TY - JOUR
T1 - Enhancing firm performance through innovation
T2 - the roles of intellectual capital, government support, knowledge sharing and knowledge management success
AU - Truong, Binh Thi Thanh
AU - Nguyen, Phuong V.
AU - Vrontis, Demetris
N1 - Publisher Copyright:
© 2023, Emerald Publishing Limited.
PY - 2023
Y1 - 2023
N2 - Purpose: This study determines whether government support for innovation (GSFI), knowledge sharing, knowledge management success (KMS) and intellectual capital (IC) strengthens the relationship between firm innovation and performance in the manufacturing industry in Vietnam. Design/methodology/approach: A theoretical model and related hypotheses on manufacturers in Vietnam were developed based on the resource-based view and knowledge-based view. Data were collected from 361 respondents through a structured questionnaire and analyzed by partial least squares-structural equation modeling. Findings: GSFI and IC significantly and positively influence firm innovation and performance. However, knowledge sharing does not affect firm innovation. Moreover, KMS fully mediates the positive relationship between knowledge sharing and firm innovation, and firm innovation partially mediates the positive relationships of IC and government support with firm performance. Practical implications: The findings show how managers can utilize IC, KMS and government assistance to maximize the benefits of innovative outcomes and improve business performance. Originality/value: This groundbreaking study creates a research model incorporating IC, knowledge sharing, KMS, GSFI, firm innovation and firm performance by extending two theories. Although the effects of various intangible assets on firm performance have been discussed extensively in the literature, there has been limited focus on the significance of KMS, knowledge sharing, IC and GSFI for enhancing innovative outcomes and driving business success in emerging markets such as Vietnam.
AB - Purpose: This study determines whether government support for innovation (GSFI), knowledge sharing, knowledge management success (KMS) and intellectual capital (IC) strengthens the relationship between firm innovation and performance in the manufacturing industry in Vietnam. Design/methodology/approach: A theoretical model and related hypotheses on manufacturers in Vietnam were developed based on the resource-based view and knowledge-based view. Data were collected from 361 respondents through a structured questionnaire and analyzed by partial least squares-structural equation modeling. Findings: GSFI and IC significantly and positively influence firm innovation and performance. However, knowledge sharing does not affect firm innovation. Moreover, KMS fully mediates the positive relationship between knowledge sharing and firm innovation, and firm innovation partially mediates the positive relationships of IC and government support with firm performance. Practical implications: The findings show how managers can utilize IC, KMS and government assistance to maximize the benefits of innovative outcomes and improve business performance. Originality/value: This groundbreaking study creates a research model incorporating IC, knowledge sharing, KMS, GSFI, firm innovation and firm performance by extending two theories. Although the effects of various intangible assets on firm performance have been discussed extensively in the literature, there has been limited focus on the significance of KMS, knowledge sharing, IC and GSFI for enhancing innovative outcomes and driving business success in emerging markets such as Vietnam.
KW - Firm innovation
KW - Firm performance
KW - Government support
KW - Intellectual capital
KW - Knowledge management success
KW - Knowledge sharing
KW - PLS-SEM
UR - http://www.scopus.com/inward/record.url?scp=85179919684&partnerID=8YFLogxK
U2 - 10.1108/JIC-08-2023-0181
DO - 10.1108/JIC-08-2023-0181
M3 - Article
AN - SCOPUS:85179919684
SN - 1469-1930
JO - Journal of Intellectual Capital
JF - Journal of Intellectual Capital
ER -