The Effect of Invisible Social, Human and Organizational Assets on Knowledge Productivity: The Case Study of Pharmaceutical Companies in Iran

Subject Areas : Business Management

Reza Sepeh vand ¹ , Mohsen Aref Nezhad ²

1 - Associate Professor, Department of Management, Lorestan University, Iran
2 - Assistant Professor, Department of Management, Lorestan University, Iran

Received: 2017-01-31 Accepted : 2018-06-14 Published : 2019-02-20

Keywords: Human Capital, Social capital, Invisible Assets, Knowledge Productivity Organizational Capital,

Abstract :

The increase in complexification of business competition, especially in pharmaceutical knowledge-based industries and organizations, has highlighted the role of invisible capital. In fact, the growth in the intensity of competition is accompanied by a parallel increase in the significance of invisible assets and a drastic reduction in the importance of physical capital. The aim of this study was to investigate the effects of social, human and organizational assets on knowledge productivity in Iranian drug companies. The research population consisted of the nation-wide pharmaceutical industry and the research sample comprised sub-holding Drug Supply Companies (TPICO). The research data were collected using Human Capital Questionnaire (Sabramanyam & Yandt, 2005), Organizational Capital Questionnaire (Davenport & Prusak, 1998), Social Capital Questionnaire (Burt, 1992) and Knowledge Productivity Questionnaire (Gupta & Govindarajan, 2000). The findings verified the significant and positive impact of the three dimensions of invisible assets on the knowledge productivity in the pharmaceutical companies in Iran.

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