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Information Journal Paper

Title

THE RELATIONSHIP BETWEEN INTELLECTUAL CAPITAL AND PRODUCTIVITY IN PHARMACEUTICAL COMPANIES

Pages

 Start Page 73 | End Page 91

Abstract

 The purpose of this paper is investigating the relationship between the elements of intellectual capital and productivity for pharmaceutical companies listed in Tehran Stock Exchange. Samples of 19 companies were examined. To determine productivity (dependent variable), the ratio of the value added per employee has been applied. In addition, the criteria of EFFICIENCY INTELLECTUAL CAPITAL in the total level and for level of components include human capital, structural capital and physical capital as independent variables have been measured by PUBLIC MODEL. Also the VALUE OF INTELLECTUAL CAPITAL has been measured by intangible value. Multiple regression has been applied to test the research hypothesis at a= 5%. The results indicate a significant relationship between the intellectual capital and the productivity.

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