Capital intelectual. Métricas intangibles en la industria y el comercio del Ecuador
Palabras clave:
Capital humano; capital estructural; capital relacional; gestión del conocimiento; sector comercial; sector industrial.Sinopsis
Esta obra presenta un análisis exhaustivo del capital intelectual como activo intangible decisivo en la gestión y las finanzas modernas. El estudio examina su relación con el rendimiento financiero (ROA y ROE) en las grandes empresas comerciales e industriales de Ecuador (2018-2023). Mediante una metodología cuantitativa, se calcularon los componentes del VAIC a partir de datos oficiales. Los hallazgos revelan una notable estabilidad del ROA y una mayor asociación del VAIC con el desempeño. La prueba U Mann-Whitney confirmó diferencias significativas entre sectores. Se concluye que el capital intelectual es un elemento fundamental e indispensable para la toma de decisiones financieras estratégicas.
Descargas
Los datos de descargas todavía no están disponibles.
Citas
Abraham, K., & Mallatt, J. (2022). Measuring human capital. National Bureau of Economic Research. https://doi.org/10.3386/w30136
Acuña Opazo, C., & González Contreras, O. (2021). The impacts of intellectual capital on financial performance and value-added of the production evidence from Chile. Journal of Economics, Finance and Administrative Science, 26(51), 127–142. https://doi.org/10.1108/JEFAS-08-2019-0178
Aduna Lira, E. (2022). Gestión y medición del capital intelectual (activos intangibles) en las organizaciones. RICEA Revista Iberoamericana de Contaduría, Economía y Administración, 11(21), 53–78. https://doi.org/10.23913/ricea.v11i21.183
Ahmeti, Y., & Iseni, E. (2022). Factors affecting profitability of insurance companies. Evidence from Kosovo. Academicus International Scientific Journal, 25, 122–142. https://doi.org/10.7336/academicus.2022.25.08
Alabood, E. M. S., Abuaddous, M. Y., Albqour, T. Z. K., & Salameh, R. S. (2023). The impact of intellectual capital on the financial performance in insurance firms listed in Amman Stock Exchange: Using the (VAIC) model. International Journal of Professional Business Review, 8(5). https://doi.org/10.26668/businessreview/2023.v8i5.1928
Alam, F., & Ali, M. (2020). E-commerce benefits, challenges and growth in India. International Journal of Computer Applications, 177(42), 1–7. https://doi.org/10.5120/ijca2020919920
Albu, A. (2021). Organisation of industry. Nature, 136, 237–239. https://doi.org/10.1038/136237a0
Ali, S., Murtaza, G., Hedvicakova, M., Jiang, J., & Naeem, M. (2022). Intellectual capital and financial performance: A comparative study. Frontiers in Psychology, 13, 967820. https://doi.org/10.3389/fpsyg.2022.967820
Al-Twaijry, A. (2009). Intangible assets and future growth: Evidence from Japan. Asian Review of Accounting, 17(1), 23–39. https://doi.org/10.1108/13217340910956496
Alvino, F., Di Vaio, A., Hassan, R., & Palladino, R. (2021). Intellectual capital and sustainable development: A systematic literature review. Journal of Intellectual Capital, 22(1), 76–94. https://doi.org/10.1108/JIC-11-2019-0259
Andrade Navia, J. M., Gasca Perdomo, A. M., Perdomo Gutiérrez, A., Benavides Pava, D., & Sánchez Pimentel, H. (2019). El capital intelectual en asociaciones de productores del sur de Colombia. In Tendencias en la investigación universitaria. Una visión desde Latinoamérica (pp. 187–201). Red Iberoamericana de Pedagogía.
Arias Gonzáles, J. L. (2021). Diseño y metodología de la investigación. Depósito Legal en la Biblioteca Nacional de Perú.
Armas Herrera, R., Higuerey Gómez, A., & Peñarreta Quezada, M. (2021). Does intellectual capital influence the risk of Ecuadorian communication companies? 2021 16th Iberian Conference on Information Systems and Technologies (CISTI). https://doi.org/10.23919/CISTI52073.2021.9476584
Arto, T. J., & Setiyono, W. P. (2022). Financial performance analysis before and during the Covid-19 pandemic. Indonesian Journal of Innovation Studies, 20, 1–15. https://doi.org/10.21070/ijins.v20i.703
Babelytė Labanauskė, K. (2022). Re-exploring seminal works on resource-based view and resource dependence theory: The case of entrepreneurial research organization. Management of Organizations: Systematic Research, 87(1), 21–42. https://doi.org/10.2478/mosr-2022-0002
Baety, I. N., & Pratiwi, N. M. W. (2021). Analisis return on assets (ROA), return on equity (ROE) dan economic value added (EVA) (Study on PT Gudang Garam, Tbk which is registered in Indonesia Stock Exchange). Semantic Scholar.
Balderas Trejo, O., Andrade López, L., & Cabrejos Burga, R. (2023). Reconstruyendo el futuro: La pandemia como oportunidad para impulsar la sostenibilidad y el emprendimiento. Laboratorio de Evaluación y Educación Digital.
Bandaranayake, I. W. M., & Pushpakumari, M. D. (2023). Identify variables to measure intellectual capital in organizations: A literature review. International Journal of Research and Innovation in Social Science, 7(4), 1280–1294. https://doi.org/10.47772/IJRISS.2023.7507
Barak, M., & Sharma, R. K. (2023). Investigating the impact of intellectual capital on the sustainable financial performance of private sector banks in India. Sustainability, 15(2), 1441.
Belmonte da Silva, R., & Fernandez Jardón, C. M. (2021). La relación entre capital intelectual humano y capacidad de innovación en el sector público. Visión de Futuro, 25(2), 114–136. https://doi.org/10.36995/j.visiondefuturo.2021.25.02.004.es
Beltramino, N. S., García Pérez de Lema, D., & Valdez Juárez, L. E. (2022). The role of intellectual capital on process and products innovation. Empirical study in SMEs in an emerging country. Journal of Intellectual Capital, 23(4), 741–764. https://doi.org/10.1108/JIC-07-2020-0234
Berggrun, L., Cardona, E., & Lizarzaburu, E. (2020). Firm profitability and expected stock returns: Evidence from Latin America. Research in International Business and Finance, 51. https://doi.org/10.1016/j.ribaf.2019.101119
Bernal, C. A. (2016). Metodología de la investigación. Pearson Educación.
Bollen, L., Vergauwen, P., & Schnieders, S. (2005). Linking intellectual capital and intellectual property to company performance. Management Decision, 43(9), 1161–1185. https://doi.org/10.1108/00251740510626254
Bontis, N. (1998). Intellectual capital: An exploratory study that develops measures and models. Management Decision, 36(2), 63–76. https://doi.org/10.1108/00251749810204142
Bontis, N., Chua Chong Keow, W., & Richardson, S. (2000). Intellectual capital and business performance in Malaysian industries. Journal of Intellectual Capital, 1(1), 85–100. https://doi.org/10.1108/14691930010324188
Bravo Martínez, A. O., & Sánchez Gómez, J. E. (2022). Capital intelectual para el desempeño organizacional y la competitividad. Revista Venezolana de Gerencia, 27(7), 150–166. https://doi.org/10.52080/rvgluz.27.7.11
Bravo Martínez, A. O., & Sánchez Gómez, J. E. (2024). Capital intelectual en el sector bancario. Revista Venezolana de Gerencia, 29(105), 160–176. https://doi.org/10.52080/rvgluz.29.105.11
Cáceres Hernández, J. J. (2021). Conceptos básicos y ejercicios de estadística para ciencias sociales. Tomo 1: Estadística descriptiva. Delta Publicaciones.
Cando Zumba, A. del R., López Villa, L. E., & Bastidas Orozco, F. M. (2022). Valuation of intellectual capital: Analysis of human capital in small and medium businesses PYMES in Ecuador. Brazilian Journal of Business, 4(4), 2528–2544. https://doi.org/10.34140/bjbv4n4-061
Chen, M.-C., Cheng, S.-J., & Hwang, Y. (2005). An empirical investigation of the relationship between intellectual capital and firms’ market value and financial performance. Journal of Intellectual Capital, 6(1), 43–63. https://doi.org/10.1108/14691930510592771
Chernov, V. (2023). Human capital: Valuation and management. E3S Web of Conferences, 380. https://doi.org/10.1051/e3sconf/202338001037
Chu Rubio, M. (2021). El ROI de las decisiones del marketing: Un enfoque de rentabilidad. Ediciones de la U.
Clarke, M., Seng, D., & Whiting, R. H. (2011). Intellectual capital and firm performance in Australia. Journal of Intellectual Capital, 12(4), 505–530. https://doi.org/10.1108/14691931111181706
Cohen, S., & Kaimenakis, N. (2007). Intellectual capital and corporate performance in knowledge-intensive SMEs. The Learning Organization, 14(3), 241–262. https://doi.org/10.1108/09696470710739417
Cosa, M., Pedro, E., & Urban, B. (2023). How to assess the intellectual capital of firms in uncertain times: A systematic literature review and a proposed model for practical adoption. Journal of Intellectual Capital, 25(7), 1–22. https://doi.org/10.1108/JIC-05-2023-0096
Del Baldo, M., Giampaoli, D., Macrellino, M., & Bontis, N. (2023). Intellectual capital’s link with financing opportunities. Journal of Intellectual Capital, 24(2), 359–374. https://doi.org/10.1108/JIC-04-2021-0105
Diana, V.-B., Igor, Á.-S., Germán, C.-M., & Santiago, O.-M. (2021). Human capital and technology in Latin American growth. 2021 16th Iberian Conference on Information Systems and Technologies (CISTI). https://doi.org/10.23919/CISTI52073.2021.9476402
Díaz Rodríguez, M. (2022). Estadística inferencial aplicada. Universidad del Norte.
Emadzadeh, M., Afzali, N., Bagheri, A., Rahimpoor, M., Ezadi, F., & Rahmani, M. (2013). Effect of intellectual capital on firm performance. International Journal of Academic Research in Accounting, Finance and Management Sciences, 3(3), 98–103. https://doi.org/10.6007/IJARAFMS/v3-i3/105
Encalada Encarnación, V. R., & Encarnación Merchán, O. M. (2023). La gerencia y la empresa: Desafíos y oportunidades. Con enfoque de las Normas Internacionales de Información Financiera. Universidad del Rosario. https://doi.org/10.12804/urosario9789585001701
Erazo Álvarez, J. C. (2021). Capital intelectual y gestión de innovación: Pequeñas y medianas empresas de cuero y calzado en Tungurahua–Ecuador. Revista de Ciencias Sociales (RCS), 27(4), 230–245. https://doi.org/10.31876/rcs.v27i.37004
Ficco, C. (2020). Relevancia valorativa de los activos intangibles y del capital intelectual: Una revisión de la literatura empírica. RAN Revista Academia & Negocios, 6(1), 11–30.
Ficco, C., & Sader, G. (2020). Relevancia valorativa de información financiera y no financiera sobre capital intelectual en empresas cotizadas argentinas. CAPIC Review, Journal of Accounting, Auditing and Business Management, 18, 1–16. https://doi.org/10.35928/cr.vol18.2020.87
Flores Flores, A. J., Lavín Verástegui, J., & Castillo Hernández, L. (2021). El capital estructural y relacional en el desempeño organizacional del sector público en el estado de Tamaulipas (México): Un análisis factorial exploratorio y correlacional usando Rho de Spearman. Acta Universitaria, 31, 1–16. https://doi.org/10.15174/au.2021.2810
Fouad, S. (2023a). Capital humano. One Billion Knowledgeable.
Fouad, S. (2023b). Comercio: Descubriendo los secretos del comercio, su guía para prosperar en el comercio global. One Billion Knowledgeable.
Fouad, S. (2023c). Rendimiento financiero. One Billion Knowledgeable.
Galarza Ramírez, C. M., Saltos Nevárez, L. E., & Guijarro Intriago, R. V. (2024). Metodología de la investigación educacional en el contexto de la enseñanza superior. Editorial Tecnocientífica Americana.
Gallegos, J. A., Díaz Contreras, C., Vega Vargas, J., Arellano Prada, R., & Blas Yucra, M. (2021). The impact of intellectual capital on financial performance in Argentina, Chile and Peru. African Journal of Business Management, 15(9), 242–249. https://doi.org/10.5897/AJBM2021.9278
Galleguillos Cortés, C., & Silva Munar, J. L. (2021). Incidencia del capital intelectual en el desempeño financiero de las universidades chilenas para el periodo 2014 al 2018. Ingeniare. Revista Chilena de Ingeniería, 29(3), 450–461. https://doi.org/10.4067/S0718-33052021000300450
Glaz’ev, S., Orlova, L., & Voronov, A. (2020). Human capital in the context of technological development and world economic paradigms. Moscow University Economics Bulletin, (5), 3–23. https://doi.org/10.38050/01300105202051
Gogan, L. M., Artene, A., Sarca, I., & Draghici, A. (2016). The impact of intellectual capital on organizational performance. Procedia - Social and Behavioral Sciences, 221, 194–202. https://doi.org/10.1016/j.sbspro.2016.05.106
Golmakani, R. (2014). Impact of intellectual capital on four factors of financial performance. Asian Journal of Research in Banking and Finance, 4(7), 104–111.
Golovnina, O., Galtsova, O., Sоmkіnа, Т., & Slava, S. (2023). Some aspects of human capital management. Pryazovskyi Economic Herald, 1(33), 32–37. https://doi.org/10.32840/2522-4263/2023-1-4
Gómez Bayona, L., Londoño Montoya, E., & Mora González, B. (2020). Modelos de capital intelectual a nivel empresarial y su aporte en la creación de valor. Revista CEA, 6(11), 165–184. https://doi.org/10.22430/24223182.1434
Gómez Romo, M. del C., López Gómez, A. F., Totoy Sinalín, E. V., & Lara Haro, D. M. (2022). El capital intelectual en el rendimiento financiero del sector carrocero del Ecuador. Revista Finanzas y Política Económica, 14(2), 351–373. https://doi.org/10.14718/revfinanzpolitecon.v14.n2.2022.3
Gómez Romo, M. del C., Totoy Sinalin, E. V., & López Gómez, A. F. (2023). El capital intelectual en el sector de confección textil. Un estudio explicativo de la rentabilidad. Ad-Gnosis, 12(12), 1–21. https://doi.org/10.21803/adgnosis.12.12.635
González, M., Guzmán, A., & Trujillo, M. A. (2020). Gerencia financiera basada en valor: Hacia un proceso sistemático para la toma de decisiones financieras. Colegio de Estudios Superiores de Administración.
Hada, I. D. (2020). Considerations regarding the assessment and measurement of financial performance. In A. S. (ed.). Challenges of the knowledge society (pp. 115–129). Pro Universitaria. https://doi.org/10.18662/lumproc/ncoe4.0.2020/11
Hernández Perlines, F., & Rodríguez García, M. (2020). Intellectual capital, organisational performance and competitive advantage. International Journal of Contemporary Hospitality Management, 32(6), 976–998.
Hernández Sampieri, R., Fernández Collado, C., & Baptista Lucio, M. del P. (2014). Metodología de la investigación. McGraw-Hill.
Hidalgo Gallardo, A., & Hidalgo Gallardo, L. (2020). Comercio, medio ambiente y capital intelectual verde, una acción trifásica para México: Caso Hidalgo. Plaza y Valdés.
Horvathova, J., & Mokrisova, M. (2020). Business competitiveness, its financial and economic parameters. Montenegrin Journal of Economics, 16(1), 139–153. https://doi.org/10.14254/1800-5845/2020.16-1.9
Huezo Ponce, L., & Rodríguez Marín, M. (2023). Valuación y financiamiento: Claves para la escalabilidad empresarial. Instituto Tecnológico y de Estudios Superiores de Monterrey.
Huq, M., & Tribe, M. (2018). Industry: A broad overview. In The economy of Ghana (pp. 121–131). Palgrave Macmillan. https://doi.org/10.1057/978-1-137-60243-5_7
Husakovska, T., & Sviatnyi, L. (2023). Intellectual capital as an important component of the economic potential of the enterprise. Black Sea Economic Studies, 79, 115–120. https://doi.org/10.32782/bses.79-14
Ibarra Cisneros, M. A., & Hernández Perlines, F. (2019). La influencia del capital intelectual en el desempeño de las pequeñas y medianas empresas manufactureras de México: El caso de Baja California. Innovar, 29(71), 79–96. https://doi.org/10.15446/innovar.v29n71.76397
Ibarra Cisneros, M. A., Vela Reyna, J. B., & Ríos Nequis, E. I. (2020). Capital intelectual, gestión del conocimiento y desempeño en universidades. Investigación Administrativa, 49(125), 1–20.
Instituto Geográfico Nacional de España. (2022). Comercio interior. http://atlasnacional.ign.es/wane/Comercio_interior
Instituto Nacional de Estadísticas y Censos. (2012). Clasificación Nacional de Actividades Económicas.
Jacobo Hernández, C. A., Leyva Osuna, B. A., Daniel Ochoa, Y. J., & Mendoza Apodaca, M. del R. (2019). La influencia del capital intelectual en el desempeño organizacional en empresas turísticas de México. Revista Interamericana de Ambiente y Turismo, 15(1), 72–81.
Jardón, C. M., & Martínez Cobas, X. (2021). Measuring intellectual capital with financial data. PLOS ONE, 16(5). https://doi.org/10.1371/journal.pone.0249989
Jaya Pineda, I. I., Plaza Guzmán, J. J., & Novillo Maldonado, E. (2021). El capital intelectual y su incidencia en la producción de las empresas productoras de banano en la Costa sur del Ecuador. European Scientific Journal, 17(9). https://doi.org/10.19044/esj.2021.v17n9p17
Jikhan, F. C., Muftiadi, A., & Alexandri, M. B. (2023). The effect of intellectual capital on firm performance: A state of the art. Jurnal Ilmiah Akuntansi Dan Bisnis, 18(2), 322–337. https://doi.org/10.24843/jiab.2023.v18.i02.p09
Juárez, F., & Useche, A. (2023). Administración financiera: Modelos, enfoques, tendencias. Universidad del Rosario.
Kan, W. S., & Lejano, R. P. (2023). Relationality: The role of connectedness in the social ecology of resilience. International Journal of Environmental Research and Public Health, 20(5). https://doi.org/10.3390/ijerph20053865
Kedah, Z. (2023). Use of e-commerce in the world of business. Startupreneur Business Digital (SABDA Journal), 2(1), 51–60. https://doi.org/10.33050/sabda.v2i1.273
Kelchevskaya, N. R., Pelymskaya, I. S., Hani Deghles, S. M., Goncharova, N. V., & Chernenko, I. M. (2021). The impact of intellectual capital on the performance and investment attractiveness of Russian companies. IOP Conference Series: Earth and Environmental Science, 666(6). https://doi.org/10.1088/1755-1315/666/6/062076
Khan, A. M., Arafat, M. Y., Raushan, M. A., & Saleem, I. (2020). Examining the relevance of intellectual capital in improving the entrepreneurial propensity among Indians. International Journal of Knowledge Management, 16(1), 123–140. https://doi.org/10.4018/IJKM.2020010106
Khudzhatov, M. B., & Vakhrushev, V. Y. (2023). Current problems of currency operations in foreign economic activities. Mezhdunarodnaja Jekonomika (The World Economics), 3, 153–162. https://doi.org/10.33920/vne-04-2303-01
Khuziakhmetov, R. R. (2022). Non-cognitive characteristics of human capital and life outcomes. Tyumen State University Herald. Social, Economic, and Law Research, 8(3), 43–57. https://doi.org/10.21684/2411-7897-2022-8-3-43-57
Korzhak, V. A. (2023). Methods of calculating the indexes of intellectual capital of organizations. Statistics and Economics, 20(1), 26–36.
Kumar, A. (2021). E-commerce in India. International Journal of Financial Management and Economics, 4(2), 103–105. https://doi.org/10.33545/26179210.2021.v4.i2.97
Laghi, E., Di Marcantonio, M., Cillo, V., & Paoloni, N. (2022). The relational side of intellectual capital: An empirical study on brand value evaluation and financial performance. Journal of Intellectual Capital, 23(3), 479–515.
Lanzas Duque, Á. M. (2018). Modelo de generación de valor mediante el capital intelectual en empresas de base tecnológica de software. Contaduría y Administración, 65(2), 1–24. https://doi.org/10.22201/fca.24488410e.2018.1897
Lestari, E., Setyawati, Y., & Try Kabora, P. M. (2023). Financial performance assessment based on financial ratio analysis. PENANOMICS: International Journal of Economics, 2(3), 1–11. https://doi.org/10.56107/penanomics.v2i3.148
Lo, C., Wang, C., & Chen, Y.-C. (2020). The mediating role of intellectual capital in open innovation in the service industries. Sustainability, 12(12), 5220. https://doi.org/10.3390/su12125220
Lopes Costa, J. A., & Muñoz Cañavate, A. (2015). Relational capital and organizational performance in the Portuguese hotel sector (NUTS II Lisbon). Procedia Economics and Finance, 26, 64–71.
Luthy, D. H. (1998). Intellectual capital and its measurement. https://n9.cl/haeak
Maditinos, D., Chatzoudes, D., Tsairidis, C., & Theriou, G. (2011). The impact of intellectual capital on firms’ market value and financial performance. Journal of Intellectual Capital, 12(1), 132–151. https://doi.org/10.1108/14691931111097944
Makarov, P. Y. (2022). Intellectual capital in the conceptual and categorical apparatus of economics: Critical understanding and systematization. Voprosy Ekonomiki, 4, 5–25. https://doi.org/10.32609/0042-8736-2022-4-5-25
Mariuxi, P. C., Motoche Vanessa Jaqueline, L., & Laura Magali, C.-R. (2022). Contribution of intellectual capital for administrators of companies dedicated to professional, scientific and technical activities in a city of Ecuador. 2022 17th Iberian Conference on Information Systems and Technologies (CISTI). https://doi.org/10.23919/CISTI54924.2022.9820274
Martínez Rebollar, A., & Campos Francisco, W. (2015). The correlation among social interaction activities registered through new technologies and elderly’s social isolation level. Revista Mexicana de Ingenieria Biomedica, 36(3), 181–191. https://doi.org/10.17488/RMIB.36.3.4
Matić, Z., & Ćeranić, M. (2023). Illegal trade in criminal law. Pravo - Teorija i Praksa, 40(3), 81–93. https://doi.org/10.5937/ptp2303081M
Mavridis, D. G. (2004). The intellectual capital performance of the Japanese banking sector. Journal of Intellectual Capital, 5(1), 92–115. https://doi.org/10.1108/14691930410512941
Medina, M., Rojas, R., Bustamante, W., Loaiza, R., Martel, C., & Castillo, R. (2023). Metodología de la investigación: Técnicas e instrumentos de investigación. Instituto Universitario de Innovación Ciencia y Tecnología Inudi Perú S.A.C. https://doi.org/10.35622/inudi.b.80
Meyr, C. E., Boruck Klein, S., de Souza Junior, W. D., & Dall´Asta, D. (2019). Efeito dos componentes do capital intelectual sobre o desempenho financeiro de empresas brasileiras listadas no IBRX-50 da B3 de 2013 a 2017. Contextus – Revista Contemporânea de Economia e Gestão, 17(3), 88–114. https://doi.org/10.19094/contextus.v17i3.42289
Mohamad, P. D. M. shaker, & Battat, A. S. K. Al. (2023). The extent to which can intellectual capital and its positive advantages achieve economic, social and industrial progress for Iraqi establishments field study in the MARABA Al Iraq Al Ghadhra Company. International Journal of Science and Management Studies (IJSMS), 19–33. https://doi.org/10.51386/25815946/ijsms-v6i5p103
Molina, M. (2023). Prueba de la U de Mann-Whitney. Revista Electrónica de AnestesiaR, 15(5), 1–4.
Morales Clark, L. E. (2024). Capital intelectual y desempeño organizacional: El caso de las instituciones de educación básica en México. Revista Científica Pensamiento y Gestión, 47, 180–202. https://doi.org/10.14482/pege.47.6342
Morales Ramos, K. E., Gavilanes Carranza, E. A., Vacacela Pineda, J. G., & Lara Haro, D. M. (2024). Gestión económica empresarial: Estrategias para optimizar resultados financieros. Editorial Investigativa Latinoamericana.
Mukhtaruddin, M., Saftiana, Y., Riani, E., Siska, E. Y., & Yamaly, F. (2023). Market performance: The effect of intellectual capital and intellectual capital disclosure. JRAK: Jurnal Riset Akuntansi dan Komputerisasi Akuntansi, 15(2), 287–295. https://doi.org/10.23969/jrak.v15i2.9593
Murti, G. T., Saraswati, R. S., & Mayumi Yorianti, Y. (2023). Does intellectual capital and board characteristics affect financial performance? Jurnal Akuntansi Manado (JAIM), 304–319. https://doi.org/10.53682/jaim.vi.7225
Myasoedov, A. (2021). An efficiency model for assessing intellectual capital. Scientific Research and Development. Socio-Humanitarian Research and Technology, 10(1), 84–91. https://doi.org/10.12737/2306-1731-2021-10-1-84-91
Mykolenko, I., & Hrebelna, A. (2021). Factors of profitability of the enterprise. Eastern Europe: Economy, Business and Management, 6(33), 48–53. https://doi.org/10.32782/easterneurope.33-21
Nancy, F., Sulistiawan, D., & Rudiawarni, F. A. (2020). Revisiting the role of intellectual capital on firms’ performance: Indonesian evidence. Proceedings of the 17th International Symposium on Management (INSYMA 2020). https://doi.org/10.2991/aebmr.k.200127.072
Nerdrum, L., & Erikson, T. (2001). Intellectual capital: A human capital perspective. Journal of Intellectual Capital, 2(2), 127–135. https://doi.org/10.1108/14691930110385919
Nimtrakoon, S. (2015). The relationship between intellectual capital, firms’ market value and financial performance. Journal of Intellectual Capital, 16(3), 587–618. https://doi.org/10.1108/JIC-09-2014-0104
Nuševa, D., Vukmirović, G., Marić, R., & Macura, N. (2022). The impact of the COVID-19 pandemic on foreign trade. Proceedings of the 27th International Scientific Conference Strategic Management and Decision Support Systems in Strategic Management. https://doi.org/10.46541/978-86-7233-406-7_191
Olowookere, J., & Adeagbo, S. (2021). The nexus between structural capital efficiency and agency costs: Evidence from listed non-financial firms in Nigeria. The Journal of Economic Research & Business Administration, 138(4), 147–162. https://doi.org/10.26577/be.2021.v138.i4.10
Ortiz Carranco, A., Ramirez Rosas, J., Arroyo Diaz, S., & Lozada Lechuga, J. (2019). Evaluation of intellectual capital in a SME in the city of Puebla, Mexico; applying the Skandia model. Journal Microeconomics, 3(5), 1–16. https://doi.org/10.35429/jm.2019.5.3.1.16
Ousama, A. A., Hammami, H., & Abdulkarim, M. (2020). The association between intellectual capital and financial performance in the Islamic banking industry: An analysis of the GCC banks. International Journal of Islamic and Middle Eastern Finance and Management, 13(1), 75–93. https://doi.org/10.1108/IMEFM-05-2016-0073
Pardo Cueva, M., Dávila, G. A., & Chamba Rueda, L. M. (2020). Discovering the role of intellectual capital in Latin America: Insights from Ecuador. Entrepreneurship and Sustainability Issues, 8(2), 1006–1026. https://doi.org/10.9770/jesi.2020.8.2(61)
Pardo Cueva, M., Herrera Armas, R., & Gómez Higuerey, Á. (2018). La influencia del capital intelectual sobre la rentabilidad de las empresas manufactureras ecuatorianas. Espacios, 39(51), 14.
Peces, M. del C., & Trillo, M. A. (2023). Relational capital in the technology sector: An international strategic model. Sustainability, 15(5), 4351. https://doi.org/10.3390/su15054351
Pelegrín Mesa, A., Hernández Herrera, C., & Pérez Esparza, A. (2021). La gestión de las organizaciones: Una mirada desde la investigación interdisciplinaria en el contexto de México y Cuba. Universidad de Guadalajara.
Penrose, E., & Pitelis, C. (2009). The theory of the growth of the firm. Oxford University Press.
Pérez, L., Pérez, R., & Seca, M. V. (2020). Metodología de la investigación científica. Editorial Maipue.
Pérez Mesa, J. C. (2021). Gestión de recursos humanos: Teoría y práctica aplicadas a empresas turísticas. Universidad de Almeria.
Pesántez Calva, A. E., Romero Correa, J. A., & González Illescas, M. L. (2020). Comercio electrónico B2B como estrategia competitiva en el comercio internacional: Desafíos para Ecuador. Innova Research Journal, 5(1), 86–107. https://doi.org/10.33890/innova.v5.n1.2020.1166
Phan, A., & Nguyễn, N. M. (2023). Impact of intellectual capital on financial performance of Vietnamese commercial banks. Tạp Chí Khoa Học và Đào Tạo Ngân Hàng, 252, 1–14. https://doi.org/10.59276/TCKHDT.2023.05.2527
Pizzi, C. M. (2021). Planeamiento estratégico y control de gestión sustentable: Creando pymes con futuro. Sb editorial.
Pulgarín Fernández, C. M., Ormaza-Andrade, J. E., & Erazo-Álvarez, J. C. (2020). Gestión del capital intelectual en las organizaciones. Revista Arbitrada Interdisciplinaria Koinonía, 5(3), 779–803. https://doi.org/10.35381/r.k.v5i3.921
Putri, I. A. J. (2023). The effect of growth, intellectual capital, financial performance on firm value. JPPI (Jurnal Penelitian Pendidikan Indonesia), 9(4), 250–262. https://doi.org/10.29210/020233026
Quintero Quintero, W., Blanco Ariza, A. B., & Garzón Castrillón, M. A. (2021). Intellectual capital: A review and bibliometric analysis. Publications, 9(4), 46. https://doi.org/10.3390/publications9040046
Ramírez Rojas, O. (2021). Complejidad y capital intelectual. Ediciones de la U.
Riahi Belkaoui, A. (2003). Intellectual capital and firm performance of US multinational firms. Journal of Intellectual Capital, 4(2), 215–226. https://doi.org/10.1108/14691930310472839
Rincón Soto, C. A., Molina Mora, F. R., & González González, P. (2021). El capital intelectual en las organizaciones de economía solidaria. Tendencias, 22(2), 309–330. https://doi.org/10.22267/rtend.212202.178
Robles Cortez, J. R., & Zárate Cornejo, R. E. (2013). Impacto del capital intelectual en facultades de negocios de las universidades públicas. Sotavento M.B.A., 22, 68–81. https://dialnet.unirioja.es/descarga/articulo/5137626.pdf
Sáenz Castillo, C. E. (2018). Componentes explicativos del capital intelectual en empresas desarrolladoras de software en Colombia. Science of Human Action, 3(1), 153–175. https://doi.org/10.21501/2500-669x.2714
Sánchez Hernández, M. I. (2022). La gestión de recursos humanos en el centro de la responsabilidad social de las organizaciones: Resultados de investigación. Universidad Pontificia Comillas.
Sánchez Limon, M. L., Sánchez Tovar, Y., & Jasso Villazul, J. (2021). Caracterización del capital intelectual en las universidades públicas. Estudio comparativo. International Journal of Professional Business Review, 6(1). https://doi.org/10.26668/businessreview/2021.v6i1.203
Santini, G. (2020). El comercio. Ensayo de economía del derecho. Ediciones Olejnik.
Sardo, F., Serrasqueiro, Z., & Alves, H. (2018). On the relationship between intellectual capital and financial performance: A panel data analysis on SME hotels. International Journal of Hospitality Management, 75, 67–74. https://doi.org/10.1016/j.ijhm.2018.03.001
Scarfó, E., Vélez Pareja, I., Sandoval Llanos, J., Castilla Ávila, P., & Ortiz, D. (2021). Análisis financiero integral: Teoría y práctica. Alpha Editorial.
Seitkhozhina, J., & Maidyrova, A. (2022). Analysis of human capital assessment methods. Economic Series of the Bulletin of the L.N. Gumilyov ENU, 2, 84–96. https://doi.org/10.32523/2789-4320-2022-2-84-96
Sharma, S. (2020). Direction and problems of foreign trade in Nepal. Rupantaran: A Multidisciplinary Journal, 4(1), 143–152. https://doi.org/10.3126/rupantaran.v4i1.34210
Shehabi, E. (2020). Marketing goals and the quality system in the manufacturing industry. Anglisticum Journal (IJLLIS), 9(5), 19–25. https://doi.org/10.5281/zenodo.3930798
Sheikh, A. M. (2022). Green intellectual capital and social innovation: The nexus. Journal of Intellectual Capital, 23(6), 1199–1220.
Shiu, H.-J. (2006). The application of the value-added intellectual coefficient to measure corporate performance: Evidence from technological firms. International Journal of Management, 23(2), 356–365.
Shrestha, P. M. (2023). Examining the factors affecting the profitability of commercial banks. Journal of Mathematics Instruction, Social Research and Opinion, 2(2), 105–114. https://doi.org/10.58421/misro.v2i2.86
Sifuentes Díaz, Y. M., & Larios Franco, C. A. (2022). Modelos de gestión del conocimiento para medir el capital intelectual en la empresa hotelera Golden Green. Revista Científica, 1(5), 1–17.
Soetanto, T., & Liem, P. F. (2019). Intellectual capital in Indonesia: Dynamic panel approach. Journal of Asia Business Studies, 13(2), 240–262. https://doi.org/10.1108/JABS-02-2018-0059
Sohel Rana, Md., & Hossain, S. Z. (2023). Intellectual capital, firm performance, and sustainable growth: A study on DSE-listed nonfinancial companies in Bangladesh. Sustainability, 15(9). https://doi.org/10.3390/su15097206
Suryani, A. W., & Nadhiroh, A. (2020). Intellectual capital and capital structure effect on firms’ financial performances. Journal of Accounting Research, Organization and Economics, 3(2), 127–138. https://doi.org/10.24815/jaroe.v3i2.17258
Suzan, L., & Khadrinur, H. (2023). The effect of intellectual capital and executive compensation on financial performance. JHSS (Journal of Humanities and Social Studies), 7(1), 40–46. https://doi.org/10.33751/jhss.v7i1.7102
Syaleha, A., & Yasin, M. (2024). Pola IKM dan UMKM di Bali. Jurnal Ekonomi Dan Pembangunan Indonesia, 2, 9–16. https://doi.org/10.61132/jepi.v2i2.482
Taleb, M., & Pheniqi, Y. (2023). Does innovation ambidexterity moderate the relationship between intellectual capital and innovation performance? Evidence from Morocco. International Journal of Technology, 14(4), 724–748. https://doi.org/10.14716/ijtech.v14i4.5677
Tan, H. P., Plowman, D., & Hancock, P. (2007). Intellectual capital and financial returns of companies. Journal of Intellectual Capital, 8(1), 76–95. https://doi.org/10.1108/14691930710715079
Tarsono, O., Fauziyah, A., & Faruqi, F. (2019). Intellectual capital influence on financial performance banking. Proceedings of the 5th Annual International Conference on Accounting Research.
Terán Bustamante, A., Martínez Velasco, A., & Dávila Aragón, G. (2021). Knowledge management for open innovation: Bayesian networks through machine learning. Journal of Open Innovation: Technology, Market, and Complexity, 7(1). https://doi.org/10.3390/joitmc7010077
Tonial, G., Matos, F., Cassol, A., Marietto, M. L., & Werlang, N. B. (2023). Quantitative analyses of the role of relational capital on absorptive capacity in knowledge-intensive SME’s. European Conference on Research Methodology for Business and Management Studies, 22(1), 113–121. https://doi.org/10.34190/ecrm.22.1.1482
Tovstiga, G., & Tulugurova, E. (2007). Intellectual capital practices and performance in Russian enterprises. Journal of Intellectual Capital, 8(4), 695–707. https://doi.org/10.1108/14691930710830846
Ur Rehman, S., Elrehail, H., Alsaad, A., & Bhatti, A. (2022). Intellectual capital and innovative performance: A mediation-moderation perspective. Journal of Intellectual Capital, 23(5), 998–1024. https://doi.org/10.1108/JIC-04-2020-0109
Villegas González, E., Hernández Calzada, M. A., & Salazar Hernández, B. C. (2017). La medición del capital intelectual y su impacto en el rendimiento financiero en empresas del sector industrial en México. Contaduría y Administración, 62(1), 184–206. https://doi.org/10.1016/j.cya.2016.10.002
Vo, D. H., & Tran, N. P. (2022). Measuring national intellectual capital: A novel approach. Journal of Intellectual Capital, 23(4), 799–815. https://doi.org/10.1108/JIC-06-2020-0183
Weqar, F., Khan, A. M., Raushan, M. A., & Haque, S. M. I. (2021). Measuring the impact of intellectual capital on the financial performance of the finance sector of India. Journal of the Knowledge Economy, 12(3), 1134–1151. https://doi.org/10.1007/s13132-020-00654-0
Wickramaarachchi, N. C., & Nelumika, B. K. (2022). Influence of intellectual capital on company performance. Indian Journal of Finance and Economics, 3(1), 55–70. https://doi.org/10.47509/IJFE.2022.v03i01.05
Xiao, H., & Yu, D. (2020). Achieving sustainable competitive advantage through intellectual capital and corporate character: The mediating role of innovation. Problemy Ekorozwoju, 15(1), 33–45. https://doi.org/10.35784/pe.2020.1.04
Xu, J., & Liu, F. (2020). The impact of intellectual capital on firm performance: A modified and extended VAIC model. Journal of Competitiveness, 12(1), 161–176. https://doi.org/10.7441/joc.2020.01.10
Xu, J., & Wang, B. (2018). Intellectual capital, financial performance and companies’ sustainable growth: Evidence from the Korean manufacturing industry. Sustainability, 10(12). https://doi.org/10.3390/su10124651
Yashoda. (2020). Financial analysis of retail, wholesalers, manufacturing sectors – An overview. Semantic Scholar. https://api.semanticscholar.org/CorpusID:226583595
Yong, J. Y., Yusliza, M. Y., Ramayah, T., Farooq, K., & Tanveer, M. I. (2023). Accentuating the interconnection between green intellectual capital, green human resource management and sustainability. Benchmarking: An International Journal, 30(8), 2783–2808. https://doi.org/10.1108/BIJ-11-2021-0641
Zéghal, D., & Maaloul, A. (2010). Analysing value added as an indicator of intellectual capital and its consequences on company performance. Journal of Intellectual Capital, 11(1), 39–60. https://doi.org/10.1108/14691931011013325
Publicado
September 22, 2025
Colección
Derechos de autor 2025 Luis Marcelo Mantilla Falcón, Alex Santiago Mantilla Miranda, Robinson Stalin Quinga Jaya, Jennifer Elizabeth Zapata Ulcuango, Natalia Jannyne Estevez Calapaqui, Alexandra Tatiana Valle Álvarez, Ana Consuelo Córdova Pacheco, Juan Pablo Martínez Mesías
Detalles sobre el formato de publicación disponible: PDF
PDF
ISBN-13 (15)
978-9942-561-68-8
Fecha de publicación (01)
2025-09-22
