Title: Value creation through measurement of innovation capability - an intellectual capital management perspective

Authors: Sanna Pekkola; Minna Saunila; Virpi Sillanpää; Juhani Ukko; Satu Parjanen; Juho Salminen; Martti Mäkimattila; Tero Rantala

Addresses: Lahti School of Innovation, Lappeenranta University of Technology, Saimaankatu 11, FIN-15140 Lahti, Finland ' Lahti School of Innovation, Lappeenranta University of Technology, Saimaankatu 11, FIN-15140 Lahti, Finland ' Department of Information Management and Logistics, Tampere University of Technology, P.O. Box 541, FIN-33101 Tampere, Finland ' Lahti School of Innovation, Lappeenranta University of Technology, Saimaankatu 11, FIN-15140 Lahti, Finland ' Lahti School of Innovation, Lappeenranta University of Technology, Saimaankatu 11, FIN-15140 Lahti, Finland ' Lahti School of Innovation, Lappeenranta University of Technology, Saimaankatu 11, FIN-15140 Lahti, Finland ' Lahti School of Innovation, Lappeenranta University of Technology, Saimaankatu 11, FIN-15140 Lahti, Finland ' Lahti School of Innovation, Lappeenranta University of Technology, Saimaankatu 11, FIN-15140 Lahti, Finland

Abstract: The purpose of this paper is to examine whether prior theories of intellectual capital (IC) management can be utilised in the measurement of innovation capability. The study is based on the current literature on innovation capability and intellectual measurement and management. It examines the match between these two parameters to determine how the measurement and management of innovation capability can best be organised. The paper presents a measurement and management framework for the measurement of innovation capability by taking account of the static and dynamic view of IC. This paper proposes a framework for defining measures of innovation capability performance based on measures derived from the study of IC.

Keywords: innovation capability measurement; value creation; intellectual capital management.

DOI: 10.1504/IJIE.2014.066675

International Journal of Intelligent Enterprise, 2014 Vol.2 No.2/3, pp.196 - 212

Received: 03 Jan 2014
Accepted: 16 Sep 2014
Published online: 14 Jan 2015 *

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