Intellectual Capital (IC) and Competitive Advantage in selected Pharmaceutical Firms in South-East Nigeria
Publication Date: 28/06/2019
Author(s): Dr. Ikon Michael A., U. O. Ochumba.
Volume/Issue: Volume 2 , Issue 2 (2019)
Abstract:
Intellectual capital is a key human resource contributor to any organization’s survival if properly harnessed. The broad objective of the study was to ascertain the extent of relationship that exists between Intellectual Capital (IC) and Competitive Advantage in selected pharmaceutical Firms in South-East Nigeria. The study adopted a survey research design. Population if the study was 1120 employees and sample size 295 employees derived by using Taro Yamane’s formula. Pearson’s Product Moment Correlation coefficient was used in data analysis. Findings indicated that employee competence had a significant positive relationship with organizational learning capability in the selected Pharmaceutical Firms in South-East Nigeria (cal. r. 793> crit. r. 138). The study concluded that intellectual capital plays a major role and significantly impacts on competitive advantage of the studied firms, and recommended to the management of the studied firms to focus on the competence level of prospective employees while recruiting as this would make them fit into the organization and job seamlessly and increase their learning capability.
