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"Our most valuable knowledge-based assets": Leveraging the role of human capital for organizational sustainability

14 pagesPublished: June 20, 2022

Abstract

Research on intellectual capital provides compelling evidence that human capital (HC) plays a critical role individually and in conjunction with sustainable-based performance. Academics' interest in HC is growing in gravity to achieve a firm's sustainability, particularly in comparison to natural, financial, and economic capital. Both developed and developing countries emphasize HC development to speed economic growth by allocating the required time and resources. There is a multitude of information about how HC can aid organizational performance, but little endeavors on how organizations become more sustainable. With this intention, the study delineates to scrutinize by proposing a conceptual framework that how the transition to a knowledge- based economy has elevated the significance of enterprises' HC and organizational sustainability perceptions. The underlying propositions of "intellectual capital-based view theory" suggest a novel "knowledge-intensive" or "intellectual-based" framework for achieving competitive advantage or sustainability in which intellectual capital, e.g., HC, is viewed as knowledge-related resources rather than intangible assets. The proposed model may spark new research agenda on how social and environmental considerations aligned with financial performance through HC in organizations. In practice, the study can enlighten top management about the diverse role of HC in its dimensions, which is imperative in any strategic situation and consequences turn into sustainable business performance.

Keyphrases: conceptual framework, human capital, Intellectual capital-based view theory, Organizational Sustainability

In: Knut Hinkelmann and Aurona Gerber (editors). Proceedings of the Society 5.0 Conference 2022 - Integrating Digital World and Real World to Resolve Challenges in Business and Society, vol 84, pages 72--85

Links:
BibTeX entry
@inproceedings{Society5.0-2022:Our_most_valuable_knowledge_based,
  author    = {Marjea Jannat Mohua and Wan Fadzilah Wan Yusoff},
  title     = {"Our most valuable knowledge-based assets": Leveraging the role of human capital for organizational sustainability},
  booktitle = {Proceedings of the Society 5.0 Conference 2022 - Integrating Digital World and Real World to Resolve Challenges in Business and Society},
  editor    = {Knut Hinkelmann and Aurona Gerber},
  series    = {EPiC Series in Computing},
  volume    = {84},
  pages     = {72--85},
  year      = {2022},
  publisher = {EasyChair},
  bibsource = {EasyChair, https://easychair.org},
  issn      = {2398-7340},
  url       = {https://easychair.org/publications/paper/pwqs},
  doi       = {10.29007/pk48}}
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