2012 ©
             Publication
Journal Publication
Title of Article A Measurement Model of Intellectual Capital in Thailand during the Transition Period to Knowledge-based Economy 
Date of Acceptance 26 October 2023 
Journal
     Title of Journal Songklanakarin Journal of Management Sciences (SJMS) 
     Standard TCI 
     Institute of Journal Faculty of Management Sciences, Prince of Songkla University 
     ISBN/ISSN 2730-3489 (Printed) 
     Volume 41 
     Issue
     Month January - June
     Year of Publication 2024 
     Page  
     Abstract The research aimed to propose the measurement model of intellectual capital (IC) in Thai firms listed in the Stock Exchange of Thailand (SET), where its government had been planning to become the knowledge-based economy and IC was an important feature to drive the transformation. The questionnaire was developed based on previous research, mainly Bontis (1998), and 370 Thai listed companies responded. The PLS-SEM approach was employed to derive the IC indicators, which were categorized into three parts: Human Capital (HC), Structural Capital (SC), and Relation Capital (RC). The results showed no concern of the reliability and validity of the IC measurement model. The result revealed that HC was likely to be reflected through individual’s creativity and learning skill to solve problems and their hard-working. SC seemed to be indicated by operating procedures and accessibility of information system. The third component, RC, tended to be signified by only customer relations. The model potentially guided management to be aware of the activities which could strengthen IC in a firm. It also directed the regulators to introduce the policy encouraging Thai companies to engage with those activities. 
     Keyword Intellectual Capital, Human Capital, Structural Capital, Relation Capital, Stock Exchange of Thailand 
Author
597210012-6 Miss SUKON ADULDAECHA [Main Author]
Business Administration and Accountancy Doctoral Degree

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