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Intellectual Capital, Knowledge Sharing, and Innovation Performance: Evidence from the Chinese Construction Industry

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  • Yongfu Li

    (School of Management Engineering, Shandong Jianzhu University, Jinan 250101, China)

  • Yu Song

    (School of Management Engineering, Shandong Jianzhu University, Jinan 250101, China)

  • Jinxin Wang

    (Engineering Audit Section of Audit Office, Shandong Normal University, Jinan 250358, China)

  • Chengwei Li

    (School of Management Engineering, Shandong Jianzhu University, Jinan 250101, China)

Abstract

Knowledge economy era is an era driven by innovation, mainly based on the input of intangible assets which plays decisive roles in the long-term development of enterprises. The product value of enterprises is largely determined by their intellectual capital. Therefore, as pillars of China’s economy, construction enterprises must strengthen their investments in intellectual capital, and to achieve competitiveness in the market, enterprises must share knowledge with the other members of their networks. This study explores the relationship among the intellectual capital, knowledge sharing, and innovation performance of construction enterprises and the mediating effect of knowledge sharing on the relationship between intellectual capital and innovation performance by using data collected from a questionnaire survey. These data are analyzed along with the aforementioned relationships by using SPSS and a structural equation model. The findings indicate that intellectual capital not only has a direct positive influence on the innovation performance of construction enterprises but also positively affects their innovation performance through knowledge sharing. This paper concludes by presenting its limitations and the implications of its findings.

Suggested Citation

  • Yongfu Li & Yu Song & Jinxin Wang & Chengwei Li, 2019. "Intellectual Capital, Knowledge Sharing, and Innovation Performance: Evidence from the Chinese Construction Industry," Sustainability, MDPI, vol. 11(9), pages 1-20, May.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:9:p:2713-:d:230738
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    2. Zezhou Wu & Mingyang Jiang & Yuzhu Cai & Hao Wang & Shenghan Li, 2019. "What Hinders the Development of Green Building? An Investigation of China," IJERPH, MDPI, vol. 16(17), pages 1-18, August.
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    4. Abeer Al-Khoury & Sahraa Anwer Hussein & Muthana Abdulwhab & Zainab M. Aljuboori & Hossam Haddad & Mostafa A. Ali & Ibtihal A. Abed & Hakeem Hammood Flayyih, 2022. "Intellectual Capital History and Trends: A Bibliometric Analysis Using Scopus Database," Sustainability, MDPI, vol. 14(18), pages 1-22, September.
    5. Qing’e Wang & Luwei Zhao & Alice Chang-Richards & Yuanyuan Zhang & Hujun Li, 2021. "Understanding the Impact of Social Capital on the Innovation Performance of Construction Enterprises: Based on the Mediating Effect of Knowledge Transfer," Sustainability, MDPI, vol. 13(9), pages 1-21, May.
    6. Jacqueline Tsz Yin Lo & Calvin Kam, 2021. "Innovation Performance Indicators for Architecture, Engineering and Construction Organization," Sustainability, MDPI, vol. 13(16), pages 1-25, August.
    7. Fieras Alfawaire & Tarik Atan, 2021. "The Effect of Strategic Human Resource and Knowledge Management on Sustainable Competitive Advantages at Jordanian Universities: The Mediating Role of Organizational Innovation," Sustainability, MDPI, vol. 13(15), pages 1-35, July.
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    10. Miloš Hitka & Alžbeta Kucharčíková & Peter Štarchoň & Žaneta Balážová & Michal Lukáč & Zdenko Stacho, 2019. "Knowledge and Human Capital as Sustainable Competitive Advantage in Human Resource Management," Sustainability, MDPI, vol. 11(18), pages 1-18, September.
    11. Dahui Zhou & Svetlana Danshina & Anastasia Kurilova & Marcin Lis, 2021. "The Impact of an Enterprise’s Intellectualization on Its Leadership Potential," Sustainability, MDPI, vol. 13(17), pages 1-19, August.
    12. Veronika Machová & Tomáš Krulický & Michaela Brožová, 2022. "Valuation of goodwill using weighted average return on assets: assessment of average transport and storage enterprise in the Czech Republic," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 10(2), pages 510-526, December.
    13. Amani Yaser Alnatsheh & Ayşe Gözde Karaatmaca & Behiye Çavuşoğlu, 2023. "Intellectual Capital and Organizational Innovation: Examining the Mediation Role of Knowledge Sharing on the Palestinian Universities during the COVID-19 Pandemic," Sustainability, MDPI, vol. 15(4), pages 1-19, February.
    14. Elena Dinu, 2022. "Exploring the effect of intellectual capital management on innovativeness in an R&D institute," Nowoczesne Systemy Zarządzania. Modern Management Systems, Military University of Technology, Faculty of Security, Logistics and Management, Institute of Organization and Management, issue 4, pages 49-66.
    15. Yuqiu Lu & Guowei Li & Zhe Luo & Muhammad Anwar & Yunju Zhang, 2021. "Does Intellectual Capital Spur Sustainable Competitive Advantage and Sustainable Growth?: A Study of Chinese and Pakistani Firms," SAGE Open, , vol. 11(1), pages 21582440219, February.
    16. Chanchai Phonthanukitithaworn & Wutthiya Aekthanate Srisathan & Chavis Ketkaew & Phaninee Naruetharadhol, 2023. "Sustainable Development towards Openness SME Innovation: Taking Advantage of Intellectual Capital, Sustainable Initiatives, and Open Innovation," Sustainability, MDPI, vol. 15(3), pages 1-24, January.
    17. Elena Širá & Roman Vavrek & Ivana Kravčáková Vozárová & Rastislav Kotulič, 2020. "Knowledge Economy Indicators and Their Impact on the Sustainable Competitiveness of the EU Countries," Sustainability, MDPI, vol. 12(10), pages 1-22, May.
    18. María Dolores García-Gallo & Félix Jiménez-Naharro & Miguel Torres-García & Susan L. Giesecke & José Guadix-Martín, 2020. "Incorporation of the Intangibles into the Spanish Start-Ups by Activity Sector and Region. Improving Their Economic Sustainability," Sustainability, MDPI, vol. 12(10), pages 1-20, May.
    19. Benny Lianto, 2023. "Identifying Key Assessment Factors for a Company’s Innovation Capability Based on Intellectual Capital: An Application of the Fuzzy Delphi Method," Sustainability, MDPI, vol. 15(7), pages 1-21, March.
    20. Nabard Othman Hama & Behiye Cavusoglu, 2023. "The Sustainability of Intellectual Capital in Enhancing Organizational Innovation: A Case Study of Sulaimani Polytechnic University," Sustainability, MDPI, vol. 15(15), pages 1-21, August.
    21. Jianjun Wang & Ning Cao & Yulu Wang & Yu Wang, 2022. "The Impact of Knowledge Power on Enterprise Breakthrough Innovation: From the Perspective of Boundary-Spanning Dual Search," Sustainability, MDPI, vol. 14(17), pages 1-19, September.
    22. Carlos M. Jardon & Xavier Martínez-Cobas, 2019. "Leadership and Organizational Culture in the Sustainability of Subsistence Small Businesses: An Intellectual Capital Based View," Sustainability, MDPI, vol. 11(12), pages 1-16, June.
    23. Ramona–Diana LEON, 2019. "The missing coordinates of the sharing economy: Intellectual capital and intergenerational learning," Smart Cities International Conference (SCIC) Proceedings, Smart-EDU Hub, vol. 7, pages 27-36, November.
    24. Lima Nasrin Eni, 2022. "Mediating Role of Knowledge Sharing in the Nexus among Human Capital, IT Capability, Transactional Leadership and Innovation Performance: Empirical Evidence from Bangladeshi Telecommunication Sector," International Journal of Science and Business, IJSAB International, vol. 9(1), pages 1-17.

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