Home⇛Psychology and Education: A Multidisciplinary Journal⇛vol. 24 no. 7 (2024)

Elucidating Intellectual Capital and its Impact to Entrepreneurship Strategy among Medium-Sized Companies

Sarah Jane Orillosa | Xyza Kristine Wee | Relyn Almirol | Christine Buagas | Kryzia Loraine Jorillo | Trisha Vanessa Tamalla

Discipline: Education

 

Abstract:

In the evolving landscape of medium-sized enterprises, intellectual capital has been an essential component of entrepreneurship strategy. The purpose of this study is to determine the significant relationship between intellectual capital- comprising of structural, human and customer capital- and entrepreneurship strategy- in the aspects of creative capabilities, risk taking and entrepreneurial culture. The study is focused and limited only to medium-sized companies which provide a localized perspective as it employs a descriptive-correlational research design and a purposive sampling technique, intentionally selecting fifty employees from various medium-sized companies. Moreover, the data was gathered using a modified version of an existing questionnaire, which included sections on demographics, level of intellectual capital, and level of entrepreneurship strategy. The findings demonstrated that there is a high degree of intellectual capital in medium-sized companies. It was also discovered that there is a high level of entrepreneurship strategy in the same sector. Furthermore, the study discovered a substantial association between intellectual capital and the entrepreneurial approach of medium-sized businesses. This means that as intellectual capital increases, the entrepreneurship strategy tends also to increase.



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