The Impact of Intellectual Capital on Financial Performance of Small and Medium-sized Enterprises

Authors

DOI:

https://doi.org/10.22279/navus.2022.v12.p01-13.1751

Keywords:

intellectual capital, value-added intellectual coefficient, VAIC™, small and medium-sized enterprises, business performance.

Abstract

The rapid growth of technologically advanced companies in the knowledge-based economy has driven corporate management to pay more attention to the importance of intellectual capital. Over the last two decades, several Intellectual Capital monetary models have gained in importance, due to the increasing need  of firms  to administer and control the efficiency of their intangible resources. In this context, the present study is conducted to examine the impact of the value creation efficiency of Intellectual Capital on the financial performance of small and medium-sized enterprises. Through a quantitative approach, this research sample consisted of 23 small and medium-sized enterprises and made use of correlation and multiple regression analysis as methods for treating the ambitioned. The results showed that the value creation efficiency of intellectual capital positively influences corporate financial performance. At last, the inclusion of relational capital efficiency, as well as the relationship examination of Intellectual Capital and other performance measures, are suggestions for future research.

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Author Biography

Vinícius Figueiredo de Faria, Universidade FUMEC

Sócio fundador da MVA Assessoria Financeira Contabilidade e Consultoria. Responsável pelas áreas novos negócios, financeira e comercial. Economista, pós graduado em Gestão Empresarial pela FGV/RJ, em Finanças pela FDC/MG; mestre em Engenharia e Gestão de Processos e Sistemas pelo IETEC/MG; doutorando em Sistemas de Informação e Gestão do Conhecimento pela FUMEC/MG. Com experiência na elaboração de estudos de viabilidade econômica, gestão de projetos, gestão de negócios, marketing, revisão de processos organizacionais; tendo atuado nas áreas administrativa, projetos, processos, financeira e comercial. Mentor voluntário da Fundação Dom Cabral (Programa Empreenda) na aceleração de micro e pequenos negócios. Fluência no idioma inglês, tendo atuado por vários anos como professor. Vivência internacional como estudante estrangeiro (2º grau – Rancho Verde High School - 1° ano de College – Riverside Community College – CA/ USA) e como consultor e gerente de projetos (México / Chile / Guatemala / Angola / Arábia Saudita).

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Published

2022-07-11

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Vol. 12 (2022)

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