Intellectual Capital

Table of Context Introduction2 Research Question3 Background4 What are Intangible Assets (Intellectual Capital)?4 Intellectual Capital Classification5 Existing theories of IC measurement8 Organizational deed 11 Value creation 11 VALUE-CREATION MODELS12 counterpane IN THE LITERATURE18 HYPOTHESIS19 REFERENCES20 INTRODUCTION The importance of financial assets in the determination of a companys market place is decreasing steadfast and it is equally recognised that non-financial (or intangible asset) assets (IA) are at once the briny drivers of performance and market honour. Wealth and growth in like a shots economy are primarily operate by intangible (intellectual) assets. The rise of new economy has highlighted the situation that the value created depends far slight on their physical assets than on their intangible ones. These assets, often described as intellectual bang-up, are macrocosm recognised as the foundation of individual, organizational and subject firmament competitiveness in the twenty-first century (Wigg, 1997; Bounfour and Edvinsson, 2005). As eyeshade by Pike et al.

(2002:659), as the business society is developed, the adjourn step in value creation has ascended an intellectual stairway. The latest surveys confirm the fact that nowadays that one trinity of all the effected investment solutions is based on the embody Intangible Assets, and that the decisions made on the basis of IA allow them to claim a more accurate prediction of income and profitability of a company in the future, and, hence, the companys value for the shareholders. However, co mparatively little is known about how intell! ectual capital in reality affects a firms performance. Given the extremely colonial and ambiguous nature of intellectual capital, this is hardly surprising. withal less is known about the impact and implications of intellectual capital for innovative...If you involve to get a full essay, order it on our website: OrderEssay.net

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