Does investing in intellectual capital improve productivity? Panel evidence from commercial banks in India
In this current knowledge-based economy, firms' productivity and competitive advantage are no longer based on physical and financial assets but on intangible assets. This has compelled knowledge-intensive firms to look for a more reliable source for higher productivity and competitive advantage...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2019-09-01
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| Series: | Borsa Istanbul Review |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S221484501830214X |
| _version_ | 1797991935348047872 |
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| author | Godfred Kesse Oppong J.K. Pattanayak |
| author_facet | Godfred Kesse Oppong J.K. Pattanayak |
| author_sort | Godfred Kesse Oppong |
| collection | DOAJ |
| description | In this current knowledge-based economy, firms' productivity and competitive advantage are no longer based on physical and financial assets but on intangible assets. This has compelled knowledge-intensive firms to look for a more reliable source for higher productivity and competitive advantage by focusing on their intellectual capital, which cannot be easily imitated. As banks are classified as knowledge intensive, this study examines investment in intellectual capital by banks and examines how it has improved bank productivity measured in terms of asset turnover (ATO) and employee productivity (EP). Using a panel of 73 commercial banks in India for a 12-year period (2006–2017), the study found that some components of intellectual capital improves productivity, and others do not. |
| first_indexed | 2024-04-11T09:00:07Z |
| format | Article |
| id | doaj.art-00002f003e4340d1a5486038b19331a8 |
| institution | Directory Open Access Journal |
| issn | 2214-8450 |
| language | English |
| last_indexed | 2024-04-11T09:00:07Z |
| publishDate | 2019-09-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Borsa Istanbul Review |
| spelling | doaj.art-00002f003e4340d1a5486038b19331a82022-12-22T04:32:48ZengElsevierBorsa Istanbul Review2214-84502019-09-01193219227Does investing in intellectual capital improve productivity? Panel evidence from commercial banks in IndiaGodfred Kesse Oppong0J.K. Pattanayak1Department of Management Studies, Indian Institute of Technology(IIT-ISM),Dhanbad, Dhanbad, 826004, Jharkhand, India; Corresponding author.Department of Management Studies, Indian Institute of Technology(IIT-ISM),Dhanbad, Dhanbad, 826004, Jharkhand, IndiaIn this current knowledge-based economy, firms' productivity and competitive advantage are no longer based on physical and financial assets but on intangible assets. This has compelled knowledge-intensive firms to look for a more reliable source for higher productivity and competitive advantage by focusing on their intellectual capital, which cannot be easily imitated. As banks are classified as knowledge intensive, this study examines investment in intellectual capital by banks and examines how it has improved bank productivity measured in terms of asset turnover (ATO) and employee productivity (EP). Using a panel of 73 commercial banks in India for a 12-year period (2006–2017), the study found that some components of intellectual capital improves productivity, and others do not.http://www.sciencedirect.com/science/article/pii/S221484501830214X |
| spellingShingle | Godfred Kesse Oppong J.K. Pattanayak Does investing in intellectual capital improve productivity? Panel evidence from commercial banks in India Borsa Istanbul Review |
| title | Does investing in intellectual capital improve productivity? Panel evidence from commercial banks in India |
| title_full | Does investing in intellectual capital improve productivity? Panel evidence from commercial banks in India |
| title_fullStr | Does investing in intellectual capital improve productivity? Panel evidence from commercial banks in India |
| title_full_unstemmed | Does investing in intellectual capital improve productivity? Panel evidence from commercial banks in India |
| title_short | Does investing in intellectual capital improve productivity? Panel evidence from commercial banks in India |
| title_sort | does investing in intellectual capital improve productivity panel evidence from commercial banks in india |
| url | http://www.sciencedirect.com/science/article/pii/S221484501830214X |
| work_keys_str_mv | AT godfredkesseoppong doesinvestinginintellectualcapitalimproveproductivitypanelevidencefromcommercialbanksinindia AT jkpattanayak doesinvestinginintellectualcapitalimproveproductivitypanelevidencefromcommercialbanksinindia |