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Is academic innovation need of an hour? The role of intellectual capital and dynamic capabilities in driving academic performance

Muhammad Hamid Shahbaz (School of Business and Management Sciences, Minhaj University Lahore, Lahore, Pakistan)
Muhammad Kashif Durrani (School of Business and Management Sciences, Minhaj University Lahore, Lahore, Pakistan)
Shahbaz Sharif (School of Business and Management Sciences, Minhaj University Lahore, Lahore, Pakistan)

International Journal of Innovation Science

ISSN: 1757-2223

Article publication date: 17 May 2024

42

Abstract

Purpose

This study aims to explore the connections between intellectual capital and academic performance in Lahore, Pakistan’s higher education institutions (HEIs). The research delves into the mediation effect of dynamic capabilities, such as acquisition and exploitation, between intellectual capital and innovation within these educational institutions.

Design/methodology/approach

Grounded in the insights from a comprehensive literature review, the methodology uses a pre-tested questionnaire. Faculty members from private universities in Pakistan were chosen as the study's unit of analysis. Using a convenience sampling technique, data was gathered from 342 teachers and then analyzed using Smart (PLS) 3.3.3.

Findings

The results demonstrate that intellectual capital positively affects innovation. Acquisition and exploitation further mediate this influence, improving academic performance. Applying the knowledge-based view theory, the study confirmed the significance of all the posited hypotheses, underlining the positive interrelationships within Pakistan’s academic institutions.

Originality/value

The novelty of this research lies in its specific focus on the HEIs in Pakistan, demonstrating how intellectual capital and dynamic capabilities foster innovation, thereby enabling these institutions to maintain a competitive edge in a rapidly evolving educational landscape.

Keywords

Acknowledgements

The authors would like to thank Dr Shahbaz Shahrif from Minhaj University Lahore, who has assisted them a lot in this research process.

Citation

Shahbaz, M.H., Durrani, M.K. and Sharif, S. (2024), "Is academic innovation need of an hour? The role of intellectual capital and dynamic capabilities in driving academic performance", International Journal of Innovation Science, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/IJIS-08-2023-0179

Publisher

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Emerald Publishing Limited

Copyright © 2024, Emerald Publishing Limited

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