Title: An evaluation methodology for the tangible and intangible assets of city-regions: the 6K1C framework

Authors: Koray Velibeyoglu, Tan Yigitcanlar

Addresses: Department of City and Regional Planning, Izmir Institute of Technology, Urla, 35430 Izmir, Turkey. ' School of Urban Development, Queensland University of Technology, Brisbane, Qld 4001 Australia

Abstract: Together with hard and soft networks, tangible and intangible regional assets play an important role in the knowledge-based development of competing city-regions. The aim of this paper, therefore, is to investigate the best ways of managing invaluable tangible and intangible assets of city-regions. The paper explores the importance of asset management of city-regions by giving special emphasis on their knowledge asset base. This paper develops and introduces a theoretical framework to conceptualise a new approach to articulate the strategic planning mechanism, so called the 6K1C framework. The 6K1C framework is part of the strategic planning process of continuous improvement of overall public sector performance. The framework provides a proactive check-list approach integrated for managing and harnessing tangible and intangible assets of the post-industrial city-regions.

Keywords: knowledge-based urban development; KBUD; strategic planning; tangible assets; intangible assets; capital systems; asset management; 6K1C; hard networks; soft networks; regional assets; continuous improvement; public sector; post-industrial city regions; proactive check-lists; intellectual capital; service productivity; services technology; services management.

DOI: 10.1504/IJSTM.2010.035783

International Journal of Services Technology and Management, 2010 Vol.14 No.4, pp.343 - 359

Available online: 04 Oct 2010 *

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