Abstract

The research aims to investigate the effect of intellectual capital on innovation and performance of companies listed on B3 S/A. To this end, statistical results were analyzed for three hypotheses: IC positively influences performance (H1); IC positively influences innovation (H2); and innovation positively influences performance (H3). Based on the PLS-SEM method and the Robust Path Analysis technique, with the aid of the WARPPLS software (version 3.0), the data of 142 companies listed on B3 S/A, in the period from 2010 to 2020, in relation to the variables: degree of intagibility (intellectual capital); intangible (innovation); Tobon’s Q, Ebitda Margin, ROE and revenue growth (performance); sector, size, age and year (control variables) were tested. The adjustment results confirm the quality and explanatory power of the model, confirming the three formulated hypotheses. Thus, the analyses demonstrate the contribution of IC to innovation, as well as to the organizational performance of companies.

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