Intelligent Capital, Organizational Learning, and Corporate Performance Influence Relationship

Purpose. The purpose of this paper is to examine the factors influencing intelligent capital on enterprise performance. Design/Methodology/Approach. Based on dynamic panel data of listed companies in the Taiwan electronics industry from 2006 to 2017, we used the GMM estimation method. Findings. The findings of this study indicate that human capital, innovation capital, process capital, and customer capital all significantly improve enterprise performance through the mechanism of organizational learning. Research Limitations/Implications. Future research on cross-country studies of various forms of electronics industry would be worth conducting to determine regional differences in the development of electronics industry activities. Originality/Value. The empirical results demonstrate that human capital, process capital, and customer capital exert a significant promoting effect on enterprise performance, while innovation capital significantly inhibits improvement of enterprise performance.