Download or read book Measuring and Evaluating Intellectual Capital written by Marius Karzell and published by GRIN Verlag. This book was released on 2011-09-23 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2010 in the subject Leadership and Human Resources - Miscellaneous, grade: 2,0, University of Applied Sciences Essen, language: English, abstract: The development from the industrial society to an information and knowledge based society is mainly characterized by the evolution of information and knowledge based technologies and the possibilities to share and gain information within a globalized world. In order to create products and to provide services which are competitive in the market it can be assumed that the importance of obtaining competitive advantages, such as process or product based knowledge and protecting and open up new resources for innovation is permanently rising. In the last century labor has been only considered as an economic production factor in context with land and capital following the classical economic approach of Adam Smith. Today we have realized that a main source for innovation is based on a company’s labor workforce also known as human resources. There is a scientific consensus that on average 80% of a company’s market value is based on intangible assets and that knowledge is getting a strategic resource and a critical success factor for competitiveness.1 A straight trend of emerging business and knowledge networks which have an important impact on corporate success2 are supporting this aspect. That implies a distinct constraint for modern management to capture and evaluate information regarding intangible company assets in order to be able to operationalize actions to support the strategy. The fact that management decisions are taken based on information which is corresponding on 20% of the company value is unsatisfying and may lead into the wrong direction. There are several problems which occur if management decides to disclose these “hidden assets”3. Based on the individual company and its core business, assets have to be identified and evaluated in a proper way. Starting with the choice of a proper measuring and evaluating method decisions have to be made which information should be kept confidential and which information would be advantageous to provide...
Download or read book Making Sense of Intellectual Capital written by Daniel Andriessen and published by Routledge. This book was released on 2004-02-18 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peter Drucker has introduced us all to the knowledge era, where knowledge is the primary resource and intangibles (intellectual capital resources and assets) are now largely recognized as the most important sources of organizations' competitive advantage. With the recognition of the importance of Intangibles comes the problem of how to properly identify them and assign them a value within the corporation. This is an area of concern in 5 fields: 1) accounting and financial reporting, 2) performance measurement and management, 3) valuation in the finance field, 4) the Human Resources field in terms of management, strategy, and planning, and 5) Intellectual Capital. Over the past eight years, over 25 methods have been proposed for the valuation of intangibles coming out of these 5 fields. In this book, Andriessen evaluates 25 existing methods of intangible valuation according to highly developed criteria. In performing his evaluations, Andriessen synthesizes the state of the art research from these fields based on extensive research. He then presents his own method for valuing intangibles, which he began developing and testing as a Senior Manager at KPMG Knowledge Advisory Services in The Netherlands. He relates six case studies in which this method was tested in actual companies, carefully reviews the results of his tests, and then concludes by offering a new and improved method for valuing intangibles in his Weightless Wealth Toolkit, a complete step-by-step process for identifying, valuing, and managing Intangibles to help managers operate successfully in the Intangible Economy.
Download or read book Measuring What People Know Human Capital Accounting for the Knowledge Economy written by OECD and published by OECD Publishing. This book was released on 1996-04-16 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains why it is possible, in terms of economic theory, and feasible, from the perspective of accounting practices, to implement new human capital information and decision-making systems.
Download or read book Leading with Knowledge written by Richard C. Huseman and published by SAGE. This book was released on 1999 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on a landmark study of over 200 of American's largest companies, this book examines how the intellectual assets of a corporation can be leveraged to create a knowledge organization.
Download or read book Managing Intellectual Capital in Practice written by Göran Roos and published by Routledge. This book was released on 2007-06-07 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the essential guide for managers wishing to implement the benefits of Intellectual Capital thinking in their companies or divisions. It serves as an easily accessible introduction to the subject area for the novice, giving the gist of what it is about and how it has developed, but above all it gives hands-on instructions on how to incorporate intellectual capital thinking in everyday business and how to use the tools provided for the management and measurement of intangible resources. Throughout the main part of the book, three different cases in separate boxes run in parallel with the body text. These are introduced in chapter 2 and illustrate how the tools are to be used, depending on what type of company wishes to implement these ideas. The three case companies are characterised as a manufacturing company, an R&D organisation and a network company. Smaller case stories about well-known global companies are also interspersed throughout the book.
Download or read book Identifying Measuring and Valuing Knowledge Based Intangible Assets New Perspectives written by Vallejo-Alonso, Belen and published by IGI Global. This book was released on 2010-10-31 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The main scope of the book is to highlight the importance of intangible resources in business management, evidenced in their measurement and financial valuation, and the need for a strategic analysis that enables them to be identified and then assessed"--Provided by publisher.
Download or read book ECIC2014 Proceedings of the 6th European Conference on Intellectual Capital written by Dagmar Cagáňová and published by Academic Conferences Limited. This book was released on 2014-10-04 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book National Intellectual Capital written by Carol Yeh-Yun Lin and published by Springer Science & Business Media. This book was released on 2010-10-29 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, knowledge assets and intellectual capital have been attracting an increasing amount of attention, not only from academics and CEOs, but also from national policy makers. To date, most studies of intellectual capital have focused at the organizational level, with an emphasis on explaining the role of “intangible assets” as a differentiator between accounting value and market value as a possible source of corporate competitive advantage. More recently, pioneers in the field, including the authors of this book, have begun to apply these methodologies to a broader scope, with the objective of comparing the intellectual capital indices at the national or regional level. As a result, an increasing number of world organizations and researchers are commissioned to investigate this future-oriented crucial national issue. Yet, the linkage between the value of intangible assets and how to quantify or benchmark it is still tenuous, not to mention easily misunderstood by a layman for guiding better decision making. With the belief that numbers talk and statistics hide valuable information, this book serves to present the authors’ research findings, covering 14 years (1995-2008) of intellectual capital information, comprised of human capital, market capital, process capital, renewal capital, and financial capital for 40 countries. The last three chapters go beyond analysis of current intellectual capital factors, and present practical tools for launching initiatives at the national level. The book will serve as an essential resource for researchers, policy makers, and business leaders concerned with issues of economic growth and competitiveness, innovation, and business creation.
Download or read book Weightless Wealth written by Daniel Andriessen and published by Pearson Education. This book was released on 2000 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Weightless Wealth provides you with the practical tools to identify, assess and evaluate these intangible assets, and helps you to leverage them to their full potential, creating a high-growth, high-performance company.
Download or read book Measuring Human Capital written by Barbara Fraumeni and published by Academic Press. This book was released on 2021-07-12 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measuring Human Capital addresses a country's most important resource: its own people. Bettering human capital benefits individuals and their country and leads to improved sustainability for the future. For many years economists only used Gross Domestic Product (GDP), now acknowledged to be inadequate without supplemental measures, to gauge a country's overall value. There is now a recognition that many variables contribute to a country's worth, which make accurate measurement difficult. Looking beyond GDP by focusing on human capital, researchers, policymakers, government officials, and students can understand what elements impact human capital and how they might improve it in order to increase economic growth and well-being. - Addresses six major measures of human capital, covering at least 130 countries - Describes both monetary and index estimates - Includes two monetary measures by the World Bank and the Inclusive Wealth Report by UNEP and the Urban Institute of Kyushu University - Includes four index measures by the Institute for Health Metrics and Evaluation of the University of Washington, United Nations Development Programme, World Economic Forum, and World Bank - Includes two country chapters, one on China and the other on the United States
Download or read book Handbook of Research on Enhancing Innovation in Higher Education Institutions written by Babi?, Verica and published by IGI Global. This book was released on 2020-03-27 with total page 695 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation in higher education is a process of institutional adaptation to changes in the environment that enables higher education institutions to improve their existing practice and to be innovative at different levels and in different forms. Moreover, innovativeness is also related to internal characteristics of higher education institutions. Innovation in higher education can be observed as a result of the changing contexts in which higher education institutions function. Adjacently, a comprehensive approach to considering innovativeness is needed in order to enable the examination of different elements of innovativeness in higher education, that is, to identify the key factors that (de)stimulate innovations and affect their interactions with other relevant stakeholders at the national level and beyond. The Handbook of Research on Enhancing Innovation in Higher Education Institutions is a critical scholarly book that examines innovativeness in higher education and its complications and diversity. Starting from the view that higher education is currently confronted by global forces that require new research ideas, the publication suggests that comprehensive understanding of innovativeness is imperative for higher education’s institutions in the 21st century. Analyzing the recognized trends within the publication and concluding which aspects should be taken to improve innovativeness in higher education, this reference book outlines quality and innovation in teaching, innovative university-business cooperation, institutional framework and governance of higher education institutions, knowledge management, and leadership and organizational culture. It is ideal for curriculum designers, administrators, researchers, policymakers, academicians, professionals, and students.
Download or read book The Dynamics of Intellectual Capital in Current Era written by Muhammad Shahbaz and published by Springer Nature. This book was released on 2021-06-01 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an authoritative, inter-disciplinary, and up-to-date survey of relevant concepts, research areas, and applications of intellectual capital. Until now, the literature had lacked a comprehensive analysis of intellectual capital (IC) in regard to sustainability, block chain, and other related technologies and virtual environments. This book shows the importance of intellectual capital for contemporary organizations: how it contributes to theories of the firm, how it affects organizational performance, how is it linked with the organizational ambidexterity, how it connects to the technological developments like block chain and digital technologies, and what would be its association with sustainability. Central to our thesis is the systemic nature of intellectual capital in organizations: how intellectual capital interacts with and complements other organizational resources and developments. This book also shows as to how applying the notion of intellectual capital to organizations requires us to consider how intangible forms of capital differ from more traditional forms, implying the need for a theory of firm that accommodates a concept of dynamic, heterogeneous intellectual capital. Although a lot has been written on IC, this book proves to be the first with scholastic and action-oriented perspective on as to how a firm can manage its IC to create value. This book also demonstrates as to how the subjective aspects of IC can be measured and what can be their strategic implications. A discussion on IC disclosure also appears in the latter part of the book. In doing so, this book reveals as to how the value creation of today’s businesses is driven by the IC. This book also introduces the readers to the new application of IC and its association with the contemporary disruptive technologies. This is a book for IC researchers and academicians who want to understand the diverse aspects of IC, for business managers who want to be at the cutting edge, for those early in their careers who seek a challenging new path, and for the top-level managers of the world who have their eye on the future.
Download or read book ECIC2011 Proceedings of the 3rd European Conference on on Intellectual Capital written by Geoff Turner and published by Academic Conferences Limited. This book was released on 2011-04-18 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt: These proceedings represent the work of presenters at the 3rd European Conference on Intellectual Capital (ECIC 2011). The Conference is hosted this year by the University of Nicosia in Cyprus. The Conference Chair is Geoff Turner from the University of Nicosia and the Programme Chair is Clemente Minonne from the School of Management and Law, Zurich University of Applied Sciences, Winterthur, Switzerland. The opening keynote address is given by John Girard from Minot State University in the USA. John will address the question Social Knowledge: Are we ready for the future? The second day of the conference will be opened by Ludo Pyis from AREOPA in Belgium who will consider Intellectual Capital Accounting: how to measure the unmeasurable. We also look forward to a Knowledge Cafe on the topic of What intellectual capital ideas and developments do you expect to live and see? facilitated by Helen Paige from The Paige Group, South Australia.
Download or read book The New Organizational Wealth written by Karl Erik Sveiby and published by Berrett-Koehler Publishers. This book was released on 1997 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sveiby offers practical advice on how to manage knowledge companies - such as accounting firms, management consulting firms, advertising agencies and computer consultants - and their employees
Download or read book The Routledge Companion to Intellectual Capital written by James Guthrie and published by Taylor & Francis. This book was released on 2017-09-22 with total page 533 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Companion to Intellectual Capital offers a comprehensive overview of an important field that has seen a diverse range of developments in research in recent years. Edited by leading scholars and with contributions from top academics and practitioners from around the world, this volume will provide not just theoretical analysis but also evaluate practice through case studies. Combining theoretical and practice perspectives, this comprehensive Companion addresses the role of IC inside and between organisations and institutions and how these contribute to the IC of nations, regions and clusters. Drawing on an extensive range of leading contributors,The Routledge Companion to Intellectual Capital will be of interest to scholars who want to understand IC from a variety of perspectives, as well as students who are seeking an authoritative and comprehensive source on IC and knowledge management.
Download or read book The Strategic Management of Intellectual Capital and Organizational Knowledge written by Chun Wei Choo and published by Oxford University Press. This book was released on 2002-04-04 with total page 769 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasingly, the challenge of management is to create and supply knowledge in order to sustain organizational performance. However, few books on management strategy have been written using this concept as a foundation. This unique volume adopts a knowledge-based approach that will complement and perhaps supplant other perspectives. Editors Nick Bontis and Chun Wei Choo look at the literature through the lens of strategic management and from the vantage point of organizational science. The thirty readings have been carefully selected and commissioned to provide the best literature available--from articles newly written for this book and from existing publications.
Download or read book Intellectual Capital and Knowledge Management Performance Measurement and Challenges written by Sixbert Sangwa and published by GRIN Verlag. This book was released on 2021-06-08 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 78, University of South Wales (Business School), course: Strategic Systems Thinking, Tools and Techniques, language: English, abstract: This paper discusses Gray’s statement: "Before we measure something, we must ask whether we understand what it is we are trying to measure", relating it to business performance management and management information system theories. With today’s knowledge of management - which involves the way of organizing humans and the use of computers to manage information systems - the paper highlights the importance of hidden values (intellectual capital) in business success, knowledge and performance management, measurement techniques and challenges as well as how communities of practice are managing to solve real firm’s problems and help it meet its goals. It was argued by Gray (2015) that all businesses operate with specific sets of activities that result in their deliverables. The most challenging and important discussion topic, is how these business processes are effectively managed and measured against the firm’s objectives, as well as how companies measure the contribution of their intangible assets to business outcomes. Intellectual capital is the intangible assets of an organization resulting from employees' physical efforts, knowledge assets and other results of human innovation and thoughts. Due to firms that have neglected intellectual capital to focus on finance and operations for many years, Leif E. (1991) describes intellectual capital as a hidden value and explains its importance on the company value. Intellectual capital, as argued by some scholars and authors, including Edvinsson, can take many forms.