Intellectual Capital and Organizational Performance of Oil Companies in Port Harcourt, Nigeria

Abstract

The study sought to examine the relationship between intellectual capital and organizational performance in oil companies in Port Harcourt, using a cross-sectional survey design; the data for the study was generated from four oil companies in Rivers State University. Data analysis was done with Spearman rank order correlation coefficient with statistical package for social science (SPSS) aided. The outcome was presented using tables, frequencies, and simple percentages. The result showed that: there is a significant relationship between human capital and organizational performance and there is a significant relationship between organizational capital and organizational performance. There is a significant relationship between relational capital and organizational performance. We further concluded that intellectual capital can be used effectively to impact or enhance the performance of the organization. And that organization should effectively manage intellectual capital policies as it has proven to be an effective way effectively to sustain the growth of the organization. The organization should keep on improving in its technology and be more concerned about its employees, customers, and suppliers in order to achieve its goals and objectives.

References

1. Ali I, Akhter W, Afzal H et al. Effects of knowledge management practices on organizational innovativeness and performance: Evidence from SME sector of Pakistan. Actual problems of economics 2010; 2(2): 3-7.
2. Babbie E. The Practice of Social Science. Belmont CA: Wadsworth 1998.
3. Barney JB. Gaining and Sustaining Competitive Advantage, Upper Saddle Rivers. NJ: Prentice-Hall 2002.
4. Bartlett CA, Ghoshal S. Beyond strategic planning to organization learning: Lifeblood of the individualized Corporation. Strategy & leadership 1998; 26(1): 34-39.
5. Bleakley Hoyt. Disease and development: Evidence from hookworm eradication in the American South. Quarterly Journal of Economics 2007; 122: 73-117.
6. Brenes ER, Mena M, Molina GE. Key success factors for strategy implementation in Latin America. Journal of Business Research 2008; 61(6): 590-98.
7. Carton RB, Hofer CW. Measuring Organizational Performance: Metrics for Entrepreneurship andStrategic Management Research. Northampton: Edward Elgar Publishing 2006.
8. Collins JC. Good to Great: Why Some Companies Make the Leap...and Other Don’t. Harper Business 2001.
9. Collins JC, Porras JI. Built to last: Successful Habits of Visionary Companies. New York: Harper Business 1994.
10. Damanpour F, Kathryn A, Szabat et al. The relationship between types of innovation and organizational performance. Journal of Management Studies 1989; 26: 587-601.
11. Edvinsson L, Malone M. Intellectual Capital: Realizing Your Company’s True Value by Finding Its Hidden Brainpower, 1st edition. New York: Harper Business 1997.
12. Floud R, Robert W. Fogel, Bernard H et al. The Changing Body: Health, Nutrition, and Human Development in the Western World since 1700. Cambridge: Cambridge University Press 2011.
13. Coleman D. Working with Emotional Intelligence. New York: Bantam Books 2006.
14. Johnson, Scholes. Exploring Corporate Strategy, 8th Edition. Prentice Hall 2008.
15. Johnson et al. Hope and operational sustainability of oil companies in Port Harcourt. West African Journal of Business 2017; 12(1): 133-46.
Published
2021-08-11
How to Cite
HART, Simon Emmanuel. Intellectual Capital and Organizational Performance of Oil Companies in Port Harcourt, Nigeria. Journal of Advanced Research in Petroleum Technology & Management, [S.l.], v. 4, n. 3&4, p. 20-27, aug. 2021. ISSN 2455-9180. Available at: <http://thejournalshouse.com/index.php/petroleum-tech-mngmt-adr-journal/article/view/248>. Date accessed: 19 may 2024.