The Relationship between Strategic Leadership, Competitive Advantage and Intellectual Capital : Evidence from Hotel in Tangerang Indonesia
Keywords:
strategic leadership; intellectual capital; competitive advantage
Abstract
This study is accomplished to reveal the relationship between strategic leadership, competitive advantage, intellectual capital by examining from the effect of strategic leadership on competitive advantage with intellectual capital as intervening variable. The sample used in this study is a company in the hotel sector in the city of Tangerang, Indonesia. Competitive advantage is one of the most important variables that can determine the capabilities of the companies. Other variable like strategic leadership also contributes on creating competitive advantage. On the other hand, the application of strategic leadership cannot be separated from the support of intellectual capital in the companies. The data analysis technique used in this study was partial least square to describe the relationship among variables. The result of this study showed that strategic leadership and intellectual capital affected competitive advantage positively and significantly in company in the hotel sector in the city of Tangerang, Indonesia.
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References
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Aslan, Ş., Diken, A., & Şendogdu, A. A. (2011). Investigation of the effects of strategic leadership on strategic change and innovativeness of SMEs in a perceived environmental uncertainity. Procedia - Social and Behavioral Sciences, 24, 627–642. https://doi.org/10.1016/j.sbspro.2011.09.009
Axtle, M. (2006). Intellectual Capital (Intangible Assets) Valuation Considering The Context. Journal of Business, 4(9), 35–42.
Barney, J. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 17(1), 99–120. https://doi.org/10.1177/014920639101700108
Besanko, B. D., Dranove, D., Shanley, M., & Schaefer, S. (2000). Economics of Strategy, 7.
Chen, Y. S. (2008). The positive effect of green intellectual capital on competitive advantages of firms. Journal of Business Ethics, 77(3), 271–286. https://doi.org/10.1007/s10551-006-9349-1
Chin, W. W. (1998). Misq-Vol22N1Commentary-1998.Pdf.
Choudhury, J. (2010). Performance Impact of Intellectual Capital: A Study of Indian it Sector. International Journal of Business and Management, 5(9), 72–80. https://doi.org/10.5539/ijbm.v5n9p72
Combe, I. A., & Greenley, G. E. (2004). Capabilities for strategic flexibility: a cognitive content framework. European Journal of Marketing, 38(11–12), 1456–1480. https://doi.org/10.1108/03090560410560191
Fornell, C., & Larcker, D. F. (2016). Evaluating structural equation models with unobservable variables and measurement error. Journal of Marketing Research This, 18(1), 39–50.
Hamzah, N., & Ismail, M. N. (2008). The Importance of Intellectual Capital Management in the Knowledge-based Economy. Contemporary Management Research, 4(3), 237–262. https://doi.org/10.7903/cmr.1045
Hitt, M. A., & Duane, R. (2002). The Essence of Strategic Leadership: Managing Human and Social Capital. Journal of Leadership & Organizational Studies, 9(1), 3–14. https://doi.org/10.1177/107179190200900101
Holdford, D. A. (2018). Resource-based theory of competitive advantage – A framework for pharmacy practice innovation research. Pharmacy Practice, 16(3), 1–11. https://doi.org/10.18549/PharmPract.2018.03.1351
Hunitie, M. (2018). Impact of strategic leadership on strategic competitive advantage through strategic thinking and strategic planning: A bi-meditational research. Business: Theory and Practice, 19(2012), 322–330. https://doi.org/10.3846/btp.2018.32
Ireland, R. D., & Hitt, M. A. (1999). Achieving and maintaining strategic competitiveness in the 21st century: The role of strategic leadership. IEEE Engineering Management Review, 27(4), 51–64. https://doi.org/10.5465/ame.1999.1567311
Jooste, C., & Fourie, B. (2009). The role of strategic leadership in effective strategy implementation: Perceptions of South African strategic leaders. Southern African Business Review, 13(3), 51–68. http://www.ajol.info/index.php/sabr/article/download/76341/66799
Kamukama, N. (2013). Intellectual capital: Company’s invisible source of competitive advantage. Competitiveness Review, 23(3), 260–283. https://doi.org/10.1108/10595421311319834
Krause, K. (2013). Critical perspectives on human security. Routledge Handbook of Human Security, 14(3), 76–93. https://doi.org/10.4324/9781315885926-15
Mahdi, O. R., & Almsafir, M. K. (2014). The Role of Strategic Leadership in Building Sustainable Competitive Advantage in the Academic Environment. Procedia - Social and Behavioral Sciences, 129, 289–296. https://doi.org/10.1016/j.sbspro.2014.03.679
Majeed, S. (2011). The Impact of Competitive Advantage on Organizational Performance. 3(4), 191–197. www.iiste.org
Marr, B., Gupta, O., Pike, S., & Roos, G. (2003). Intellectual capital and knowledge management effectiveness. Management Decision, 41(8), 771–781. https://doi.org/10.1108/00251740310496288
Memon, M. A., Mangi, R. A., & Rohra, C. L. (2009). Human capital a source of competitive advantage “ideas for strategic leadership.” Australian Journal of Basic and Applied Sciences, 3(4), 4182–4189.
Mondal, A., & Ghosh, S. K. (2012). The Role of Intellectual Capital in Creating Value in Indian Companies. International Journal of Financial Management, 2(1), 44–54.
Müller, C., & Raich, M. (2005). The ambiguous relationship of leadership and intellectual capital: understanding how intellectual capital is developed. EJ Know. Manage, 3(1), 35–44. http://www.ejkm.com/issue/download.html?idArticle=51
Nahapiet, J., & Goshal, S. (1998). Creating organizational capital through intellectual and social capital. Academy of Management Review, 23(2), 242–266.
Ogbeidi, M. M. (2012). Political Leadership and Corruption in Nigeria Since 1960: A Socio-Economic Analysis. Journal of Nigeria Studies, 1(2), 1–25.
Ojokuku, A, O. T., & S, S. A. (2012). Impact of Leadership Style on Organizational Performance: A Case Study of Nigerian Banks. American Journal of Business and Management, 1(4), 202–207.
Rowe, W. G. (2001). Creating wealth in organizations: The role of strategic leadership. IEEE Engineering Management Review, 29(4), 25–37.
Setiawan, Y., & Yuniarsih, T. (2018). Leaderships Strategic and Employee Performance. The International Journal of Business Review (The Jobs Review), 1(1), 63–72. https://ejournal.upi.edu/index.php/thejobsreview/article/view/12299
Sibghatullah, A., & Raza, M. (2020). The Impact of Strategic Leadership on Competitive Advantage: The Mediating Role of Ambidexterity and Information System: Evidence from Islamic Banks in Jordan. IJIIS: International Journal of Informatics and Information Systems, 3(2), 67–80. https://doi.org/10.47738/ijiis.v3i2.67
Singh, A. S. K., & Das, S. G. (2007). Strategic Leadership and Competitive Advantage: A Case of an Indian Pharma Firm in the New Patent Regime. SSRN ELibrary, 1–23. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2033666
Thatte, A. A., Rao, S. S., & Ragu-Nathan, T. S. (2013). Impact of SCM practices of a firm on supply chain responsiveness and competitive advantage of a firm. Journal of Applied Business Research, 29(2), 499–530. https://doi.org/10.19030/jabr.v29i2.7653
Published
2023-06-08
How to Cite
Rr Dian Anggraeni, Tubagus Ismail, Tri Lestari, & Dadan Ramdhani. (2023). The Relationship between Strategic Leadership, Competitive Advantage and Intellectual Capital : Evidence from Hotel in Tangerang Indonesia. Britain International of Humanities and Social Sciences (BIoHS) Journal, 5(2), 100-112. https://doi.org/10.33258/biohs.v5i2.899
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