The impacts of intellectual capital on the propensity to adopt cloud-based accounting in SMEs in Ho Chi Minh City

Abstract

This article explores the relationship between human capital (HC), organizational capital (SC), and relational capital (RC) concerning the adoption and implementation of cloud accounting (IAC) in small and medium-sized enterprises (SMEs) in Ho Chi Minh City. Using the PLS-SEM method, the results indicate that, there is no strong link between HC, SC, and RC, but there is a positive relationship between these types of capital and IAC. This suggests that human capital, organizational capital, and relational capital play a central role in promoting the adoption and application of cloud accounting in SMEs. These findings provide valuable insights for business leaders on how to leverage and develop these types of capital to optimize the benefits of cloud accounting technology while also opening up new research directions for the academic community on the relationship between different types of capital and technology adoption.