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Do best and worst innovative companies differ in terms of intellectual capital, knowledge and radicalness?

Author

Listed:
  • Carmen Cabello Medina

    (Department of Business Administration, Universidad Pablo de Olavide)

  • Antonio Carmona Lavado

    (Department of Business Administration, Universidad Pablo de Olavide)

  • Gloria Cuevas Rodríguez

    (Department of Business Administration, Universidad Pablo de Olavide)

  • Ana Pérez-Luño

    (Department of Business Administration, Universidad Pablo de Olavide)

Abstract

This paper differentiates “best innovative companies” from “worst innovative companies” and it takes into account three separate bodies of literature— intellectual capital, knowledge-based view, and innovation literatures. Based on a sample of 181 firms which belong to manufacturing and services industries, our findings show that best innovative performers companies (considering both financial and non-financial dimensions of innovation success) present systematically higher scores for all dimensions of intellectual capital: human, organizational and social capital) than worst innovation performers. Knowledge exchange and combination seems to be characteristic of most successful innovators, but no differences in systemic, tacit, complex and not observable knowledge have been found for these companies. Finally, regarding radicalness, firms with more innovation success provide new products or services that incorporates a new technology and new customer benefits (uniqueness), while firms with less innovation success laughs new products or services which are unfamiliar or difficult to understand by customers.

Suggested Citation

  • Carmen Cabello Medina & Antonio Carmona Lavado & Gloria Cuevas Rodríguez & Ana Pérez-Luño, 2011. "Do best and worst innovative companies differ in terms of intellectual capital, knowledge and radicalness?," Working Papers 11.01, Universidad Pablo de Olavide, Department of Business Administration.
  • Handle: RePEc:pab:wpbsad:11.01
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    File URL: http://www.upo.es/serv/bib/wpbsad/bsad1101.pdf
    File Function: First version, 2011
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    Cited by:

    1. Marie KUBANKOVA & Miroslav HAJEK & Alena VOTAVOVA, 2016. "Environmental and social value of agriculture innovation," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 62(3), pages 101-112.
    2. Elena DINU, 2022. "Exploring the Effect of Intellectual Capital Management on Innovativeness in a R&D Institute," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 10(3), pages 225-238, September.
    3. 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.
    4. Tüzin Baycan & Özge Öner, 2023. "The dark side of social capital: a contextual perspective," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 70(3), pages 779-798, June.
    5. Emilio Domínguez-Escrig & Francisco Fermín Mallén-Broch & Rafael Lapiedra-Alcamí & Ricardo Chiva-Gómez, 2019. "The Influence of Leaders’ Stewardship Behavior on Innovation Success: The Mediating Effect of Radical Innovation," Journal of Business Ethics, Springer, vol. 159(3), pages 849-862, October.

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