The value of intellectual capital for university performance. A partial Least Square Path Modeling Analysis

Based on the IC-approach, in this paper we explore the direct and indirect effect of human, structural and relational capital to the university performance measured through the three institutional missions of teaching, research and entrepreneurship. We base our empirical investigation on a sample of Italian public universities followed for 4 years and perform a PLS-Path Modelling analysis. We find a significant and positive effect of relational capital on performance. We also observe that while structural capital has no direct link with performance its influence on performance happens only through relational capital. Our results contribute to the extant literature and suggests implications for practitioners