1. Influence of human capital on firm performance:

Crook, T.R., Todd, S.Y., Combs, J.G., Woehr, D.J. and Ketchen, D.J. (2011) Does human capital matter? A meta-analysis of the relationship between human capital and firm performance. Journal of Applied Psychology, Vol 96(3), pp.443-456.

2. Many studies found that the influence of structure capital to firm performance is weak and insignificant.

3. Influence of external capital on firm performance:

Unlike human capital and structure capital, I think you need to define external capital carefully. Different definations may lead to different results.

Yes, there have a relationship between intellectual capital and organization. Intellectual capital is knowledge that is of value to an organization.  Intellectual capital can be regarded as the hidden value of an organization. Components of intellectual capital consist of human capital, structural capital and external (customer) capital. tq

 Intellectual capital has a positive effect on organization performance, especially in knowledge-intensive industries.

Intellectual capital is defined as encompassing human capital, structural capital, and relational capital (Curado and Bontis, 2007). So, these elements could be considered as sub-concepts or components of intellectual capital. They influence positively the intellectual capital and, consequently, organization performance.

Yes, there are relationships, for more information see my paper " Learning Organization and Intellectual Capital: An Empirical Study of Jordanian Banks" https://www.researchgate.net/profile/Ghazi_Al-Weshah/publications.

Dear Dr. Nair, you can find evidence of such relationship in our paper: Cabanelas Omil, J.; Cabanelas Lorenzo, P.; Vaamonde Liste, A. (2011), ‘The power of relationship in high profitability firms’, Total Quality Management & Business Excellence, 22 (1): 29-42. DOI: 10.1080/14783363.2010.529642

We have developed an analysis based on the three types of capitals you have identified. We found specially important the influence of relational capital (external capital in your question). We have worke in other papers dealing about it, but some of them are in Spanish.

If you need the document, please, let me know.

Regards.

Please read the following article: An empirical investigation of the relationship between intellectual capital and firms' market value and financial performance . You will  find the answer at your question.

https://scholar.google.ro/scholar?hl=ro&q=Relation+between+relational+capital+and+organizational+performance&btnG=

Intellectual capital includes human capital, structural capital, and relational capital (Curado and Bontis, 2007). All these elements could be considered as sub-concepts or components of intellectual capital which is a bigger concept. Intellectual capital positively influnces the organization performance.

You can get the related article from https://www.researchgate.net/post/Is_there_any_relationship_between_intellectual_capital_and_organization_performance_firm_performance [accessed Jul 3, 2015].

The performance of an organisation depends upon the competence of the employees and hence the better the human capital stock of an organisation the better would be the firm  performance ,however there are other variables like organisation culture,policies and leadership that me promote or demote  firm performance even if the human capital of the organisation is good.

Take a look at the Spanish study of intellectual capital and firm performance explaining productivity differences between SMEs and their larger counterparts

"Castanay et al 2007 Do innovation and human capital explain the productivity gap between small firms and large firms in Spain"

http://www.ub.edu/irea/working_papers/2007/200716.pdf

I think that there is a relationship if there is interaction between both: intellectual capital and performance. Intellectual capital can be seen as knowledge (IESA: information, experience, skills and algorithm).  If somebody is in the organization with perfect knowledge or intellectual capital and is not used, not tapped in for some reason then it will have no effect (positive or negative). Intellectual capital can also be used in a situation where there is no fit, using a good hammer for every situation. But if there is a fit more is needed than that knowledge alone. Culture (VAB: value, attitude, beliefs) that makes it possible to carry out certain tasks successfully. By culture I don't mean social culture, but the set of behavior, attitude and belief system that make it possible to carry out certain tasks successfully. That kind of culture is very often overlooked. Another important aspect is SI (Social environment and institutional framework). These are the supporting rules, regulations/laws, organizational structure that enable the use of knowledge or intellectual capital.

More about this approach can be found in the article Capacities, Development and Responsible Innovation (Kroesen, Darson, Ndegwagh, 2015, page: 201-222) in Responsible Innovation 2 (edited by Bert-Jaap Koops et.al. 2015 by Springer. ISBN E-book: 978-3-319-17308-5).

So there is more than knowledge (IESA) needed, also culture (VAB) and structure (SI), which together are called capacity.

I hope the above approach is of any help.

Dear Dr. Mohamad Nasir Saludin,

1.There is no performance in any organization without people involvement, which means without intellectual capital. Thus, the answer is that there is a relationship between intellectual capital and organization performance.

2.Although for many people the relationship is almost evident between the human capital and company performance, the truth is that structural capital is like a Gordian Knot since it may motivates or demotivates the human capital in performing. For instance, you may have in a university great professors, researchers and students, but if the academic management is not good, the university does not have an overall good performance.

3.That brings to a new idea: To make the difference between the potential intellectual capital and the operational intellectual capital. The potential intellectual capital is transformed into operational capital as a result of integrators. To understand easier, please think metaphorically how potential energy of a a river can be transformed into kinetic energy by following down upon a water wheel.

4.Integrators can be: technology and processes, management, leadership and organizational culture. These new ideas, as well as thinking in terms of rational intellectual capital, emotional intellectual capital and spiritual intellectual capital can be found in the papers attached.

5.To better understand the interaction between rational, emotional, and spiritual knowledge fields that lead to intellectual capital formation I would suggest you to read my new book: Organizational Knowledge Dynamics: Managing Knowledge Creation, Acquisition, Sharing, and Transformation.

Wishing you success!

Constantin Bratianu, Thank you very much for your suggestion and attcahments.

Regards

The intellectual capital is probably the most important asset for a company, though for some accountant experts claim that is a controversial statement. Even if a company posses the latest technology, or a manufacture company the latest machinery, is useless if the knowledge and the expertise of the employees does not reach a satisfactory level. The human element makes the difference and additionally supported and fortified by the essential means.

I believe that it is definitely a correlation between human capital and organization behaviour and it a duty from the HRM team to monitor and support. We cannot rely only to the talents or the competencies of the employees, but we must cultivate and develop them in order for our people upgrade their knowledge and skills.

Moreover, if we invest to our human capital, it most possible to achieve lower turnover rate, less absenteeism and eventually achieve the recognition as a best place to work.

You cannot drive a carriage to your destination, if there are no horses moving it.

Thank you

Nicolas

Organizational performance is the result of interaction of people, process and technology. While improved process and technology can be acquired through financial capital, Organizational intellectual capital is required to be developed through organizational knowledge management and skill development system. Intellectual capital is more important than financial capital, in order to create competitive advantage through innovation, resulting in improved organizational performance. Organizational growth is the function of People, Capital and Technology. Strategic use of both financial capital and human capital is essential for organizational sustainability.

There´s one undeniable way that gives the most appropriate answers to your questions.

Check the structure and experience of some of the fast growing companies. 

The answers are yes to each of your questions. But seems that what really matters is  the the correlation and level of influence, and the rigth proportion each item you propose has to have so the outcomes are as good as expected. 

 Check also

Intellectual Capital Measuring the Immeasurable - Wall, Kirk, Martin

whether you look at it from a business and management perspective or from a sociological and psychological perspective, the human capital is essential in ensuring performance. I suggest you look into the many articles in the Journal of Intellectual Capital. A useful way to look at how the three forms of capital interact in relation to knowledge especially in knowledge-intensive industries is the paper by Tomi Hussi, (2004) "Reconfiguring knowledge management – combining intellectual capital, intangible assets and knowledge creation", Journal of Knowledge Management, Vol. 8 Iss: 2, pp.36 - 52 (http://www.emeraldinsight.com/doi/abs/10.1108/13673270410529091). In this paper he makes a distinction, following Ahonen, between generative and commercially exploitable intangible assets and shows how, in relation to knowledge, the two work together through the culture of the organisation and the relational capital. My main issue though is that while we measure performance in relation to the tangible assets it produces, we are still poor in assessing the value of the intangible assets locked in the human, structural and relational capital.

`Physical Assets like land, building, plant & machinery are constantly loosing value against intellectual capital which creates IPR. Therefore, there is no no doubt that intellectual capital has a relation with the organization's performance.

This topic also brings another critical question:

For what sort of industry and what size of company?

No doubt the intelectual capital has a strong correlation with performance, the curve shows the highest strength where the knowledge intensive business is concerned.

Not to mention the extrem impact on Research Centres and Science Labs

Of course a number of skills apply, so knowledge also plays an important role in small businesses,

This may seem obvious, but as risk is normally at stake, the optimal combination of knowledge X price X performance is rather preferred than knowledge X performance.

Having this said, a multivariation of possibilities takes place, as well as the oportunities and risks they promote.

please refer to,

Information Management Model for Intellectual Capital of HEIs in Oman: Theoretical Quantitative Approach and Practical Results. J. of Information and Knowledge Management, 2018, Vol. 17, No. 1, pp.1-38. (World Scientific).

Regards

There can be no doubt that the intelectual capital has a strong correlation with performance. The relationship is more prominent in technology intensive industry.

Yes

As the world is moving towards digitization, Intellectual capital is becoming more and more important.

Yes; There is a significance impact of intellectual capital on organizational performance in any organization.