczyk, 2021. "The Intellectual Capital and its Impact on the Sustainable Development of the SML-Sized Enterprises in Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(2 - Part ), pages 410-429.
    • Handle: RePEc:ers:journl:v:xxiv:y:2021:i:2-part2:p:410-429
    as

    Download full text from publisher

    File URL: https://ersj.eu/journal/2242/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Gimede Gigante, 2013. "Intellectual Capital and Bank Performance in Europe," Accounting and Finance Research, Sciedu Press, vol. 2(4), pages 120-120, November.
    2. Ramezan, Majid, 2011. "Intellectual capital and organizational organic structure in knowledge society: How are these concepts related?," International Journal of Information Management, Elsevier, vol. 31(1), pages 88-95.
    3. Janeth N. Isanzu, 2015. "Impact of Intellectual Capital on Financial Performance of Banks in Tanzania," Journal of International Business Research and Marketing, Inovatus Services Ltd., vol. 1(1), pages 16-23, November.
    4. Allam Hamdan, 2018. "Intellectual capital and firm performance," International Journal of Islamic and Middle Eastern Finance and Management, Emerald Group Publishing Limited, vol. 11(1), pages 139-151, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nguyet Thi Nguyen, 2023. "The Impact of Intellectual Capital on Service Firm Financial Performance in Emerging Countries: The Case of Vietnam," Sustainability, MDPI, vol. 15(9), pages 1-19, April.
    2. Al Shahrani Saad M & Al Shahrani Saad M, 2016. "The Impact of Organizational Factors on Financial Performance: Building a Theoretical Model," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 2(7), pages 51-56, June.
    3. Sakinah Mat Zin & Ahmad Azrin Adnan & Iskandar Hasan Abdullah, 2017. "Intellectual Capital: How Do Islamic Ethics Rejuvenate It?," Asian Social Science, Canadian Center of Science and Education, vol. 13(3), pages 1-70, March.
    4. Rilla Gantino, 2020. "Leadership Style, Intellectual Capital and Corporate Social Responsibility on Performance, a Comparison Model of Listed Companies in Indonesia," GATR Journals afr192, Global Academy of Training and Research (GATR) Enterprise.
    5. Akshita Arora & Ranjit Tiwari, 2024. "Using gender diversity to improve intellectual capital performance: an Indian investigation," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 21(2), pages 252-267, June.
    6. Akinsulire, Oyemolu Olugbenga, 2022. "Effects of Intellectual Capital Cost on Performance of Selected deposit Money Banks Quoted in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(5), pages 834-844, May.
    7. Mehmet Asutay & Ubaidillah, 2024. "Examining the Impact of Intellectual Capital Performance on Financial Performance in Islamic Banks," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 1231-1263, March.
    8. repec:ers:journl:v:xxiv:y:2021:i:2b:p:410-429 is not listed on IDEAS
    9. Sam-Quarm, Richmond & Busharads, Mohamed Osman Elamin & Septiadi, Tedi & Institute of Research, Asian, 2020. "Intellectual Capital, Bank Profitability, and Bank Value," OSF Preprints y6n75, Center for Open Science.
    10. Monika Barak & Rakesh Kumar Sharma, 2023. "Investigating the Impact of Intellectual Capital on the Sustainable Financial Performance of Private Sector Banks in India," Sustainability, MDPI, vol. 15(2), pages 1-21, January.
    11. Al Shahrani Saad M & Al Shahrani Saad M, 2016. "The Impact of Organizational Factors on Financial Performance: Building a Theoretical Model," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 2(7), pages 51-56, June.
    12. Yusuf Iskandar & Joeliaty & Umi Kaltum & Hilmiana, 2021. "The Relationship Between Intellectual Capital and Performance of Social Enterprises: A Literature Review," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 10, September.
    13. Dr. CPA Peninah Tanui Melly & Dr. Stephen Makewit Mosong, 2024. "Relating Intellectual Capital and Performance via Organizational Ambidexterity: Evidence from Health Facilities in Uasin Gishu County, Kenya," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(7), pages 757-783, July.
    14. Ma, Yaxue & Ba, Zhichao & Zhao, Haiping & Sun, Jianjun, 2023. "How to configure intellectual capital of research teams for triggering scientific breakthroughs: Exploratory study in the field of gene editing," Journal of Informetrics, Elsevier, vol. 17(4).
    15. Nagwan AlQershi & Sany Sanuri Mohd Mokhtar & Zakaria Abas, 2022. "The influence of structural capital on the relationship between CRM implementation and the performance of manufacturing SMEs," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 13(3), pages 1205-1218, June.
    16. Zhang, Ying & Jia, Jie & Wu, Chenyang & Zhou, Wei & Evangelinos, Konstantinos, 2024. "An investigation of the impact of intellectual capital on entrepreneurial performance: A moderated mediation analysis on global firms," Journal of International Management, Elsevier, vol. 30(5).
    17. Gillani, Fatima & Chatha, Kamran Ali & Jajja, Shakeel Sadiq & Cao, Dongmei & Ma, Xiao, 2024. "Unpacking Digital Transformation: Identifying key enablers, transition stages and digital archetypes," Technological Forecasting and Social Change, Elsevier, vol. 203(C).
    18. Monika Barak & Rakesh Kumar Sharma, 2024. "Does intellectual capital impact the financial performance of Indian public sector banks? An empirical analysis using GMM," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-11, December.
    19. Hu, Ya-Ping & Chang, I-Chiu & Hsu, Wei-Yen, 2017. "Mediating effects of business process for international trade industry on the relationship between information capital and company performance," International Journal of Information Management, Elsevier, vol. 37(5), pages 473-483.
    20. Castillo-Palacio & M. & Vargas-García & M.L. & Gomez-Lopez & M.J., 2022. "Intellectual Capital and Innovation in Organizational Competitiveness: An Analysis in the Business Process Outsourcing (BPO)," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 29-48.

    More about this item

    Keywords

    Intellectual capital; enterprise development; performance; fuzzy numbers.;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ers:journl:v:xxiv:y:2021:i:2-part2:p:410-429. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marios Agiomavritis (email available below). General contact details of provider: https://ersj.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.