企业文化、智力资本和企业绩效的关系——以高科技企业为例

Corporate Culture,Intellectual Capital and Corporate Performance——Evidence from High-tech Enterprises

在知识经济时代,智力资本作为战略资源成为企业创造价值和获得持续竞争优势的源泉。建立以智力资本为核心的研究框架,探讨企业文化、智力资本和企业绩效之间的关系。以高科技企业为实证研究对象,结果显示:智力资本的三要素之间相互关联,人力资本处于智力资本的核心,对结构资本和关系资本有正向影响;不同文化对企业智力资本要素影响具有差异性,宗族文化和活力市场文化对企业人力资本、结构资本以及关系都有正向影响,层级文化对结构资本具有正向影响;人力资本、结构资本和关系资本分别对企业财务绩效和成长绩效有正面影响,人力资本处于智力资本的中心环节,不但能对企业的绩效产生正面的影响,还通过加强企业的结构资本和关系资本间接对企业绩效产生正面影响。最后,为提升高科技企业的智力资本管理提出了相关建议。

In the era of knowledge economy,intellectual capital becomes a dominant source of value creation and sustainable competitive advantages.We establish an intellectual-capital-oriented framework to analyze the relationships among corporate culture,intellectual capital and corporate performance.Hightech enterprises are selected for the empirical study.We find that human capital,as the core factor of intellectual capital,has positive influence on the other two factors of intellectual capital.Different culture has different effects on the components of intellectual capital.Both clan culture and flex-market culture have significantly positive influences on human capital,structural capital,as well as relational capital.Hierarchy culture shows positive influence on structural capital.Human capital,structural capital,and relational capital all have significantly positive influences on both financial performance and development performance.Moreover,human capital,as the core of intellectual capital,not only influences corporateperformance directly,but also positively on corporate performance through enhanced structural capital and relational capital.Managerial insights are proposed to Chinese high-tech enterprises for the development of intellectual capital.