Delgado Verde, MiriamFranco Curiel, Jose Carlos2025-02-192025-02-192025-02-18Delgado-Verde, M. and Franco-Curiel, J.C. (2025), "The interplay between entrepreneurial risk-taking and intellectual capital: effects on innovation novelty in high-tech firms", Journal of Intellectual Capital, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JIC-04-2024-011010.1108/JIC-04-2024-0110https://hdl.handle.net/20.500.14352/118226Purpose: The paper aims to analyse the effects of interplay between entrepreneurial risk-taking behaviour and each of the three components of intellectual capital (IC) on the degree of novelty of new products. Design/methodology/approach: This article studies one of the most recognized dimensions of entrepreneurial orientation (EO) along with knowledge-based assets owned by high-tech firms. In this way, entrepreneurial risk-taking is analysed considering the companies’ IC endowment, as a contingent variable, to examine the achievement of a higher novelty in developing new products from firms’ OE. The empirical study was carried out on a sample of 155 Spanish knowledge-intensive firms and based on survey data gathered from two different respondents. Hierarchical regression analysis was used. Findings: Findings reveal heterogeneous effects of IC components on the relationship between entrepreneurial risk-taking and innovation novelty. While innovative culture (organizational capital) has a positive interaction with risk-taking in the influence on the degree of novelty of new products, relationships with customers (social capital) have a negative one. And, however, CEO industry experience (human capital) doesn’t have any contingent effect. Originality: This study contributes to shed light on the few empirical studies that analyse internal contingent elements in the relationship between entrepreneurial risk-taking behaviour and the novelty of product innovation in high-tech-firms. Concretely, specific manifestations of IC components are examined jointly with entrepreneurial risk-taking.engAttribution-NonCommercial-NoDerivatives 4.0 Internationalhttp://creativecommons.org/licenses/by-nc-nd/4.0/journal article1469-1930https://doi.org/10.1108/JIC-04-2024-0110https://www.emerald.com/insight/content/doi/10.1108/jic-04-2024-0110/full/htmlopen access658O34Entrepreneurial OrientationRisk-TakingIntellectual CapitalInnovation NoveltyCiencias Sociales5311 Organización y Dirección de Empresas