Title: Performance of intellectual capital among Thailand's publicly listed companies

Authors: Zbigniew Pastuszak; Supakij Chuacharoen; Dan Tong-in; Pornthep Anussornnitisarn; Sasivimol Meeanpol; Stacy Huey Pyng Shyu

Addresses: Faculty of Economics, Maria Curie-Sklodowska University, Lublin 20-031, Poland ' Center of Advanced Sciences in Industrial Technology, Faculty of Engineering, Kasetsart University, Bangkok 10900, Thailand ' Center of Advanced Sciences in Industrial Technology, Faculty of Engineering, Kasetsart University, Bangkok 10900, Thailand ' Center of Advanced Sciences in Industrial Technology, Faculty of Engineering, Kasetsart University, Bangkok 10900, Thailand ' Center of Advanced Sciences in Industrial Technology, Faculty of Business Administration, Kasetsart University, Bangkok 10900, Thailand ' Faculty of Business Administration, National Kaohsiung First University of Science and Technology, Kaohsiung City 811, Kaohsiung, Taiwan

Abstract: The intellectual capital (IC) supports a business' competitive advantage to business at present such as skills and expertise, process capability, customer trusts, supplier partnership, and patents. Measuring the IC level has been greatly simplified and is now able to adapt existing accounting information. This study measures and evaluates the IC level for Stock Exchange of Thailand or SET 50 during the period of 2006 until 2010. Its objective is to gain some insights into the IC development of leading Thai companies by applying the value added intellectual capital (VAIC) method. The results show that the average VAIC value for all seven industrial sectors of SET 50 that reflect the successful operations which utilise the intangible assets, especially human capitals, efficiently.

Keywords: value added intellectual capital; VAIC; intangible assets; innovation; creativity; learning; Thailand; accounting information.

DOI: 10.1504/IJIL.2013.055526

International Journal of Innovation and Learning, 2013 Vol.14 No.2, pp.241 - 253

Available online: 31 Jul 2013 *

Full-text access for editors Access for subscribers Purchase this article Comment on this article