The predictive potential of intellectual capital

The predictive potential of intellectual capital Intellectual capital comprises intangible assets to include market, intellectual property, infrastructure and human centred assets. In some organisations, notably service organisations and those dependent upon information technology, intangible assets now outweigh tangibles in their importance to the organisation. Indeed, possession of tangible assets such as machinery, buildings and cash is only leveraged according to the nature and quality of intellectual capital in the organisation. This paper demonstrates how a method for documenting, identifying, measuring and managing intellectual capital has been used to audit a company's ability to achieve its goals. It demonstrates how the intellectual capital audit method is prescriptive in assessing an organisation's ability to achieve its goals. This paper presents a detailed methodology for auditing intellectual capital and two case studies where the method has been used to validate the organisation's ability to achieve its goals. The case studies demonstrate the complex relationship between intangible assets and provides the audience with insight into how re-engineering can be abused. The notion of corporate strategy as an anachronism is discussed and suitably dismissed. The paper concludes with a commentary on how an understanding of intellectual capital assists the corporate decision making process with issues such as understanding the role of R&D in the organisation, and the appropriateness of learning schemes. Finally it hints at the nature of corporate memory and how it will be used in the next millennium. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Technology Management Inderscience Publishers

Loading next page...
 
/lp/inderscience-publishers/the-predictive-potential-of-intellectual-capital-yytV0hbujC
Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
0267-5730
eISSN
1741-5276
Publisher site
See Article on Publisher Site

Abstract

Intellectual capital comprises intangible assets to include market, intellectual property, infrastructure and human centred assets. In some organisations, notably service organisations and those dependent upon information technology, intangible assets now outweigh tangibles in their importance to the organisation. Indeed, possession of tangible assets such as machinery, buildings and cash is only leveraged according to the nature and quality of intellectual capital in the organisation. This paper demonstrates how a method for documenting, identifying, measuring and managing intellectual capital has been used to audit a company's ability to achieve its goals. It demonstrates how the intellectual capital audit method is prescriptive in assessing an organisation's ability to achieve its goals. This paper presents a detailed methodology for auditing intellectual capital and two case studies where the method has been used to validate the organisation's ability to achieve its goals. The case studies demonstrate the complex relationship between intangible assets and provides the audience with insight into how re-engineering can be abused. The notion of corporate strategy as an anachronism is discussed and suitably dismissed. The paper concludes with a commentary on how an understanding of intellectual capital assists the corporate decision making process with issues such as understanding the role of R&D in the organisation, and the appropriateness of learning schemes. Finally it hints at the nature of corporate memory and how it will be used in the next millennium.

Journal

International Journal of Technology ManagementInderscience Publishers

Published: Jan 1, 1998

There are no references for this article.

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Search

Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly

Organize

Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.

Access

Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve

Freelancer

DeepDyve

Pro

Price

FREE

$49/month
$360/year

Save searches from
Google Scholar,
PubMed

Create folders to
organize your research

Export folders, citations

Read DeepDyve articles

Abstract access only

Unlimited access to over
18 million full-text articles

Print

20 pages / month

PDF Discount

20% off