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Strategic alliances and development of intellectual capital: a study of technology-based SMEs

António Ferreira (CEFAGE-UBI Research Center, Instituto de Gestão e das Organizações de Saúde UCP Viseu, Viseu, Portugal)
Mário Franco (Department of Management and Economics, CEFAGE-UBI Research Center, Universidade da Beira Interior, Covilha, Portugal)
Heiko Haase (Department of Business Administration, Center for Innovation and Entrepreneurship, Ernst Abbe University for Applied Sciences Jena, Jena, Germany)

International Journal of Organizational Analysis

ISSN: 1934-8835

Article publication date: 5 July 2021

Issue publication date: 7 December 2022

228

Abstract

Purpose

From an absorptive capacity perspective, this study aims to analyse the influence of strategic alliances on the development of intellectual capital.

Design/methodology/approach

A quantitative study was chosen, with data on technology-based small and medium-sized enterprises (SMEs) in Portugal, leading to 257 valid answers.

Findings

The results obtained from a structural equation model show that learning/knowledge and efficiency as important functions underlying strategic alliances exert a strong influence on intellectual (human, structural and relational) capital.

Practical implications

These outcomes reveal that strategic alliances are a way for SMEs to overcome resource constraints in terms of intellectual capital, which represents an important implication for business practice. This study provides particular insights into how and to what extent alliance-specific mechanisms and functions lead to which improvement and effect.

Originality/value

The study underlines the importance of strategic alliances for technology-based SMEs. In this way, this study adds to the scarce in the field providing evidence for the SMEs sector. Therefore, strategic alliances and intellectual capital should be considered two key tools for this firm segment and worthy of further research in absorptive capacity.

Keywords

Acknowledgements

The authors are grateful to the anonymous referees of the journal for their extremely useful suggestions to improve the quality of the paper. The authors gratefully acknowledge financial support from the National Funds of the FCT – Portuguese Foundation for Science and Technology within the project «UIDB/04007/2020».

Citation

Ferreira, A., Franco, M. and Haase, H. (2022), "Strategic alliances and development of intellectual capital: a study of technology-based SMEs", International Journal of Organizational Analysis, Vol. 30 No. 6, pp. 1644-1671. https://doi.org/10.1108/IJOA-10-2020-2440

Publisher

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Emerald Publishing Limited

Copyright © 2021, Emerald Publishing Limited

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