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National intellectual capital model and measurement

National intellectual capital model and measurement Over the past few decades, intangible assets, such as knowledge, patents, and innovation, have been identified as fundamental sources of wealth and progress. These assets represent a major concern for business firms, their stakeholders, policy makers and world organisations for proper positioning in the world competition and for wise resource allocation. As a result, measuring the intangibles has become a challenge. This paper reports a validated national intellectual capital measurement model, consisting human capital, market capital, process capital, renewal capital and financial capital that enables nations to conduct comparisons, benchmarking, refining and re-orienting national development strategies for sustaining their competitive advantages. The national intellectual capital ranking for 41 countries and their dynamic development are also elaborated. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Knowledge-Based Development Inderscience Publishers

National intellectual capital model and measurement

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
2040-4468
eISSN
2040-4476
DOI
10.1504/IJKBD.2012.045570
Publisher site
See Article on Publisher Site

Abstract

Over the past few decades, intangible assets, such as knowledge, patents, and innovation, have been identified as fundamental sources of wealth and progress. These assets represent a major concern for business firms, their stakeholders, policy makers and world organisations for proper positioning in the world competition and for wise resource allocation. As a result, measuring the intangibles has become a challenge. This paper reports a validated national intellectual capital measurement model, consisting human capital, market capital, process capital, renewal capital and financial capital that enables nations to conduct comparisons, benchmarking, refining and re-orienting national development strategies for sustaining their competitive advantages. The national intellectual capital ranking for 41 countries and their dynamic development are also elaborated.

Journal

International Journal of Knowledge-Based DevelopmentInderscience Publishers

Published: Jan 1, 2012

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