Title: National intellectual capital model and measurement

Authors: Carol Yeh-Yun Lin; Leif Edvinsson

Addresses: Department of Business Administration, National Chengchi University, 64, Sec. 2, ZhiNan Road, Taipei (116), Taiwan. ' Universal Networking Intellectual Capital, Posthusgatan 5, SE 761 30 Norrtalje, Sweden

Abstract: Over the past few decades, intangible assets, such as knowledge, patents, and innovation, have been identified as fundamental sources of wealth and progress. These assets represent a major concern for business firms, their stakeholders, policy makers and world organisations for proper positioning in the world competition and for wise resource allocation. As a result, measuring the intangibles has become a challenge. This paper reports a validated national intellectual capital measurement model, consisting human capital, market capital, process capital, renewal capital and financial capital that enables nations to conduct comparisons, benchmarking, refining and re-orienting national development strategies for sustaining their competitive advantages. The national intellectual capital ranking for 41 countries and their dynamic development are also elaborated.

Keywords: intellectual capital; measurement models; intangible assets; national ranking; knowledge; patents; innovation; intangibles; human capital; market capital; process capital; renewal capital; financial capital.

DOI: 10.1504/IJKBD.2012.045570

International Journal of Knowledge-Based Development, 2012 Vol.3 No.1, pp.58 - 82

Received: 01 Jul 2011
Accepted: 09 Dec 2011

Published online: 31 Jul 2014 *

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