Title: A dynamic view of knowledge and information: a stock and flow based methodology

Authors: Livio Cricelli, Michele Grimaldi

Addresses: Faculty of Engineering, Department of Mechanics, Structure and Environment, Universita di Cassino, Via G. Di Biasio, 43, 03043 Cassino (FR), Italy. ' Faculty of Engineering, Department of Mechanics, Structure and Environment, Universita di Cassino, Via G. Di Biasio, 43, 03043 Cassino (FR), Italy

Abstract: Traditional accounting systems focus on the evaluation on tangible assets, neglecting the value addition contributed to business performance by intangibles. This paper explores the intangible evaluation concept and suggests a stock and flow based analysis to assess a methodology that could highlight static and dynamic aspects and their mutual impact on business performance. A general sketch, clarifying the numerous cause-effect relations among intangible assets, is provided to support the management in decision making. The aim of this methodology coincides with the main target pursued by firms: to get a competitive advantage or to maintain the already acquired leadership.

Keywords: information management; knowledge management; accounting; intellectual capital; intangible assets; asset evaluation; stocks; flows; dynamic capabilities; business performance; decision making.

DOI: 10.1504/IJMDM.2008.021221

International Journal of Management and Decision Making, 2008 Vol.9 No.6, pp.686 - 698

Published online: 13 Nov 2008 *

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