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Intellectual Capital
Beginning appropriately with an executive summary, this guide to the new business world introduces an intellectual capital approach. The Scandinavian editors define IC "as a language for thinking, talking and doing something about the drivers of companies' future earnings." Such a new language entails new measures (the IC-index approach), ways to connect to shareholder value, and ultimately, a new meaning of management. Annotation copyrighted by Book News, Inc., Portland, OR
Intellectual Capital
One of the greatest challenges facing any business today is the gap between its balance sheet and its market valuation. This gap, representing the bulk of a company's true value, consists of indirect assets -- organizational knowledge, customer satisfaction, product innovation, employee morale, patents, and trademarks -- that never appear in its financial reports. Only in the last few years have companies and academics around the world tackled the challenge of measuring this "Intellectual Capital." And no company has taken IC measurement as far as the Swedish financial services company Skandia, which in 1995 published the world's first IC annual report. The executive who led the team, the fi...
Intellectual Capital for Communities
In the knowledge economy, the value of corporations is directly related to their knowledge and intellectual capital. But broaden the perspective a little wider and you begin to see the possibilities: Think of cities, regions, even entire nations, in addition to the public sector. If intangibles and intellectual capital are important to the private sector, they are also important to the productivity and competitiveness of the public sector, and so to communities and nations as a whole. In this book, Editors Ahmed Bounfour and Leif Edivinsson have brought together the best minds in intellectual capital throughout the world to focus on a new and fertile area of research: measuring and managing the intellectual capital of communities. This is a creative and cutting-edge area of research that has the potential to change how public sector planning and development is done. Once there is a clear way to identify where wealth is created in a given region/nation, this process has the potential to reveal a huge knowledge repository in the public sector with a significant—but idle—potential for collective wealth creation—the wealth of nations in waiting.
Intellectual Capital
It's easy to add up the obvious assets of a business: simply tally the value of the physical attributes like computers, real estate, inventory, vehicles, etc. But there is much more to a business, including patents, copyrights, trademarks and, above all, worker creativity and talent. Leif Edvinsson is the world's leading authority on intellectual capital-- those elusive assets that represent the skills and ideas of the people behind the products. As Director of Intellectual Capital at Skandia, one of Europe's most respected and forward-thinking financial firms, he has developed a method for quantifying, expanding, developing and managing these resources. Using case studies of Microsoft, IBM, Netscape, Cisco and Pixar, Leif Edvinsson and Michael S. Malone, a high-tech journalist and coauthor of the bestselling "The Virtual Corporation", explain how the most successful companies have discovered the benefits of utilizing, and the dangers of ignoring, intellectual capital.
Intellectual Capital
It's easy to add up the obvious assets of a business: simply tally the value of the physical attributes like computers, real estate, inventory, vehicles, etc. But there is much more to a business, including patents, copyrights, trademarks and, above all, worker creativity and talent. Leif Edvinsson is the world's leading authority on intellectual capital-- those elusive assets that represent the skills and ideas of the people behind the products. As Director of Intellectual Capital at Skandia, one of Europe's most respected and forward-thinking financial firms, he has developed a method for quantifying, expanding, developing and managing these resources. Using case studies of Microsoft, IBM, Netscape, Cisco and Pixar, Leif Edvinsson and Michael S. Malone, a high-tech journalist and coauthor of the bestselling "The Virtual Corporation", explain how the most successful companies have discovered the benefits of utilizing, and the dangers of ignoring, intellectual capital.
National Intellectual Capital
Over the past decade, knowledge assets and intellectual capital have been attracting an increasing amount of attention, not only from academics and CEOs, but also from national policy makers. To date, most studies of intellectual capital have focused at the organizational level, with an emphasis on explaining the role of “intangible assets” as a differentiator between accounting value and market value as a possible source of corporate competitive advantage. More recently, pioneers in the field, including the authors of this book, have begun to apply these methodologies to a broader scope, with the objective of comparing the intellectual capital indices at the national or regional level. ...
