Abstract—The number of failed startup companies greatly exceed the ones that managed to survive. Small and medium company’s inability to survive in business competition is generally caused by the company’s weak performance. In the era of knowledge-based economy, intangible resources are deemed crucial for companies to be focused on. Startup is a kind of company that relies heavily on intangible assets.
Intellectual capital is one form of intangible resources that can be managed by the company to gain a competitive advantage. Based on the existing literature, it can be concluded that there is a gap between intellectual capital and performance management for startup to survive. The performance of the company's business is fundamentally driven by competitive advantage. To be able to create a competitive advantage, company should focus on knowledge-sharing activity as it would create a platform for innovation, thus enhances the whole performance. This study attempts to fill that gap by building a model that shows the effect of intellectual capital on company performance through the process of knowledge sharing and innovation.
The results show that there are significant direct relationships from human capital to structural capital and innovation; from structural capital to relational capital; from relational capital to knowledge sharing; and from innovation to company performance. There are on the other hand, indirect relationship between human capital and company performance through structural capital, relational capital, knowledge sharing, and innovation process. Significant mediating effect is shown by the variable of innovation in the relationship between knowledge sharing and the company performance. The results of this study are expected to become an evaluation and improvement framework for startup companies in Indonesia.
Index Terms—Intellectual capital, knowledge sharing innovation, performance.
Iwan Inrawan Wiratmadja and Sarif Mubdi Jantika are with Department of Industrial Engineering, Bandung Institute of Technology, Indonesia (email: iwan@lspitb.org, sarif.mj@gmail.com).
Augustina Asih Rumanti is with Departement of Industrial Engineering, Bandung Institute of Technology, Indonesia and Department of Industrial Engineering, Telkom University, Indonesia (email: augustinaar@gmail.com).
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Cite: Iwan Inrawan Wiratmadja, Augustina Asih Rumanti, and Sarif Mubdi Jantika, "Influence of Intellectual Capital, Knowledge Sharing, and Innovation on Indonesian Startup Companies: A Development of Conceptual Framework ," International Journal of Knowledge Engineering vol. 4, no. 1, pp. 30-35, 2018.
