IDEAS home Printed from https://ideas.repec.org/a/spr/jknowl/v15y2024i1d10.1007_s13132-023-01336-3.html
   My bibliography  Save this article

Leveraging Strategic Innovation and Process Capabilities for Intellectual Capital Initiative Performance of Higher Education Institutes (HEIs): A Knowledge-Based Perspective

Author

Listed:
  • Wasim ul Rehman

    (University of the Punjab, Gujranwala Campus)

  • Faryal Jalil

    (University of the Punjab)

  • Omur Saltik

    (Konya Food and Agriculture University)

  • Suleyman Degirmen

    (Konya Food and Agriculture University)

  • Mustafa Bekmezci

    (National Defense University)

Abstract

This study attempts to investigate the “dynamic IC transformation process” namely “knowledge inputs” → “processors” → “knowledge outputs” (I →P →O) model within the context of higher education institutes (HEIs) in Pakistan. In this knowledge era, HEIs are considered repositories of “knowledge” that are continuously reconfiguring and nurturing themselves with existing knowledge assets. Therefore, this study proposes a “dynamic IC transformation” (I →P →O) model to analyze the relationship between intellectual capital (IC) initiatives as “knowledge inputs” (I), “strategic innovation” and “process capabilities” as “processors” (P), and the performance of HEIs as “knowledge-outputs” (O). To test the model, we conducted a survey (questionnaire) involving 258 usable responses from teaching and non-teaching staff working in public and private HEIs in Pakistan. In this sense, we employed a parallel mediation analysis through process macro to evaluate the indirect effects of “processors” between “knowledge inputs” and “knowledge output.” The study identifies that “knowledge inputs” significantly influence the performance of HEIs in terms of “knowledge output.” However, the explanatory power of human capital as an essential element of IC initiatives is more detrimental than that of structural and relational capital initiatives. Further, results indicate that “processors,” i.e., “strategic innovation” and “process capabilities,” partially mediate the relationship between “knowledge inputs” and “knowledge output.” Thus, this study contributes to ongoing academic debates about how the “dynamic IC transformation model” works in producing “knowledge outputs” by leveraging “strategic innovation” and “process capabilities” of HEIs. Further, this study also offers fruitful implications for academicians that may turn the IC initiatives as “knowledge inputs” into the development of viable opportunities for HEIs as “entrepreneurial” or “stakeholder” universities by valuing their knowledge assets.

Suggested Citation

  • Wasim ul Rehman & Faryal Jalil & Omur Saltik & Suleyman Degirmen & Mustafa Bekmezci, 2024. "Leveraging Strategic Innovation and Process Capabilities for Intellectual Capital Initiative Performance of Higher Education Institutes (HEIs): A Knowledge-Based Perspective," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 4161-4202, March.
    • Handle: RePEc:spr:jknowl:v:15:y:2024:i:1:d:10.1007_s13132-023-01336-3
    DOI: 10.1007/s13132-023-01336-3
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s13132-023-01336-3
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s13132-023-01336-3?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Abd-Elrahman Hassanein Abd-Elrahman & Jaber Mohamed Ahmed Kamal, 2020. "Relational capital, service quality and organizational performance in the Egyptian telecommunication sector," International Journal of Emerging Markets, Emerald Group Publishing Limited, vol. 17(1), pages 299-324, September.
    2. Etzkowitz, Henry & Leydesdorff, Loet, 2000. "The dynamics of innovation: from National Systems and "Mode 2" to a Triple Helix of university-industry-government relations," Research Policy, Elsevier, vol. 29(2), pages 109-123, February.
    3. Hung-Yi Wu & Jui-Kuei Chen & I-Shuo Chen, 2012. "Ways to promote valuable innovation: intellectual capital assessment for higher education system," Quality & Quantity: International Journal of Methodology, Springer, vol. 46(5), pages 1377-1391, August.
    4. Munjal, Surender & Andersson, Ulf & Pereira, Vijay & Budhwar, Pawan, 2021. "Exploring reverse knowledge transfer and asset augmentation strategy by developed country MNEs: Case study evidence from the Indian pharmaceutical industry," International Business Review, Elsevier, vol. 30(6).
    5. Messeni Petruzzelli, Antonio & Ardito, Lorenzo & Savino, Tommaso, 2018. "Maturity of knowledge inputs and innovation value: The moderating effect of firm age and size," Journal of Business Research, Elsevier, vol. 86(C), pages 190-201.
    6. Lee Cronbach, 1951. "Coefficient alpha and the internal structure of tests," Psychometrika, Springer;The Psychometric Society, vol. 16(3), pages 297-334, September.
    7. Lu, Wen-Min, 2012. "Intellectual capital and university performance in Taiwan," Economic Modelling, Elsevier, vol. 29(4), pages 1081-1089.
    8. Johan Roos & Göran Roos & Nicola Carlo Dragonetti & Leif Edvinsson, 1997. "Developing an Intellectual Capital System: the Process Model," Palgrave Macmillan Books, in: Intellectual Capital, chapter 3, pages 59-77, Palgrave Macmillan.
    9. Farzaneh, Mandana & Wilden, Ralf & Afshari, Leila & Mehralian, Gholamhossein, 2022. "Dynamic capabilities and innovation ambidexterity: The roles of intellectual capital and innovation orientation," Journal of Business Research, Elsevier, vol. 148(C), pages 47-59.
    10. Alberto Ferraris & Gabriele Santoro & Anna Claudia Pellicelli, 2020. "“Openness” of public governments in smart cities: removing the barriers for innovation and entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 16(4), pages 1259-1280, December.
    11. Nick Bontis & Mary M. Crossan & John Hulland, 2002. "Managing An Organizational Learning System By Aligning Stocks and Flows," Journal of Management Studies, Wiley Blackwell, vol. 39(4), pages 437-469, June.
    12. Johan Roos & Göran Roos & Nicola Carlo Dragonetti & Leif Edvinsson, 1997. "Intellectual Capital," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-14494-5, October.
    13. Yuzhuo Cai & Cui Liu, 2015. "The roles of universities in fostering knowledge-intensive clusters in Chinese regional innovation systems," Science and Public Policy, Oxford University Press, vol. 42(1), pages 15-29.
    14. Noriko Yoda & Kenichi Kuwashima, 2020. "Triple Helix of University–Industry–Government Relations in Japan: Transitions of Collaborations and Interactions," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(3), pages 1120-1144, September.
    15. Natalia Aversano & Giuseppe Nicolò & Giuseppe Sannino & Paolo Tartaglia Polcini, 2020. "The Integrated Plan in Italian public universities: new patterns in intellectual capital disclosure," Meditari Accountancy Research, Emerald Group Publishing Limited, vol. 28(4), pages 655-679, March.
    16. Banjo Roxas & Martina Battisti & David Deakins, 2014. "Learning, innovation and firm performance: knowledge management in small firms," Knowledge Management Research & Practice, Taylor & Francis Journals, vol. 12(4), pages 443-453, November.
    17. Wenbo Jiang & Francesco Rosati & Huaqi Chai & Taiwen Feng, 2020. "Market orientation practices enhancing corporate environmental performance via knowledge creation: Does environmental management system implementation matter?," Business Strategy and the Environment, Wiley Blackwell, vol. 29(5), pages 1899-1924, July.
    18. Wasim ul Rehman & Suleyman Degirmen & Fareeha Waseem, 2022. "Propensity for and Quality of Intellectual Capital Divulgence Across the BRICS Banking Sector: A Knowledge-Based Perspective from Emerging Economies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 1028-1055, June.
    19. Alexis Catanzaro & Karim Messeghem & Sylvie Sammut, 2019. "Effectiveness of Export Support Programs: Impact on the Relational Capital and International Performance of Early Internationalizing Small Businesses," Journal of Small Business Management, Taylor & Francis Journals, vol. 57(S2), pages 436-461, November.
    20. Chatterji, Niti & Kiran, Ravi, 2017. "Role of human and relational capital of universities as underpinnings of a knowledge economy: A structural modelling perspective from north Indian universities," International Journal of Educational Development, Elsevier, vol. 56(C), pages 52-61.
    21. Claudimar Pereira da Veiga & Cassia Rita Pereira da Veiga & Mônica Maier Giacomini & Heitor Takashi Kato & Jansen Maia Del Corso, 2015. "Evolution of Capabilities in the Discovery Cycle of an Innovation in the Pharmaceutical Market," International Review of Management and Marketing, Econjournals, vol. 5(3), pages 141-153.
    22. David J. Teece, 2007. "Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance," Strategic Management Journal, Wiley Blackwell, vol. 28(13), pages 1319-1350, December.
    23. Albert N. Link & Christopher J. Ruhm, 2013. "Public knowledge, private knowledge: the intellectual capital of entrepreneurs," Chapters, in: Public Support of Innovation in Entrepreneurial Firms, chapter 7, pages 113-126, Edward Elgar Publishing.
    24. Paula – Angela VIDRASCU, 2016. "Intellectual Capital, An Intangible Item Not Reflected In The Financial Statements Of The Organizational Structure," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 42(1), pages 169-177, June.
    25. Leire Alcaniz & Fernando Gomez-Bezares & Robin Roslender, 2011. "Theoretical perspectives on intellectual capital: A backward look and a proposal for going forward," Accounting Forum, Taylor & Francis Journals, vol. 35(2), pages 104-117, June.
    26. Miles, Sandra Jeanquart & Van Clieaf, Mark, 2017. "Strategic fit: Key to growing enterprise value through organizational capital," Business Horizons, Elsevier, vol. 60(1), pages 55-65.
    27. Sarstedt, Marko & Ringle, Christian M. & Smith, Donna & Reams, Russell & Hair, Joseph F., 2014. "Partial least squares structural equation modeling (PLS-SEM): A useful tool for family business researchers," Journal of Family Business Strategy, Elsevier, vol. 5(1), pages 105-115.
    28. Aino Kianto, 2007. "What do we really mean by the dynamic dimension of intellectual capital?," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 4(4), pages 342-356.
    29. Zuzana Smidova, 2019. "Educational outcomes: A literature review of policy drivers from a macroeconomic perspective," OECD Economics Department Working Papers 1577, OECD Publishing.
    30. Armstrong, J. Scott & Overton, Terry S., 1977. "Estimating Nonresponse Bias in Mail Surveys," MPRA Paper 81694, University Library of Munich, Germany.
    31. Yayla, Serdar & Yeniyurt, Sengun & Uslay, Can & Cavusgil, Erin, 2018. "The role of market orientation, relational capital, and internationalization speed in foreign market exit and re-entry decisions under turbulent conditions," International Business Review, Elsevier, vol. 27(6), pages 1105-1115.
    32. So‐jin Yoo & Olukemi Sawyerr & Wee‐liang Tan, 2016. "The Mediating Effect of Absorptive Capacity and Relational Capital in Alliance Learning of SMEs," Journal of Small Business Management, Taylor & Francis Journals, vol. 54(S1), pages 234-255, October.
    33. Karl-Heinz Leitner, 2004. "Intellectual capital reporting for universities: conceptual background and application for Austrian universities," Research Evaluation, Oxford University Press, vol. 13(2), pages 129-140, August.
    34. Arun Kumar A & Shekhar V, 2020. "SCL of Knowledge in Indian Universities," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(3), pages 1043-1058, September.
    35. Nadia Zahoor & Ali Meftah Gerged, 2021. "Relational capital, environmental knowledge integration, and environmental performance of small and medium enterprises in emerging markets," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 3789-3803, December.
    36. Victor Bucheli & Adriana Díaz & Juan Pablo Calderón & Pablo Lemoine & Juan Alejandro Valdivia & José Luis Villaveces & Roberto Zarama, 2012. "Growth of scientific production in Colombian universities: an intellectual capital-based approach," Scientometrics, Springer;Akadémiai Kiadó, vol. 91(2), pages 369-382, May.
    37. Barrena-Martínez, Jesús & Cricelli, Livio & Ferrándiz, Esther & Greco, Marco & Grimaldi, Michele, 2020. "Joint forces: Towards an integration of intellectual capital theory and the open innovation paradigm," Journal of Business Research, Elsevier, vol. 112(C), pages 261-270.
    38. Glenda Kruss & Mariette Visser, 2017. "Putting university–industry interaction into perspective: a differentiated view from inside South African universities," The Journal of Technology Transfer, Springer, vol. 42(4), pages 884-908, August.
    39. Giuseppe Nicolo’ & Francesca Manes-Rossi & Johan Christiaens & Natalia Aversano, 2020. "Accountability through intellectual capital disclosure in Italian Universities," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 24(4), pages 1055-1087, December.
    40. Alcaniz, Leire & Gomez-Bezares, Fernando & Roslender, Robin, 2011. "Theoretical perspectives on intellectual capital: A backward look and a proposal for going forward," Accounting forum, Elsevier, vol. 35(2), pages 104-117.
    41. Ibsen Chivatá Cárdenas & Saad S.H. Al‐jibouri & Johannes I.M. Halman & Frits A. van Tol, 2013. "Capturing and Integrating Knowledge for Managing Risks in Tunnel Works," Risk Analysis, John Wiley & Sons, vol. 33(1), pages 92-108, January.
    42. Constance E. Helfat & Margaret A. Peteraf, 2015. "Managerial cognitive capabilities and the microfoundations of dynamic capabilities," Strategic Management Journal, Wiley Blackwell, vol. 36(6), pages 831-850, June.
    43. Lovemore Chikazhe & Charles Makanyeza & Blessing Chigunhah, 2021. "Understanding mediators and moderators of the effect of customer satisfaction on loyalty," Cogent Business & Management, Taylor & Francis Journals, vol. 8(1), pages 1922127-192, January.
    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. Nadia Zahoor & Yong Kyu Lew, 2022. "Sustaining superior international performance: Strategic orientations and dynamic capability of environmentally concerned small‐ and medium‐sized enterprises," Business Strategy and the Environment, Wiley Blackwell, vol. 31(3), pages 1002-1017, March.
    2. Rocco Frondizi & Chiara Fantauzzi & Nathalie Colasanti & Gloria Fiorani, 2019. "The Evaluation of Universities’ Third Mission and Intellectual Capital: Theoretical Analysis and Application to Italy," Sustainability, MDPI, vol. 11(12), pages 1-23, June.
    3. Yoon, Junghyun & Lee, Hee Yong & Dinwoodie, John, 2015. "Competitiveness of container terminal operating companies in South Korea and the industry–university–government network," Transportation Research Part A: Policy and Practice, Elsevier, vol. 80(C), pages 1-14.
    4. Xue, Jinjie & Liu, Junqi & Geng, Zizhen & Yuan, Hongping & Chao, Lei, 2023. "Why and when do paradoxical management capabilities matter to paradoxical pressure? An empirical investigation of the role of coopetition," Technovation, Elsevier, vol. 120(C).
    5. Julia Eichholz & Nicole Hoffmann & Anja Schwering, 2024. "The role of risk management orientation and the planning function of budgeting in enhancing organizational resilience and its effect on competitive advantages during times of crises," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 35(1), pages 17-58, March.
    6. Wilder Quintero-Quintero & Ana Beatriz Blanco-Ariza & Manuel Alfonso Garzón-Castrillón, 2021. "Intellectual Capital: A Review and Bibliometric Analysis," Publications, MDPI, vol. 9(4), pages 1-23, October.
    7. Li, Yang & Chen, Meng & Cai, Zhao & Liu, Hefu, 2023. "Online-offline channel integration and innovation ambidexterity: Roles of top management team and environmental dynamism," Journal of Business Research, Elsevier, vol. 160(C).
    8. Changwei Pang & Qiong Wang, 2024. "How Digital Transformation Promotes Disruptive Innovation? Evidence from Chinese Entrepreneurial Firms," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 7788-7818, June.
    9. Giuseppe Marzo, 2013. "Some Unintended Consequences of Metaphors: The Case of Capital in Intellectual Capital Research," FINANCIAL REPORTING, FrancoAngeli Editore, vol. 2013(3-4), pages 111-140.
    10. Sullivan, Yulia & Fosso Wamba, Samuel, 2024. "Artificial intelligence and adaptive response to market changes: A strategy to enhance firm performance and innovation," Journal of Business Research, Elsevier, vol. 174(C).
    11. Gupta, Shivam & Modgil, Sachin & Choi, Tsan-Ming & Kumar, Ajay & Antony, Jiju, 2023. "Influences of artificial intelligence and blockchain technology on financial resilience of supply chains," International Journal of Production Economics, Elsevier, vol. 261(C).
    12. Helge Svare & Anne Haugen Gausdal, 2017. "Dynamic capabilities and network benefits," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 13(1), pages 117-146.
    13. Stefania Veltri & Giovanni Bronzetti, 2015. "A Critical Analysis of the Intellectual Capital Measuring, Managing, and Reporting Practices in the Non-profit Sector: Lessons Learnt from a Case Study," Journal of Business Ethics, Springer, vol. 131(2), pages 305-318, October.
    14. Ur Rehman, Mujeeb & Ahmed, Khalid & Qazi, Ahmer Qasim, 2014. "A study of causality between disintegrated intellectual capital and firm performance," Sukkur IBA Journal of Management and Business, Sukkur IBA University, vol. 1(1), pages 1-19, October.
    15. César Camisón-Zornoza & Beatriz Forés-Julián & Alba Puig-Denia & Sergio Camisón-Haba, 0. "Effects of ownership structure and corporate and family governance on dynamic capabilities in family firms," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-34.
    16. Ismael Barros-Contreras & Héctor Pérez-Fernández & Natalia Martín-Cruz & Juan Hernangómez B., 2023. "Can we make family social capital flourish? The moderating role of generational involvement," Journal of Family and Economic Issues, Springer, vol. 44(3), pages 655-673, September.
    17. César Camisón-Zornoza & Beatriz Forés-Julián & Alba Puig-Denia & Sergio Camisón-Haba, 2020. "Effects of ownership structure and corporate and family governance on dynamic capabilities in family firms," International Entrepreneurship and Management Journal, Springer, vol. 16(4), pages 1393-1426, December.
    18. Noriko Yoda & Kenichi Kuwashima, 2024. "Regional Innovation Led by the Fourth Helix: a Case of Sake Development," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 13470-13485, September.
    19. Edgar R. Ramírez-Solis & Joan Llonch-Andreu & Alberto D. Malpica-Romero, 2022. "Relational capital and strategic orientations as antecedents of innovation: evidence from Mexican SMEs," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-19, December.
    20. Ferraris, Alberto & Degbey, William Y. & Singh, Sanjay Kumar & Bresciani, Stefano & Castellano, Sylvaine & Fiano, Fabio & Couturier, Jerome, 2022. "Microfoundations of Strategic Agility in Emerging Markets: Empirical Evidence of Italian MNEs in India," Journal of World Business, Elsevier, vol. 57(2).

    More about this item

    Keywords

    Strategic innovation; Process capabilities; Intellectual capital initiatives; Performance of higher education institutes;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

    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:spr:jknowl:v:15:y:2024:i:1:d:10.1007_s13132-023-01336-3. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.