Paper Title
Intellectual Capital To Improve The Performance Of Project-Based Firms

Abstract
Intellectual capital is the most valuable resource of any enterprise. This empirical investigation examines the causal association between intellectual capital and the success of project-based firms in the industry. More than 100 project-based firms across Taiwan have each been assessed for the levels of human capital, structural capital, relational capital, and firm performance. These results suggest that structural capital and relational capital are achieved with greater human capital. The analysis also shows that structural capital fully mediates the impact of human capital on the success of project-based firms. In addition, relational capital may partially mediate the association between human capital and the performance of project-based firms. The results of the analyses are consistent with previous theories, which suggest that an effective way to increase intellectual capital is to appropriately invest in employees. Index Terms - Project, intellectual capital, human capital, financial performance, operational performance