Enhancing firm performance through innovation: the roles of intellectual capital, government support, knowledge sharing and knowledge management success

Binh Thi Thanh Truong, Phuong V. Nguyen, Demetris Vrontis

    Research output: Contribution to journalArticlepeer-review

    Abstract

    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.

    Original languageEnglish
    JournalJournal of Intellectual Capital
    DOIs
    Publication statusAccepted/In press - 2023

    Keywords

    • Firm innovation
    • Firm performance
    • Government support
    • Intellectual capital
    • Knowledge management success
    • Knowledge sharing
    • PLS-SEM

    Fingerprint

    Dive into the research topics of 'Enhancing firm performance through innovation: the roles of intellectual capital, government support, knowledge sharing and knowledge management success'. Together they form a unique fingerprint.

    Cite this