智力资本价值链与企业智力资本管理

智力资本对企业价值的贡献可以通过价值链反映出来，智力资本价值链包括从智力资本存量积累到智力资本有效管理的全过程。基于价值链的智力资本管理能够帮助企业更好地利用智力资本创造价值，也对企业的管理实践具有重要意义。     

基于未确知测度的智力资本绩效评价研究

高技术企业智力资本的绩效决定了该企业智力资本是否具有竞争力,智力资本的绩效评价对于智力资本管理具有非常重要的意义。针对目前国内研究对智力资本对企业绩效影响的定量研究相对缺乏的问题,本文建立了智力资本对企业绩效影响的未确知测度模型,将定性指标与定量指标结合起来评价智力资本绩效,同时,该模型考虑到评价空间的有序性和信息不确定性,给出了合理的置信度准则和排序的评分准则,使评价结果更加合理、分辨率更高。     

产权、人力资本与高新技术企业治理结构

近年来我国高新技术企业规模发展迅速,但存在核心技术人员流失率高与技术创新能力低等问题。文章立足于相对比较完善的传统企业治理结构理论,通过研究传统企业与高新技术企业在产权和人力资本方面的主要差异,分析高新技术企业出现诸多治理问题的原因,指出了高新技术企业应建立区别于传统企业的有效的治理结构。     

Exploring the role of human capital,renewal capital and entrepreneurial capital in innovation performance in high-tech and low-tech firms

According to past research, intellectual capital (IC) is a key driver of innovation performance and subsequent competitive advantage. Given the human nature of innovation activities (i.e. human beings produce innovations), human capital (HC) deserves special attention. Although researchers in the past have analysed the HC–innovation linkage, we still do not have a detailed understanding of how specific human capabilities affect innovation. Furthermore, the technology level of the firm could generate major differences in the HC–innovation relationship as it influences both the type of knowledge prevalent within the company and the radicalness of the innovations developed. Nevertheless, former literature has largely omitted technology level when studying the IC–innovation linkage. To fill this research gap, this study examines the role of human attributes, including knowledge, skills and motivation (i.e. traditional HC), learning capability (i.e. renewal capital) and entrepreneurial attitude (i.e. entrepreneurial capital) on innovation in high-tech versus low-tech companies. To that end, survey data from 180 Spanish companies were analysed by means of structural equation modelling based on partial least squares. The results obtained confirm that the influence of HC, renewal capital and entrepreneurial capital on innovation differs depending on the technology level.     

引导基金能引导创投机构投向早期和高科技企业吗?——基于双重差分模型的实证评估

引导创投资本投向早期企业和高科技企业是出台政府引导基金政策的重要目标之一。文章从创投机构层面评估政府引导基金对创投资本投向的引导作用。首先通过CVSource数据库确定管理政府引导基金的创投机构,然后从没有管理政府引导基金的创投机构中选取匹配样本,最后运用双重差分模型检验这两类创投机构投资的差异。研究发现:(1)政府引导基金能引导非国有背景的创投机构投向早期企业,但不能引导国有背景的创投机构投向早期企业;(2)政府引导基金既不能引导非国有背景的创投机构投向高科技企业,也不能引导国有背景的创投机构投向高科技企业。由此可知,政府引导基金政策只对部分创投机构起到了引导作用。     

浙江省家族企业引进外资的策略研究

随着中国市场经济体系的不断完善,中国的家族企业迎来了大的发展时机,但也面临着严峻的挑战,其中较突出的问题就是家族企业的融资问题。资金问题成为家族企业可持续化发展的一个重要制约因素,引进外资日渐成为家族企业融资的重要手段之一。本文以浙江省家族企业为调查对象,对浙江省家族企业利用外资现状、制约因素等进行了研究,对家族企业引进外资提出了相应的对策与建议。     

Government,venture capital and the growth of European high-tech entrepreneurial firms

Using a new European Union-sponsored firm-level longitudinal dataset, we assess the impact of government-managed (GVC) and independent venture capital (IVC) funds on the sales and employee growth of European high-tech entrepreneurial firms. Our results show that the main statistically robust and economically relevant positive effect is exerted by IVC investors on firm sales growth. Conversely, the impact of GVC alone appears to be negligible. We also find a positive and statistically significant impact of syndicated investments by both types of investors on firm sales growth, but only when led by IVC investors. Our results remain stable after controlling for endogeneity, survivorship bias, reverse causality, anticipation effects, legal and institutional differences across countries and over time and are stable with respect to potential non-linear effects of age and size of entrepreneurial firms. Overall, our analysis casts doubt on the ability of governments to support high-tech entrepreneurial firms through a direct and active involvement in VC markets.     

家族代际差异与企业创新投资决策的关系研究

家族控制这种主流的民营企业治理形式到底会促进还是会抑制企业创新,一直是重要且存在争议的话题。本文从意愿、能力和资源三个维度出发,聚焦于家族企业代际差异,以2008-2017年我国上市家族企业数据为样本,进行定量的实证分析。研究结果表明：家族企业创业代所有权程度越高,企业创新投资强度越低;守业代所有权程度越高,企业创新投资强度越高;知识性资源负向调节创业代所有权程度与企业创新投资强度的关系,正向调节守业代所有权程度与企业创新投资强度的关系。研究结论为探讨家族企业创新投资提供了新思路,也对当下面临代际传承问题的家族企业制定创新投资战略提供了启发。     

家族代际差异与企业创新投资决策的关系研究

家族控制这种主流的民营企业治理形式到底会促进还是会抑制企业创新，一直是重要且存在争议的话题。本文从意愿、能力和资源三个维度出发，聚焦于家族企业代际差异，以2008-2017年我国上市家族企业数据为样本，进行定量的实证分析。研究结果表明：家族企业创业代所有权程度越高，企业创新投资强度越低；守业代所有权程度越高，企业创新投资强度越高；知识性资源负向调节创业代所有权程度与企业创新投资强度的关系，正向调节守业代所有权程度与企业创新投资强度的关系。研究结论为探讨家族企业创新投资提供了新思路，也对当下面临代际传承问题的家族企业制定创新投资战略提供了启发。     

Intellectual capital management in practice: assessment of implementation and outcomes

In recent decades, a huge variety of models for managing intellectual capital (IC) have been generated. However, understanding how IC management (ICM) models operate in practice and the issues that may be encountered when they are implemented remain a challenging issue. This is because there seems to be a significant gap between the enthusiastic development of ICM models in theory and the application of these models in companies. Therefore, more practically grounded research needs to be carried out. Reporting on action research projects and an interview study, this paper enriches the existing theoretical and framework-oriented IC literature by examining empirically the implementation of ICM projects and their outcomes in six Finnish companies. The findings of the paper include the challenges and success factors affecting the development of ICM projects, likewise the related outcomes and benefits. This provides useful insights for applying ICM to practice.     

Intellectual capital and the firm: some remaining questions and prospects

From the publication of seminal works in the 1990s until now, a great deal of theoretical proposals and empirical evidence has been published on intellectual capital (IC) and the firm. Nevertheless, several problems remain as important impediments to the advancement and consolidation of an ‘Intellectual Capital-based View of the Firm’. Most of these issues have to do with the conceptualization and typology of IC, its measurement, and the limitations of the most common statistical methods. This article highlights the most important of these issues as well as some possible directions for future development.     

Intellectual capital of nations: a comparative analysis of assessment models

Although intellectual capital (IC) is the most important factor determining the economic growth, the literature on country-level IC is not quite enough, and more advances are required to improve the assistance to policy makers in the knowledge era. There are different approaches to measuring and managing intangibles, which opens research opportunities and offers new tools to manage IC. This paper contributes to identify, select, and classify models to evaluate and manage intangibles at the country level. The models were identified through a systematic literature review. They were analyzed and compared using cluster analysis. The results show that the models can be grouped into two main categories according to origin and structure. Despite the differences among the models, the reports tend to converge, because of which the decision about which model to choose can be based on pragmatic issues, such as availability of data, previous knowledge, and complexity of reports.     

“家文化”与家族企业创新投入的关系研究

近几年,有不少学者发现一个令人困惑的现象,虽然家族企业具有创新的能力,但是在创新投入方面却普遍弱于非家族企业。本文认为造成这种现象的根源在于"家文化"的影响。企业的"家文化"引入形成了家族企业区别于非家族企业的若干特点,企业的家族涉入,家长的绝对权威,原始产权不明晰,家族目标与企业的经济目标不兼容等。对这些特点的进一步分析显示,与非家族企业不同之处在于,家族企业体现的是一种"家族理性"而非主流经济学认为的"个体理性",追求的是以家族利益、家族情感至上的多元化目标,这种目标定位上的差异导致家族企业没有足够重视企业的创新活动。最后,从处理好规章制度与血缘的关系,协调家族企业的非经济、经济目标,形成开放的企业文化等方面提出建议。     

Adopting internet of things for manufacturing firms business model development

The Internet of Things (IoT) has sparked a revolution in the manufacturing sector, providing numerous advantages to companies that adopt it. Using IoT, factories can boost productivity, cut expenses, and develop a more sustainable business model. The rise of digital networking and real-time communication are compelling manufacturers to adopt cutting-edge technologies in order to compete in today's fast-paced, international marketplace. The Internet of Things (IoT) to facilitate the virtualization of manufacturing processes and the gathering of real-time data to guarantee seamless supply chain operations. There has been abductive qualitative research done. Case studies of the heavy-duty vehicle sector provided empirical data, while a review of the relevant literature provided the theoretical underpinnings. Information system issues and people and structure issues were cited as barriers to analytics adoption. In this study works on challenges and security of manufacturing. Finally, suitable themes for analysis have been derived using a thematic analysis. The results show that manufacturing firms can benefit from analytics solutions for production activities even if they are not highly automated or complicated. The Internet of Things (IoT) offers numerous opportunities for growth in the business models of manufacturing companies. Businesses can boost efficiency, cut expenses, and develop a more robust business model by implementing IoT. Successfully integrating IoT, however, calls for meticulous preparation and execution.     

The entropic intellectual capital model

The purpose of this paper is to develop a strategic perspective of the organisational intellectual capital through a shift from the static, dynamic, and evolving intellectual capital paradigms to a strategic intellectual capital paradigm. We introduce the entropic intellectual capital model based on a new conceptual framework. The main features of this new model are: intellectual capital is a result of the dynamics of the cognitive, emotional, and spiritual knowledge fields; intellectual capital potential can be transformed into operational intellectual capital through the work of integrators; dynamic capabilities contribute to the renewal of the potential intellectual capital through innovation and learning; and leadership vision is the entropic driving force of strategy elaboration and implementation.     

企业知识转移的情境分析模型

企业知识的发展与转移依赖于企业特定的情境，本文从文化、战略、组织结构和过程、环境、技术和运营等五方面来构建知识的情境维度，分析情境与企业知识转移的互动关系，提出企业知识转移的情境模型和相应的二种情境模式，并进行相关的案例研究。     

Intellectual capital and new ventures: the entrepreneur's cognizance of company management

The purpose of this research is to analyse the intellectual capital gauges most often utilized by entrepreneurs in the management of new ventures and to relate the use of these gauges to business performance. On the basis of interview data collected from 103 entrepreneurs, we provide evidence that the use of such measuring techniques impacts positively on overall business performance. Moreover, the results indicate that those entrepreneurs utilizing some form of intellectual capital (IC) measurement have superior results. Consequently, we highlight the importance of detecting, measuring and utilizing IC for new ventures stressing the potential benefits that such analysis can have on the initial steps taken by an entrepreneur in venture formation and business development.     

Knowledge asset similarity and business relational capital gains: evidence from European manufacturing firms

This paper leverages the concept of absorptive capacity to explore whether similar configurations of intellectual capital (IC) are associated with the performance of relational capital in firms. It proposes a novel implementation of graph theory to analyse similarities in knowledge assets. We use Community Innovation Survey data to examine 5813 manufacturing firms in 13 business sectors and 13 European countries. While firms rely on external relations to compensate for a lack of internal assets, we find that a company’s propensity to cooperate in innovation is associated with its own IC profile. In particular, firms with common knowledge assets are more likely to benefit from business relational capital. The main contribution of this study lies in a holistic approach to understanding how similarities in knowledge assets are linked to gains in business relational capital.     

Using weighted k-means to identify Chinese leading venture capital firms incorporating with centrality measures

Although identifying leading venture capital firms (VCs) is a meaningful challenge in the analysis of the Chinese investment market, this research topic is rarely mentioned in the relevant literature. Given the co-investment network of VCs, identifying leading VCs is equal to determine influential nodes in the field of complex network analysis. As there are some disadvantages and limitations of using single centrality measures and the multiple criteria decision analysis (MCDA) method to identify leading VCs, this paper incorporates with several different centrality measures of co-investment network of VCs, and then proposes a new approach based on the weighted k-means to rank VCs at both group and individual levels and identify the leading VCs. The proposed approach not only shows alternative groupings based on multiple evaluation criteria, but also ranks them according to their comprehensive score which is the weighted sum of these criteria. Empirical analysis shows the efficiency and practicability of the proposed approach to identify leading Chinese VCs.     

基于过程的知识资本管理模式研究

本文首先分析国内外基于不同学科背景的知识资本管理模式及其存在的局限性;其次,基于知识资本理论、质量管理理论、过程管理理论,提出了知识资本存在于企业就如同质量存在于企业,知识资本管理就如同质量管理,是动态过程管理假设;第三,基于上述假设,构建包括知识资本创造、固化、评估以及知识资产价值实现四个关键子过程的知识资本过程管理模式,以期为我国企业实施知识资本管理描绘一幅线路图;最后,以江苏省电力设计院为例,分析上述管理模式的实际应用状况。