A study on the relationship between human development and intellectual and human capital in banking industry

Abstract

In the current era, the main challenge of managers is to provide an environment suitable for development of human minds in the science-based organizations. Therefore, their ability in knowledge management and intellectual capital management has become a substantial skill of managers in these organizations. The purpose of this paper is to consider the relationship between human development index and intellectual and human capital. In the paper, pulic Model 2000 has been used to measure intellectual capital. Also, in order to collect data, information of 7 banks, which have been accepted in Tehran stock market during 2007-2011 (35 firm years), has been analyzed by using statistical method of data panel in STATA and EVIEWS softwares. The results of the study show that there is no significant relationship between human development and intellectual capital. Moreover, the results indicate that the relationship between human development and human capital is not significant.