To read this content please select one of the options below:

Intangible-intensive profile of a company: the key to outperforming

Elena Shakina (Department of Financial Management, National Research University Higher School of Economics, Perm, Russia)
Angel Barajas (Department of Accountancy and Finance, University of Vigo, Ourense, Spain AND National Research University Higher School of Economics, Perm, Russia)

Journal of Intellectual Capital

ISSN: 1469-1930

Article publication date: 12 October 2015

809

Abstract

Purpose

The purpose of this paper is to reveal and empirically validate a new typology of company strategic profiles regarding intangible resources.

Design/methodology/approach

The study is carried out in three steps. The first stage comes to identify the coordinates of intangibles in which strategic profiles are found. The second stage enables a clusterization of more than 1,600 European companies observed during seven years in the coordinates of intangibles. The last step introduces comparative analysis of these clusters in terms of their performance.

Findings

As a result of empirical analysis three strategic profiles regarding intangibles are discovered. Two of these profiles are called intangible-intensive as they demonstrate clear predominance of a particular set of intangibles. The innovative profile is associated with intensive investment in innovation and networking capabilities. The conservative profile puts emphasis on managerial capabilities and development of business process. The non-intangible-intensive profile, that has been called moderate, evenly allocates resources among intangibles keeping them on a low level relative to the intangible-intensive profiles.

Practical implications

This research is useful for practitioners in strategic and knowledge management. It provides insight into common features of company strategies for intangibles as well their impact on short- and long-term performance.

Originality/value

This work contributes to the field of strategic knowledge management by demonstrating a new relevant typology in company behavior regarding intangibles. Moreover, it equips decision makers in companies with a tool to design strategic vision in intangibles.

Keywords

Acknowledgements

The authors thank the researchers of the ID Lab (NRU Higher School of Economics – Perm Campus) for their useful comments and remarks during preparations and discussions of the paper. The authors also thank the assistants of the ID Lab for their work creating the database and their support. This study comprises research findings carried out within the framework of the project (Number 15-18-20039) supported by the Russian Scientific Fund.

Citation

Shakina, E. and Barajas, A. (2015), "Intangible-intensive profile of a company: the key to outperforming", Journal of Intellectual Capital, Vol. 16 No. 4, pp. 721-741. https://doi.org/10.1108/JIC-03-2015-0025

Publisher

:

Emerald Group Publishing Limited

Copyright © 2015, Emerald Group Publishing Limited

Related articles