Intellectual Capital Models and their Role within Information Systems

2009 ◽  
pp. 547-556
Author(s):  
Francisca Castilla-Polo ◽  
Dolores Gallardo-Vázquez
Keyword(s):  
Human Capital ◽  
Information Systems ◽  
Intellectual Capital ◽  
Intangible Assets ◽  
Point Of View ◽  
Competitive Advantages ◽  
The Status

There is a growing demand to know the status and evolution of firms’ intangible assets. It is motivated by the strategic relevance assigned to these intangible assets. The so-called intangible economy is one of the approaches to the study of intellectual capital (IC), which has attracted the interest of most researchers. The intangible economy treats these assets, because of their special attributes, as having the potential to create competitive advantages for the firm. In this context, the management of intangibles becomes a fundamental strategy from the competitive point of view. If the company does not manage correctly its intangible assets or IC, strategic opportunities will be lost, and even because of the turbulence and complexity of the present environments the position reached in the market could be damaged. This is the topic of the present work. Specifically, we will characterize the concept of IC, and in particular of human capital. Human capital is one of the three divisions into which the intangible dimension of organizations is structured. That intangible dimension is linked to the values, attitudes, and competence of the organization’s employees.

scholarly journals INTELLECTUAL CAPITAL OF THE ENTERPRISE, ITS ESSENCE AND STRUCTURE

2018 ◽  
Vol 20 (1(66)) ◽  
pp. 128-134
Author(s):  
Y.A. NAZARENKO
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Intellectual Capital ◽  
Intangible Assets ◽  
Developed Countries ◽  
Point Of View ◽  
Property Market ◽  
Wide Range ◽  
Definition Of

Topicality. The transition of developed countries to postindustrial society caused increased attention to the research of intellectual capital of enterprises. Purpose and tasks. The purpose of the article is to systematize approaches to the definition of "intellectual capital" and its structure. Results. The systematization of different approaches to the definition of intellectual capital, which was carried out by I. Proskvirina, showed a lack of a common point of view on this phenomenon. This is due to the interdisciplinary nature of the study of intellectual capital. R. Gavrilova divided the existing definitions of �intellectual capital� into three groups, respectively, from the point of view of management, accounting, and human capital. Existing views on the structure of intellectual capital are based on the classification of its element, proposed by T. Stewart - human, organizational and client capital. Considered ideas about the structure of intellectual capital are very similar and include human capital, organizational and client capital. some representations also include emotional capital, process capital, intellectual property, market assets, etc. All types of capital that are part of the structure of intellectual capital, with the exception of human capital, have not received wide recognition and have not been studied by a wide range of scientists. This does not allow to establish conformity with the existing generally accepted views on types of capital and does not allow the use of the results of numerous studies on these types of capital (social capital, intangible assets). In this regard, the author's vision is the structure of intellectual capital, consisting of human capital, intangible assets and social capital. This made it possible to propose a new definition of �intellectual capital�. Conclusions. The proposed definition of �intellectual capital�, its structure and its components allows it to be considered not only in relation to enterprises, but also at the regional and national levels. This opens up new opportunities for assessing intellectual capital, using existing methods for evaluating human capital, intangible assets and social capital.

HUMAN RESOURCES MANAGEMENT IN THE CONTEXT OF DIGITAL TRANSFORMATION OF THE ECONOMIC ENVIRONMENT

2021 ◽  
Vol 1 (12) ◽  
pp. 51-56
Author(s):  
Yuri O. Kolotov ◽  
◽  
Anastasia V. Sharopatova ◽  
Alyona E. Salamova ◽  
◽  
...  
Keyword(s):  
Human Capital ◽  
Human Resources ◽  
Development Strategy ◽  
Intellectual Capital ◽  
Human Resources Management ◽  
Industrial Relations ◽  
Digital Transformation ◽  
Competitive Advantages ◽  
Resources Management ◽  
Modern Enterprise

One of the most important assets of a modern enterprise is human capital and its development opportunities. The need to maintain intellectual capital is due to the introduction of new technological solutions and changes in industrial relations. There is a transformation of the management environment, which focuses on intangible assets and thereby moves to competitive advantages. Within the framework of this article, the peculiarities of regulation and methods of human resources management at the enterprise in the conditions of digitalization are studied. The characteristic of the involvement of domestic enterprises in the HR development strategy is given.

Intellectual capital in family firms: human capital identification and measurement

2015 ◽  
Vol 16 (1) ◽  
pp. 199-223 ◽  
Author(s):  
Enrique Claver-Cortés ◽  
Patrocinio Carmen Zaragoza-Sáez ◽  
Hipólito Molina-Manchón ◽  
Mercedes Úbeda-García
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Family Firms ◽  
Balance Sheet ◽  
Research Approach ◽  
Competitive Advantages ◽  
Content Type ◽  
Starting Point ◽  
Practical Implications

Purpose – Based on the literature devoted to family firms and the intellectual capital-based view of the firm, the purpose of this paper is not only to identify the most important human capital intangibles owned by family firms but also to show a number of indicators that can help measure them. Design/methodology/approach – A qualitative case-study-based research approach was adopted taking as reference: 25 family firms belonging to different sectors; previous works existing in the literature; and the intellectus model. Findings – The present study identifies ten intangibles associated with the human capital of family firms and shows 60 indicators that can be used to measure them. It additionally provides empirical evidence and gives examples of these intangibles through the analysis of 25 international family firms. Research limitations/implications – The difficulty in collecting all the human capital intangibles of family firms; the problems associated with the creation of accurate indicators; and those specific to the research methodology adopted. Practical implications – Identifying the human capital intangibles of family firms and their indicators can help managers become aware of their importance, and this will consequently help them improve their management. This could be an interesting starting point to value these intangibles in the balance sheet as well as to draw comparisons between family and non-family organisations. Originality/value – The framework provided by family firms sheds light on several intangibles specific to these firms – precisely for their condition as “family” firms. Those intangibles – human capital intangibles being especially highlighted in this study – provide the basis for the achievement of competitive advantages.

scholarly journals Intangible Assets and Economic Growth in Nigeria: An Empirical Investigation

2021 ◽  
pp. 74-84
Author(s):  
Okumoko Tubo Pearce ◽  
Cookey Ibeinmo Friday ◽  
Question Emomotimi Mcdonald
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Intellectual Property ◽  
Intellectual Capital ◽  
Significant Relationship ◽  
Service Sector ◽  
Intangible Assets ◽  
Government Expenditure ◽  
Series Data ◽  
The Impact

This work examines the impact of intangible assets on economic growth in Nigeria, using time series data from 1990 to 2019. Relevant theoretical and empirical literatures were reviewed. Government expenditure on research and development, intellectual capital proxied by human capital stock, intellectual property and service sector employment were regressed as independent variables against the real GDP (proxy for economic growth) as the dependent variable. Secondary data were used for this work. The ARDL bound test was adopted in estimating the model. We discovered that government expenditure on R&D, intellectual capital and intellectual property do not have significant relationship with economic growth proxied by RGDP; meanwhile service sector employment had a significant relationship with economic growth in Nigeria. Also, government expenditure on R&D; and service sector employment were rightly signed; while intellectual capital and intellectual property were not rightly signed. This implies that when government increases its expenditure on R&D, it will result to economic growth, so also service sector employment in the long-run. Meanwhile, an increase in intellectual capital and intellectual property will reduce RGDP. We therefore propose that government should upgrade its spending on R&D so as to boost intellectual capital and property. The government should also create employment for the stock of human capital. Finally, government institutions such as producers’ protection agencies should be empowered to protect intellectual properties in Nigeria.

scholarly journals Measurement of Intellectual Capital as Exemplified by Methods of Groups Based on the Roa Indicator and on Market Capitalization

e-Finanse ◽  
2017 ◽  
Vol 12 (4) ◽  
pp. 58-71
Author(s):  
Karolina Palimąka ◽  
Mateusz Mierzejewskl
Keyword(s):  
Intellectual Capital ◽  
Food Industry ◽  
Intangible Assets ◽  
Financial Statements ◽  
Point Of View ◽  
Market Capitalization ◽  
Knowledge Based ◽  
Theoretical Approaches ◽  
Knowledge Based Economy ◽  
Business Analysis

Abstract The concept of a knowledge-based economy is a relatively new topic, but it does not mean that the previous economies did not use knowledge. For many years, knowledge formed the basis of any economy, it was a factor that set the pace of each of them, but just nit is making a significant impact on the entrepreneurial environment, and more. Inherent KBE is the concept of intellectual capital. The article raises both theoretical approaches towards the concept of intellectual capital, and points to the importance (from the point of view of managing this intangible value in the company) -of measuring intellectual capital. The process of good management of the value of intangible assets must be supported by knowledge about, e. g.,its size, value, etc. The authors focus on presenting methods of measuring intellectual capital from two groups of methods by the classification made by K. E. Sveiby, who is considered one of the fathers of the IC concept. The goal of the article is to compare methods from these two groups in terms of their flaws and advantages as regards preparing business analysis. This is done through presentation of the topic, including the concept and methods of intellectual capital measurement, which was based on the review of the literature.Furthermore, based on financial statements of companies from the WIG- oil&gas index and WIG- food industry indexwaysof interpreting the final results are presented.

Measuring and Valuing Knowledge-Based Intangible Assets

2011 ◽  
pp. 268-293 ◽  
Author(s):  
Steve Pike ◽  
Göran Roos
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Intangible Assets ◽  
Relationship Management ◽  
Future Research ◽  
Business Innovation ◽  
Practical Guide ◽  
Knowledge Based

This chapter offers a practical guide to the structure, taxonomy, measurement and use of intellectual capital (IC) in business. It traces the roots of IC and exposes and explains the remarkable lack of consensus that has been allowed to develop over the years and the methods used to try to measure it. In keeping with the practical, yet grounded, approach of the chapter, the chapter focuses on business innovation from an IC perspective. Most importantly, through a case study, the chapter introduces a practical means of measuring IC and modelling businesses predictively connecting soft issues such as human capital and relationship management with hard financial output. Recognising that IC is still an evolving discipline, the chapter offers a number of areas for future research and case study.

Strategic characterization of process assets based on asset quality and business impact

2017 ◽  
Vol 117 (8) ◽  
pp. 1720-1737 ◽  
Author(s):  
Maria-Isabel Sanchez-Segura ◽  
Alejandro Ruiz-Robles ◽  
Fuensanta Medina-Dominguez ◽  
German-Lenin Dugarte-Peña
Keyword(s):  
Intellectual Capital ◽  
Intangible Assets ◽  
Point Of View ◽  
Strategic Decision ◽  
Real Case ◽  
Content Type ◽  
Business Goals ◽  
Asset Quality ◽  
The Impact ◽  
Organizational Objectives

Purpose The purpose of this paper is to present the strategic intangible process assets characterization (SIPAC) methodology illustrated by an example of its application to the field of information technology (IT). This is a pioneering methodology for characterizing the impact and quality of intangible process assets and intellectual capital as levers to achieve organizational objectives. This strategic intellectual capital approach will help to identify both intangible assets and indicators geared to meeting organizational objectives. This is of vital importance since the success of an organization can be construed in terms of goal achievement. Design/methodology/approach The paper illustrates an example of the step-by-step application of the proposed methodology at an IT company. The aim is to describe its use in a real case so that other companies can benefit from the replication of the methodology used. Findings The proposed methodology (SIPAC) that the authors have designed and applied has been found to be useful and provide an insightful new point of view for strategic decision making in the IT industry taking into account intangible process assets. Practical implications The proposed methodology has been exemplified in a real case. This should help organizations to use the methodology to replicate the results. Originality/value Each and every organization has know-how represented by intangible assets. This paper meets an identified need to use intangible process assets as levers to help organizations achieve their business goals.

scholarly journals Intellectual capital in the public sector

2021 ◽  
Vol 9 (1) ◽  
pp. 267-281
Author(s):  
Sandra Bailoa
Keyword(s):  
Public Sector ◽  
Intellectual Capital ◽  
Intangible Assets ◽  
Production Factor ◽  
Competitive Advantages ◽  
Capital Theory ◽  
The Public ◽  
Structural Capital ◽  
Public Commitment ◽  
Capital Services

The Intellectual Capital theory emerged mainly from analyses and observations in business sector based on the growing importance of intellectual capital as a production factor and on its contribution to create value and competitive advantages. The importance of managing intellectual capital is also recognized in public organizations although the theory reveals differences in application to the public sector and is less developed in this environment. In fact, most methodologies to manage intellectual capital were developed in the business area and research at public sector level did not verify the same attention. In literature it is possible to realize that although there are some studies that analyse the management of intellectual capital in the public sector, there are few studies that suggest methodologies specific to this sector. Thus, this article aims to discuss the main aspects about the applicability of intellectual capital theory to the public sector and to propose a taxonomy of intangible assets appropriate to this sector through critical review of main contributions of literature. The analysis allowed finding several arguments that justify the application of the theory to public sector. It also allowed suggesting a classification of intellectual capital based on the intangible assets considered relevant to public sector namely the set of the followed categories: Human capital, Structural capital, Relational capital, Services capital and Public Commitment capital.

scholarly journals Private Higher Education Instituions’ Intangible Assets

2020 ◽  
Vol 8 (3) ◽  
pp. 357-364
Author(s):  
Jaldemir Santana Batista Bezerra ◽  
Robélius De Bortoli
Keyword(s):  
Higher Education ◽  
Human Capital ◽  
Human Resources ◽  
Intellectual Capital ◽  
Intangible Assets ◽  
Education Institution ◽  
Private Higher Education ◽  
Academic Degree ◽  
Professional Qualification ◽  
Before And After

This article aims to compare the Human Capital, Intellectual Capital and Integrative Capital production of teachers before and after their academic degree. With this goal, the following problem will be answered: the incentive to the teachers to their professional qualification, the academic degree search, of HEI (Higher Education Institution) interest under the aspect of Human Capital, Intellectual Capital and Integrative Capital production rise, has generated expected results in each capital after reaching the titration? The present hypothesis are two: there are no differences in production of Intangible Assets in Human Resources before and after academic degree and there are differences in production of Intangible Assets in Human Resources before and after academic degree. Regarding the methodology, it was used a qualitative approach with deductions and inductions to the production of theoretical construction from the data analysis, proposed by Silva et al, (2010)

scholarly journals The Analysis of Human Capital and Social Capital on Company Performance

2019 ◽  
Author(s):  
Nurintan Asyiah Siregar ◽  
Zuriani Ritonga ◽  
Elvina Elvina
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Intellectual Capital ◽  
Intangible Assets ◽  
Company Performance ◽  
Main Components

Human capital is one of the main components of intellectual capital (intangible assets) owned by the company. The object of research is Bank Rakyat Indonesia (BRI) Sigambal unit. This research attempts to examine whether human capital and social capital have a significant effect on the performance of BRI Sigambal unit both individually (partially) and simultaneously. The results showed that the first, human capital had a significant effect on the performance of BRI Sigambal unit. Second, social capital had a significant effect on the performance of BRI Sigambal unit.

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