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Intellectual capital-based performance improvement: a study in healthcare sector
Simona Alfiero1, Valerio Brescia2, Fabrizio Bert3
1Department of Management, C.so Unione Sovietica, University of Turin, 218 bis, Torino, Italy.
Intellectual Capital (IC) significantly impacts Italian healthcare performance and efficiency. Understanding this link aids resource allocation and strategic decision-making for better healthcare outcomes.
Area of Science:
- Healthcare Management
- Organizational Performance
- Intellectual Capital Studies
Background:
- Knowledge resources are crucial for competitiveness in productive sectors.
- In healthcare, knowledge resources enhance population health, organizational efficiency, and decision-making.
- This study investigates the impact of Intellectual Capital on healthcare organization performance within the Italian system.
Purpose of the Study:
- To analyze the influence of Intellectual Capital on healthcare organization performance.
- To evaluate the relationship between Intellectual Capital components and efficiency in the Italian healthcare sector.
- To provide insights for resource allocation policies in healthcare.
Main Methods:
- Utilized a theoretical framework linking Intellectual Capital and performance evaluation.
- Employed a two-stage analysis to determine resource placement and influencing exogenous variables.
- Applied Data Envelopment Analysis (DEA) to assess IC's impact on performance and linear regression for exogenous variables.
Main Results:
- Empirical findings indicate that specific Intellectual Capital components affect organizational performance (Essential Levels of Assistance).
- Efficiency analysis of 16 Italian regions in 2016 revealed varying abilities to balance IC and performance.
- Healthcare expenditure and resident population correlated with identified efficiency and performance levels.
Conclusions:
- Establishes an innovative connection between healthcare performance, efficiency, and Intellectual Capital.
- Aligns resource management with strategic planning for healthcare organizations.
- Offers a novel decision-making approach for the healthcare sector.
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