What is structural capital in knowledge management?

Structural capital is the supportive non-physical infrastructure that enables human capital to function. Innovation capital includes intellectual property and certain other intangible assets. Intellectual property includes protected commercial rights such as patents, copyrights and trademarks.

What is the relationship between intellectual capital and knowledge management?

H1: Intellectual capital has a positive effect on knowledge management. Synthesizing KBV, our literature review also suggests that KM affects the accumulation and development of IC. The discussion of the knowledge-creating company (Nonaka & Takeuchi, 1995) recognizes the effect of KM on the creation of new knowledge.

How social capital and knowledge are interrelated?

In other words, the development of higher levels of structural social capital will allow a firm to acquire knowledge that is highly valuable if this firm is able to previously build and develop capabilities in order to identify this knowledge value.

What is the importance of structural capital?

Strong structural capital in an organization involves a culture of support that allows individuals to try new things and learn from mistakes (Bontis, 1998). Structural capital has the potential to contribute to human capital development by facilitating the exchange of knowledge (Carson et al., 2004).

What is the relationship between human structural and relationship capital?

human capital — its people, 2. relational capital — the value relating to its relationships , and 3. structural capital — everything that is left when the employees go home). It consists of the supportive infrastructure, processes, and databases of the organization that enable human capital to function.

What are some examples of structural capital?

10 Examples of Structural Capital

• Data. Data such as a list of customers.
• Documentation. Information created by employees to document processes, procedures, policy, know-how, research, decisions, failures and any other useful knowledge.
• Media. Media such as a training video.
• Principles.
• Processes.
• Procedures.
• Methods.
• Tools.

What is the difference between intellectual capital and knowledge management?

Intellectual capital is considered the next step in knowledge management. IC is the organizational value added when the organization’s knowledge assets are leveraged. Intellectual capital includes human capital, organizational capital, and the relational capital.

What is the relationship between organizational learning and knowledge management?

There are various ways to conceptualize the relationship between knowledge management and organizational learning. Easterby-Smith and Lyles (2003) consider OL to focus on the process, and KM to focus on the content, of the knowledge that an organization acquires, creates, processes and eventually uses.

What is structural social capital?

Structural social capital is a dimension of social capital that relates to the properties of the social system and of the network of relations as a whole. The term describes the impersonal configuration of linkages between people or units.

What is social capital theory?

Social capital theory contends that social relationships are resources that can lead to the development and accumulation of human capital. In evolutionary terms, social capital can be defined as any feature of a social relationship that yields reproductive benefits.

What are the important elements of capital structure?

Components of Capital Structure in Banking Companies Capital Structure refers to the proportion of money that is invested in a business. It has four components and it includes Equity Capital, Reserves and Surplus, Net Worth, Total Borrowings.

What is the difference between structural and knowledge capital?

Structural capital may include intellectual property such as databases, code, patents, proprietary processes, trademarks, software, and more. Knowledge capital is the value of an organization made up of its knowledge, relationships, learned techniques, procedures, and innovations.

What is knowknowledge capital?

Knowledge capital, also known as intellectual capital, is used to describe the intangible portion of a business’s value. Knowledge capital adds to and protects the value of a company’s goods and services.

What are the three components of knowledge capital?

Knowledge Capital Components. Knowledge capital has three main components: Human capital: The contributions made to an organization by its employees utilizing their talents, skills and expertise. Human capital is possessed only by individual, but may be harnessed and exploited by an organization, not owned outright.

What is the relationship between knowledge capital and organizational performance?

Organizations with high knowledge capital may be more profitable or productive compared to organizations with lower knowledge capital. Businesses develop knowledge capital by encouraging employees to share information through white papers, seminars, and person-to-person communication.