Unleashing frugal innovation in private higher education institutions via intellectual capital and Information technology capability: a systematic literature review [version 2; peer review: 2 approved]
Background: Given the persistent challenges to the higher education business model, private higher education institutions (PHEIs) are exploring myriad ways to increase enrolment and income, while aggressively managing spending. Many PHEIs are facing financial distress and struggling because of decre...
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| Format: | Article |
| Language: | English |
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F1000 Research Ltd
2022-05-01
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| Series: | F1000Research |
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| Online Access: | https://f1000research.com/articles/10-1109/v2 |
| _version_ | 1798040626240946176 |
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| author | Magiswary Dorasamy Murali Raman Jayamalathi Jayabalan Murali Sambasivan Sharbani Harun |
| author_facet | Magiswary Dorasamy Murali Raman Jayamalathi Jayabalan Murali Sambasivan Sharbani Harun |
| author_sort | Magiswary Dorasamy |
| collection | DOAJ |
| description | Background: Given the persistent challenges to the higher education business model, private higher education institutions (PHEIs) are exploring myriad ways to increase enrolment and income, while aggressively managing spending. Many PHEIs are facing financial distress and struggling because of decreasing budgets and declining revenue. Thus, carving unique strategies that direct the institution to focus on its core competencies, making additional budget cuts without compromising quality, developing new revenue streams, embracing new technology, and offering affordable programs, will ultimately lead to financial success. Frugal innovation (FI) can shed light on these challenges. Methods: This paper presents a systematic literature review to investigate and analyse prior research that focused on FI within the sphere of intellectual capital (IC) and information technology capabilities (ITC) research, and their relationships in PHEIs. Transfield’s five phases were employed to extract journal articles published over a thirty-year period (1990 to 2020) from major online databases using keyword searches. Although an initial search generated 76,025 papers, the search for IC and FI yielded 41 papers, and finally only two papers were selected as they clearly related IC with FI. Results: There was a research gap in the literature published from 1990 to 2020 regarding IC applications to achieve FI. This work revealed that IC and ITC research for FI in PHEI remain insufficiently explored. Conclusions: Further research is required on the evaluation model of IC, ITC and FI, methodologies, empirical analysis, and the development of measurement metrics. A limitation to this study is the number of keywords selected. |
| first_indexed | 2024-04-11T22:10:18Z |
| format | Article |
| id | doaj.art-c88e411cff2e4df28162d7727177027d |
| institution | Directory Open Access Journal |
| issn | 2046-1402 |
| language | English |
| last_indexed | 2024-04-11T22:10:18Z |
| publishDate | 2022-05-01 |
| publisher | F1000 Research Ltd |
| record_format | Article |
| series | F1000Research |
| spelling | doaj.art-c88e411cff2e4df28162d7727177027d2022-12-22T04:00:35ZengF1000 Research LtdF1000Research2046-14022022-05-0110134168Unleashing frugal innovation in private higher education institutions via intellectual capital and Information technology capability: a systematic literature review [version 2; peer review: 2 approved]Magiswary Dorasamy0https://orcid.org/0000-0001-8651-1079Murali Raman1Jayamalathi Jayabalan2https://orcid.org/0000-0001-9351-0605Murali Sambasivan3https://orcid.org/0000-0002-5779-4126Sharbani Harun4Faculty of Management, Multimedia University, Persiaran Multimedia, Cyberjaya, 63100, MalaysiaAsia Pacific University, Kuala Lumpur, 57000, MalaysiaFaculty of Accountancy and Management, University Tunku Abdul Rahman, Kajang, Selangor, 43000, MalaysiaThiagarajar School of Management, Madurai, 625005, IndiaTechnology Park Malaysia, Kuala Lumpur, 57000, MalaysiaBackground: Given the persistent challenges to the higher education business model, private higher education institutions (PHEIs) are exploring myriad ways to increase enrolment and income, while aggressively managing spending. Many PHEIs are facing financial distress and struggling because of decreasing budgets and declining revenue. Thus, carving unique strategies that direct the institution to focus on its core competencies, making additional budget cuts without compromising quality, developing new revenue streams, embracing new technology, and offering affordable programs, will ultimately lead to financial success. Frugal innovation (FI) can shed light on these challenges. Methods: This paper presents a systematic literature review to investigate and analyse prior research that focused on FI within the sphere of intellectual capital (IC) and information technology capabilities (ITC) research, and their relationships in PHEIs. Transfield’s five phases were employed to extract journal articles published over a thirty-year period (1990 to 2020) from major online databases using keyword searches. Although an initial search generated 76,025 papers, the search for IC and FI yielded 41 papers, and finally only two papers were selected as they clearly related IC with FI. Results: There was a research gap in the literature published from 1990 to 2020 regarding IC applications to achieve FI. This work revealed that IC and ITC research for FI in PHEI remain insufficiently explored. Conclusions: Further research is required on the evaluation model of IC, ITC and FI, methodologies, empirical analysis, and the development of measurement metrics. A limitation to this study is the number of keywords selected.https://f1000research.com/articles/10-1109/v2Intellectual capital frugal innovation IT capabilities higher education institution private university systematic literature revieweng |
| spellingShingle | Magiswary Dorasamy Murali Raman Jayamalathi Jayabalan Murali Sambasivan Sharbani Harun Unleashing frugal innovation in private higher education institutions via intellectual capital and Information technology capability: a systematic literature review [version 2; peer review: 2 approved] F1000Research Intellectual capital frugal innovation IT capabilities higher education institution private university systematic literature review eng |
| title | Unleashing frugal innovation in private higher education institutions via intellectual capital and Information technology capability: a systematic literature review [version 2; peer review: 2 approved] |
| title_full | Unleashing frugal innovation in private higher education institutions via intellectual capital and Information technology capability: a systematic literature review [version 2; peer review: 2 approved] |
| title_fullStr | Unleashing frugal innovation in private higher education institutions via intellectual capital and Information technology capability: a systematic literature review [version 2; peer review: 2 approved] |
| title_full_unstemmed | Unleashing frugal innovation in private higher education institutions via intellectual capital and Information technology capability: a systematic literature review [version 2; peer review: 2 approved] |
| title_short | Unleashing frugal innovation in private higher education institutions via intellectual capital and Information technology capability: a systematic literature review [version 2; peer review: 2 approved] |
| title_sort | unleashing frugal innovation in private higher education institutions via intellectual capital and information technology capability a systematic literature review version 2 peer review 2 approved |
| topic | Intellectual capital frugal innovation IT capabilities higher education institution private university systematic literature review eng |
| url | https://f1000research.com/articles/10-1109/v2 |
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