The intellectual capital management (ic management) is a fundamental approach to the management of resources and assets in an organization (kok, 2007, p 186) ic management may be defined as. Intellectual capital is the technical expertise and process knowledge contained within an organization if intellectual capital gives an organization a significant competitive advantage, it is entirely possible that a large portion of the firm's valuation is derived from this expertise and knowledge. Compare and contrast methods: value-based methods, performance models, scorecards, intellectual capital models, km assessments, km maturity models and more learn from best practice cases and examples: apqc, austrian research centres, carl bro, cowi, dhl, dow chemical, ericsson, ramboll, sears roebuck, shell, siemens, skandia, us navy and more.
Intellectual capital as a management tool: essentials for leaders and managers covers a review of the development of the intellectual capital field and discusses the key domains of study where the intellectual capital view of the firm has made major contributions the book introduces an updated. This report analyzes and evaluates all the major developments in the field of knowledge and intellectual capital measurement - the latest research, models, tools, techniques and lessons from practitioners. What is intellectual capital management (icm) intellectual capital is defined as all knowledge within an organisation which has the potential to create value when applied in line with the mission, vision and goals of the organisation.
The measurement of intellectual capital by vaic furthermore, a measurement tool must be able to monitor the efficiency of resources in value creation the aim was to develop a method that can measure resource efficiency for any company despite the region and/or county. Balanced scorecard as a tool of intellectual capital management at university agnieszka piasecka maria curie-sklodowska university, poland [email protected] abstract: under the conditions of the knowledge society, the intellectual capital of the organization is one of its most valuable resources. The intellectual capital literature has concentrated on issues of defining, measuring, and reporting intellectual capital the underlying thesis is that as the economy becomes more reliant on intellectual assets management and measurement processes need to focus more on these types of assets to redress an overemphasis on monetary and physical assets.
What is intellectual capital management (or structural capital) and using an effective intellectual property strategy to minimize business risk is the foundation on which knowledge economies of the world are built upon and a fundamental business management tool enterprises need to harness as they move down the road of innovation and.
The measurement of intellectual capital by vaic tool to run the business successfully in a highly competitive environment and therefore different models have been introduced to measure and manage ic scholars have tried to address the problem by continuously working on the development of a.
Balanced scorecard as a tool of intellectual capital management at university agnieszka piasecka maria curie-sklodowska university, poland [email protected]