Research On The Development Of Intellectual Capital To Promote The Sustainable Growth Of China’s Listed Commercial Banks

In the background of the knowledge economy, intellectual capital has become the criticalstrategic resource after the other factors of production to creating value for the enterpriseachieving sustained competitive advantage.Able to grasp more knowledge of the organizationwill be able to occupy a favorable position in the competition.Intellectual capital with scarcity,value, difficult to imitate and alternative features, making it an important strategic resourcefor companies, and the strategic resource is the core source of competitive advantage,based onthe competitive advantage and the use of internal and external resources, we can achievesustainable growth of the organization.Compared with the traditional industries,as specialfinancial services in knowledge-intensive enterprises, commercial banks have their ownunique operational law, intellectual capital is becoming the soul of its development.It hasimportant practical significance to have a correct understanding of the intellectual capital’srole in improve China’s commercial banks’ performance and their sustainable growth.This paper is from the perspective of intellectual capital to study the sustainable growthof commercial banks, use qualitative analysis and quantitative analysis.First, the relevantresearches were reviewed and evaluated, in attracting domestic and foreign experts andscholars research then defining the concepts of intellectual capital and intellectual capitalelaborated basic theory;Secondly, according to the results of theoretical analysis to derive ahypothesis,use listed commercial banks as research samples, with the VAIC,VAIP,HCE,SCE,RCE,CEE as explanatory variables, in a sustainable growth model proposed byHiggins’s sustainable growth rate calculated (SGR) as a result of variables,SIZE,LEV ascontrol variables, the regression model was constructed, using SPSS17.0empirical analysis toexamine its role in promoting intellectual capital component of sustainable growth ofcommercial banks.Finally, based on empirical results presented suggestions to developmentand management intellectual capital in order to promote China’s commercial banks to achievesustainable growth.