Intellectual, Psychological, and Social Capital and Business Innovation: The Moderating Effect of Organizational Culture

Abstract

The recent research has highly examined innovation of businesses to improve their competitive advantages and the probability of their success. This study aimed to examine the association between intellectual, psychological, and social capital and business innovation in knowledge-based and high-technology businesses in Iran and if organizational culture moderates the relationships between the variables. Of the 182 knowledge-based and high-technology businesses located in Science and Technology Parks in Tehran, 126 were selected using the stratified random sampling method. A questionnaire was administered and the data were analyzed using the Structural Equation Modeling and PLS. The results indicated that intellectual, psychological, and social capitals significantly affect business innovation. Furthermore, organizational culture moderated the impact of intellectual and psychological capital on business innovation. The implications of the findings are discussed.