Strengthening of Intellectual Capital Dimension

Sri Sarjana, Nur Khayati, Lis Warini, Praswiyati Praswiyati

Abstract

The main objective of this research is to explore capabilities related to trust, self-efficacy, intellectual capital and job satisfaction at head-hunter companies in Indonesia. Development of human resources needs to be done through the strengthening of intellectual capital. Intellectual capital is needed head-hunter in improving company performance. The key to successful head-hunter companies if it has human resources that have added value, especially strong intellectual capital. Research sampling was conducted on 253 candidates who utilize head-hunter services an effort to develop themselves. Quantitative research was developed by utilizing structural equation modeling. Research model developed head-hunter companies that describes intellectual capital as research findings refers to previous model of research. This finding concludes that trust and self-efficacy have significant influence on intellectual capital. Another conclusion stated that intellectual capital has significant effect on job satisfaction. The concept states that intellectual capital can be integrated in global perspective as framework for developing an organization.

Keywords

The main objective of this research is to explore capabilities related to trust, self-efficacy, intellectual capital and job satisfaction at head-hunter companies in Indonesia. Development of human resources needs to be done through the strengthening of i

Full Text:

PDF

References

Abazeed, R. A. M. 2017. The Impact of Intellectual Capital Dimensions on Organizational Performance of Public Hospitals in Jordan. Global Journal of Management and Business Research: a Administration and Management. 17 (5): 42-52.

Abeh, O. 2017. The Problems and Prospects of Small and Medium Scale Enterprises (SMEs) Growth and Development in Nigeria: a Study of Selected SMEs in Delta State. International Journal of Scientific Research in Education. 10 (3): 278-294.

Agbozo, G. K., Owusu, I. S., Hoedoafia, M. A & Atakorah, Y. B. 2017. The Effect of Work Environment on Job Satisfaction: Evidence from the Banking Sector in Ghana. Journal of Human Resource Management. 5 (1): 12-18.

Akgün, A. E., Ince, H., Imamoglu, S. Z., Keskin, H & Kocoglu, I. 2014. The Mediator Role of Learning Capability and Business Innovativeness between Total Quality Management and Financial Performance. International Journal of Production Research. 52 (3): 888-901.

Allami. F. B., Omar-Fauzee, M. S & Sin, I. 2017. Professional Learning Community and Self-efficacy among Teachers in Iraq. International Journal of Physical Education, Sports and Health. 4 (4): 64-69.

Andersen, H. V & Sorensen, E. K. 2017. Enhancing Understanding, Flow and Self‐Efficacy in Learners with Developmental and Attention Difficulties through ICT‐based Interventions. European Journal of Open, Distance and e‐Learning. 20 (1): 153-174.

Andriessen, D. 2004. IC Valuation and Measurement: Classifying the State of the Art. Journal of Intellectual Capital. 5 (2): 230-242.

Angela, B & Michael, A. 2007. Human capital management. London: Kogan Page.

Arekar, K., Jain, R., Desphande, B & Sherin, P. 2016. Relationship Between Individual and Structural Determinants on Job Satisfaction-Analysis of Employee Turnover in the Indian Context. The Journal of Developing Areas. 50 (6): 387-398.

Ariff, A. H. M., Islam, A & van-Zijl, T. 2016. Intellectual Capital and Market Performance: the Case of Multinational R&D Firms in the U.S. The Journal of Developing Areas. 50 (5): 487-495.

Asiaei, K & Jusoh, R. 2015. A Multidimensional View of Intellectual Capital: the Impact on Organizational Performance. Management Decision. 53 (3): 668-697.

Attiq, S., Rasool, H & Iqbal, S. 2017. The Impact of Supportive Work Environment, Trust and Self-Efficacy on Organizational Learning and Its Effectiveness: a Stimulus-Organism Response Approach. Business & Economic Review. 9 (2): 73-100.

Aurah, C. 2017. Investigating the Relationship between Science Self-efficacy Beliefs, Gender and Academic Achievement, among High School Students in Kenya. Journal of Education and Practice. 8 (8): 146-153.

Bandura, A. 1986. Social Foundations of Thought and Action: a Social Cognitive Theory. NJ: Prentice-Hall.

Bandura, A. 1995. Self-efficacy in Changing Societies. New York: Cambridge University Press.

Baron, R. M & Kenny, D. A. 1986. The Moderator-Mediator Variable Distinction in Social Psychological Research: Conceptual, Strategic and Statistical Considerations. Journal of Personality and Social Psychology. 51 (6): 1173-1182.

Berry, G. R. 2011. A Cross-Disciplinary Literature Review: Examining Trust on Virtual Teams. Performance Improvement Quarterly. 24 (3): 9-28.

Berry, J. 2004. Tangible Strategies for Intangible Assets: How to Manage and Measure Your Company’s Brand, Patents, Intellectual Property and Other Sources of Value. New York: McGraw-Hill.

Bontis, N. 2004. National Intellectual Capital Index: a United Nations Initiative for the Arab Region. Journal of Intellectual Capital. 5 (1): 13-39.

Bontis, N. B & Fitz-Enz, J. 2002. Intellectual Capital ROI a Causal Map of Human Capital Antecedents and Consequences. Journal of Intellectual Capital. 3 (3): 223-247.

Bontis. N, 1999. Managing Organizational Knowledge by Diagnosing Intellectual Capital: Framing and Advancing the State of the Field. International Journal of Technology Management. 18 (5-8): 433-462.

Brown, S. P., Ganesan, S & Challagalla, G. 2001. Self-Efficacy as a Moderator of Information-Seeking Effectiveness. Journal of Applied Psychology. 86 (5): 1043-1051.

Byrne, B. M. 2010. Structural Equation Modeling with AMOS: Basic Concepts, Applications and Programming, 2 Edition. New York: Routledge Taylor & Francis Group.

Chatzkel, J. L. 2004. Human Capital: the Rules of Engagement are Changing. Lifelong learning in Europe. 9 (3): 139-145.

Chell, E., Spence, L. J., Perrini, F & Harris, J. D. 2016. Social Entrepreneurship and Business Ethics: Does Social Equal Ethical: Journal Business Ethics. 133 (4): 619-625.

Chen, J., Zhu, Z & Xie, H. Y. 2004. Measuring Intellectual Capital: a New Model and Empirical Study. Journal of Intellectual Capital. 5 (1): 195-212.

Chew, A & Sharma, R. S. 2014. A General Theory of Innovation and National Intellectual Capital. International Journal of Engineering Innovation & Research. 3 (1): 108-115.

Choopani, D & Ehtesham, A. 2016. Influence of Intellectual Capital Components on Financial Performance of Companies in Food Industries. Journal of Current Research in Science. S (1): 431-439.

Choudhury, J & Mishra, B. B. 2010. Theoretical and Empirical Investigation of Impact of Developmental HR Configuration on Human Capital Management. International Business Research. 3 (4): 181-186.

Chovwen, C. 2012. Predictors of Organizational Commitment of Factory Employees. Ife Psychologia. 20 (2): 184-191.

Coff, R. W. 2002. Human Capital, Shared Expertise and the Likelihood of Impasse in Corporate Acquisitions. Journal of Management. 28 (1): 107-128.

Cricelli, L & Grimaldi, M. 2010. Knowledge‐based Inter-Organizational Collaborations. Journal of Knowledge Management. 14 (3): 348-358.

Daneshvar, M. 2017. Intellectual Capital and Organizational Performance in Insurance Industry. Journal of Administrative Management, Education and Training (JAMET). 13 (1): 490-504.

Darrough, O. G. 2006. An Examination of the Relationship between Organizational Trust and Organizational Commitment in the Workforce. Proquest Dissertations and Theses Database. UMI No. 3217977.

Delery, J. E., Roumpi, D & Walton, S. M. 2017. Strategic Human Resource Management, Human Capital and Competitive Advantage: is the Field going in Circles?. Human Resource Management Journal. 27 (1): 1-21.

Delgado-Verde, M., Castro, G. M & Navas-López, J. E. 2011. Organizational Knowledge Assets and Innovation Capability: Evidence from Spanish Manufacturing Firms. Journal of Intellectual Capital. 12 (1): 5-19.

Dewhurst, F. W & Navarro, J. G. C. 2004. External Communities of Practice and Relational capital. The learning organization. 11 (4/5): 322-331.

DiClemente, C. C., Fairhurst, S & Piotrowski, N. 1995. The Role of Self-Efficacy in the Addictive Behaviors. In J. Maddux (Ed.), Self-Efficacy, Adaptation and Adjustment: Theory, Research and Application (pp. 109-142). New York: Plenum Press.

Djomo, J. M. N & Sikod, F. 2012. The Effects of Human Capital on Agricultural Productivity and Farmer’s Income in Cameroon. International Business Research. 5 (4): 149-159.

Driskell, J. E & Salas, E. 1992. Collective Behavior and Team Performance. Human Factors. 34 (3): 277-288.

Edvinsson, L & Malone, M. 1997. Intellectual Capital: Realizing Your Company’s True Value by Finding its Hidden Brainpower. New York: Harper Business.

Feldmann, H. 2017. Economic Freedom and Human Capital Investment. Journal of Institutional Economics. 13 (2): 421-445.

Finn, R. 2003. Human-Capital Management (HCM): a Three-Letter Acronym too Far for HR or the Way to Get the People Agenda on to that of the Board. Human Resource Management International Digest. 11 (5): 2-4.

Getahun, T., Tefera, B. F & Burichew, A. H. 2016. Teacher’s Job Satisfaction and Its Relationship With Organizational Commitment in Ethiopian Primary Schools: Focus on Primary Schools of Bonga Town. European Scientific Journal. 12 (13): 380-401.

Gibson, C. B & Cohen, S. G. 2003. Virtual Teams That Work: Creating Conditions for Virtual Team Effectiveness. CA: Jossey-Bass.

Gibson, S. K. 2004. Social Learning (Cognitive) Theory and Implications for Human Resource Development. Advances in Developing Human Resources. 6 (2): 193-210.

Griffeth, R. W., Hom, P. W & Gaertner, S. 2000. A Meta-Analysis of Antecedents and Correlates of Employee Turnover: Update, Moderator Tests and Research Implications for the Next Millennium. Journal of Management. 26 (3): 463-488.

Griffin, R. W & Moorhead, G. 2014. Organizational Behavior: Managing People and Organizations, Eleventh Edition. South-Western: Cengage-Learning.

Hair, J., Black, W. C., Babin, B. J & Anderson, R. E. 2010. Multivariate Analysis, 7th Edition. New Jersey: Pearson Education International.

Harrison, A. W., Rainer., K. R., Hochwarter, W. A & Thompson, K. R. 1997. Testing the Self-Efficacy Performance Linkage of Social-Cognitive Theory. Journal of Social Psychology. 137 (1): 79-87.

Hasan, S. Y., Bashir, M., Abrar, M., Baig, S. A & Zubair, A. 2015. The Impact of Transformational Leadership on Employee’s Creative Self-Efficacy: the Moderating Role of Cognitive Diversity. International Journal of Information, Business and Management. 7 (3): 251-262.

Hashemi, J & Sadeqi, D. 2016. The Relationship between Job Satisfaction and Organizational Climate: a Case Study of Government Departments in Divandarreh. World Scientific News. 45 (2): 373-383.

Heap, S. P. H., Tan, J. H. W & Zizzo, D. J. 2013. Trust, Inequality and the Market. Theory and Decision. 74 (3): 311-333.

Hellman, C. M. 1997. Job Satisfaction and Intent to Leave. Journal of Social Psychology. 137 (6). 677-689.

Huang, C., Luther, R & Tayles, M. 2007. An Evidence-based Taxonomy of Intellectual Capital. Journal of Intellectual Capital. 8 (3): 386-408.

Isaac, R. G., Herremans, I. M & Kline, T. J. 2010. Intellectual Capital Management Enablers: a Structural Equation Modeling Analysis. Journal of Business Ethics. 93 (3): 373-391.

Izvercian, M., Seran, S. A & Buciuman, C. 2013. Transforming Usual Consumers into Prosumers with the Help of Intellectual Capital Collaboration for Innovation. International Journal of Information and Education Technology. 3 (3): 388-392.

Jiang, Y & Chen, W. 2017. Effects of Organizational Trust on Organizational Learning and Creativity. EURASIA Journal of Mathematics Science and Technology Education. 13 (6): 2057-2068.

Keiningham, T., Gupta, S., Aksoy, L & Buoye, A. 2014. The High Price of Customer Satisfaction. MIT Sloan Management Review. 55 (3): 37-46.

Khan, S. N & Ali, E. I. E. 2017. The Moderating Role of Intellectual Capital between Enterprise Risk Management and Firm Performance: A Conceptual Review. American Journal of Social Sciences and Humanities. 2 (1): 9-15.

Kosevic, A & Loh, J. 2015. For Love: the Mediating Role of Self Efficacy on Workaholism, Job Satisfaction and Burnout. International Journal of Arts & Sciences. 08 (02): 493-505.

Kotler, P. 2000. Marketing management, the Millennium Edition. NJ: Prentice-Hall.

Lin, C. Y. Y & Edvinsson, L. 2011. National Intellectual Capital: a Comparison of 40 Countries. New York: Springer.

Luhmann, N. 1979. Trust and Power: Two Works. NY: Wiley.

Luthans, F., Zhu, W & Avolio, B. 2006. The Impact of Efficacy on Work Attitudes Across Cultures. Journal of World Business. 41 (2): 121-132.

Mangundjaya, W. L. H. 2015. People or Trust in Building Commitment to Change. The Journal of Developing Areas. 49 (5): 67-78.

Mayer, R. C., Davis, J. H & Schoorman, F. D. 1995. An Integrative Model of Organizational Trust. The Academy of Management Review. 20 (3): 709-734.

Meydan, C. H & Sesen, H. 2011. Yapısal Eşitlik Modellemesi AMOS Uygulamaları. Ankara: Detay Yayıncılık.

Morita, P. P & Burns, C. M. 2014. Trust Tokens in Team Development. Journal of Team Performance Management. 20 (1/2): 39-64.

Muris, P. 2002. Relationships Between Sself-Efficacy and Symptoms of Anxiety Disorders and Depression in a Normal Adolescent Sample. Personality and Individual Differences. 32 (2): 337-348.

Nazenin, S & Palupiningdyah. 2014. Peran Stres Kerja dan Kepuasan Kerja untuk Mengurangi Turnover Intention. Jurnal Dinamika Manajemen. 5 (2): 220-227.

Olowodunoye, S. A. 2015. Knowledge Sharing Behavior: the Role of Self-Efficacy, Organizational Justice and Organizational Tenure. European Scientific Journal. 11 (17): 254-264.

Orugun, J. J & Aduku, D. J. 2017. Intellectual Capital and Organizational Performance in a Competitive Business Environment: a Review. Asian Research Journal of Arts & Social Sciences. 4 (1): 1-9.

Pfeffer, J. 1994. Competitive advantage through people: unleashing the power of the workforce. MA: Harvard Business School Press.

Piri, M., Jasemi, M & Abdi, M. 2013. Intellectual Capital and Knowledge Management in the Iranian Space Industries. VINE: the Journal of Information and Knowledge Management System. 43 (3): 341-356.

Pirson, M & Malhotra, D. 2008. Unconventional Insights for Managing Stakeholder Trust. MIT Sloan Management Review. 49 (08-057): 43-50.

Putra, M. S., Herawati, N. T & Wahyuni, M. A. 2017. The Effect of Human Capital, Structural Capital, Customer Capital and Good Corporate Governance on Companies Profitability. JIMAT: Jurnal Ilmiah Mahasiswa Akuntansi S1. 7 (1).

Putri, V. W & Yuniawan, A. 2016. Organizational Effectiveness: Social Capital and Competitive Advantage Approach. Jurnal Dinamika Manajemen. 7 (1): 76-90.

Rickards, T & Moger, S. 2000. Creative Leadership Processes in Project Team Development: an Alternative to Tuckman’s Stage Model. British Journal of Management. 11 (4): 273-283.

Robbins, S. P & Judge, T. A. 2013. Organizational Behavior, 15 Edition. New Jersey: Prentice Hall.

Roos, J., Roos, G., Dragonetti, N. C & Edvinsson, L. 1998. Intellectual Capital: Navigating in the New Business Landscape. NY: New York University Press.

Rousseau, D. M., Sitkin, S. B., Burt, R. S & Camerer, C. 1998. Not So Different After All: a Cross-Discipline View of Trust. Academy of Management Review. 23 (3): 393-404.

Salas, E., Goodwin, G. F & Burke, C. S. 2008. Team Effectiveness in Complex Organizations: Cross-disciplinary Perspectives and Approaches. New York: Routledge.

Setiani, B. 2013. Kajian Sumber Daya Manusia Dalam Proses Rekrutmen Tenaga Kerja di Perusahaan. Jurnal Ilmiah Widya. 1 (1): 38-44.

Shahrzad, S. Z & Alavi, S. A. 2009. Career Orientation and Internal Authorities for Software Producers. Iran Management Sciences Quarterly. 16: 55-84.

Shamsudin, L. I & Yian, R. Y. M. 2013. Exploring the Relationship between Intellectual Capital and Performance of Commercial Banks in Malaysia. Review of Integrative Business & Economics Research. 2 (2): 326-372.

Smriti, N & Das, N. 2017. Impact of Intellectual Capital on Business Performance: Evidence from Indian Pharmaceutical Sector. Polish Journal of Management Studies. 15 (1): 232-243.

Souleh, S. 2014. The Impact of Human Capital Management on the Innovativeness of Research Center: the Case of Scientific Research Centers in Algeria. International Journal of Business and Management. 2 (4): 80-96.

Stajkovic, A. D & Luthans, F. 1998. Social Cognitive Theory and Self-Efficacy: Going beyond Traditional Motivational and Behavioral Approaches. Organizational Dynamics. 26 (4) 62-74

Stella, A. O. 2015. Knowledge Sharing Behavior: the Role of Self-Efficacy, Organizational Justice and Organizational Tenure. European Scientific Journal. 11 (17): 254-264.

Stewart, T. A. 1997. Intellectual Capital, the New Wealth of Organizations. USA: Currency Doubleday.

Stewart, T. A. 2003. The Wealth of Knowledge: Intellectual Capital and the Twenty-First Century Organization. New York: Doubleday.

Su, H. 2014. Business Ethics and the Development of Intellectual Capital. Journal Business Ethics. 119 (1): 87-98.

Sudarma, K. 2012. Mencapai Sumber Daya Manusia Unggul (Analisis Kinerja dan Kualitas Pelayanan). Jurnal Dinamika Manajemen. 3 (1). 78-83.

Sullivan, P. H. 2000. Value-Driven Intellectual Capital: How to Convert Intangible Corporate Assets into Market Value. Canada: John Wiley and Sons.

Tai, W. T. 2006. Effects of Training Framing, General Self-Efficacy and Training Motivation on Trainees, Training Effectiveness. Personnel Review. 35 (1): 51-65.

Tayles, M., Pike, R. H & Sofian, S. 2007. Intellectual Capital, Management Accounting Practices and Corporate Performance: Perceptions of Managers. Accounting, Auditing & Accountability Journal. 20 (4): 522-548.

Thakor, V. T & Joshi, A. W. 2005. Motivating Salesperson Customer Orientation: Insights from the Job Characteristics Model. Journal of Business Research. 58 (5): 584-592.

Thompson, C & Lane, S. 2014. Intelligence and Job Satisfaction in the USA and China. Journal of Technology Management in China. 9 (3): 232-244.

Türkoğlu, M. E., Cansoy, R & Parlar, H. 2017. Examining Relationship between Teachers’ Self-efficacy and Job Satisfaction. Universal Journal of Educational Research. 5 (5): 765-772.

Varma, C. 2017. Important of Employee Motivation & Job Satisfaction for Organizational Performance. International Journal of Social Science & Interdisciplinary Research. 6 (2): 10-20.

Verma, T & Dhar, S. 2016. the Impact of Intellectual Capital on Organizational Effectiveness: a Comparative Study of Public and Private Sectors in India. The IUP Journal of Knowledge Management. 14 (3): 7-27.

Weick, K. E & Roberts, K. H. 1993. Collective Mind in Organizations: Heedful Interrelating on flight Decks. Administrative Science Quarterly. 38 (3): 357-381.

Yadak, S. M. A. 2017. The Impact of the Perceived Self-Efficacy on the Academic Adjustment among Qassim University Undergraduates. Open Journal of Social Sciences. 5 (1): 157-174.

Yongjun, X. 2013. Research of the Effectiveness of the Growth of Smes under Intellectual Capital Driven-based on the Empirical Analysis of SMES in Cina Listed Companies. Information Technology Journal. 12 (20): 5669-5672.

Yoon, A. 2014. End Users’ Trust in Data Repositories: Definition and Influences on Trust Development. Arch Sci. 14 (1): 17-34.

Zarbakhsh, M., Pourhassani, S. A., Rahmani, M., Rad, M. M & Poor, E. K. 2015. The Relationship between Time Management, Self-Efficacy and Entrepreneurship among Students. European Online Journal of Natural & Social Sciences. 4 (1): 211-218.

Zigan, K., Macfarlane, F & Desombre, T. 2008. Intangible Resources as Performance Drivers in European Hospitals. International Journal of Productivity and Performance Management. 57 (1): 57-71.

View Counter: Abstract - 937 and PDF - 676

Refbacks

  • There are currently no refbacks.


Bookmark and Share