Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/emerald-publishing/intellectual-capital-does-it-create-or-destroy-value-yXBvs7IdYV
References (8)
-
(1999)
California Management Review -
(1993)
Elemente der Informationsoekonomie, Vienna. PAGE 68 | MEASURING BUSINESS EXCELLENCE | VOL -
B. Marr, D. Gray, A. Neely
Why do firms measure intellectual capital -
J. Ravetz (1975)
Origins of modern scienceNature, 258
-
H. Butterfield (1965)
The Origins of Modern Science -
B. Marr, D. Gray, A. Neely (2003)
Why do firms measure their intellectual capitalJournal of Intellectual Capital, 4
-
J.H. Daum
Intangible Assets -
A. Pulic
Elemente der Informationsoekonomie
- Publisher
- Emerald Publishing
- Copyright
- Copyright © 2004 Emerald Group Publishing Limited. All rights reserved.
- ISSN
- 1368-3047
- DOI
- 10.1108/13683040410524757
- Publisher site
- See Article on Publisher Site
Abstract
Taking into account the transformation in economic reality towards a knowledge economy it seems logical that we treat IC as a resource, equal to that land, physical assets, and financial capital. This means that it is not anymore treated as a cost but as an investment. In order for the new system to be consistent we have to define a new index, namely the value creation efficiency of intellectual capital. Its empirical applications shows that while revenue, profit and GDP may indicate successful performance, IC efficiency may indicate the opposite, that value is being destroyed and not created.
Journal
Measuring Business Excellence – Emerald Publishing
Published: Mar 1, 2004
Keywords: Intellectual capital; Value added; Resource efficiency