A study on corporate culture, intellectual capital and corporate performance

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. High-tech 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 cultures 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 corporate performance 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. © 2016, UK Simulation Society. All rights reserved.