- Log In/Sign Up
- E-ISSN2233-5382
- KCI
E-ISSN : 2233-5382
Intellectual Capital: A Review from the Literature
Khatun, Naima
Abstract
Purpose - The purpose of this paper is to get a clear concept about intellectual capital and reports on intellectual capital in different entities based on the literature review. Research design, data, and methodology - This study was mainly written in a way of descriptive research. The current studies deal with the theoretical and reporting aspects on intellectual capital. Thus, this research is developed on the basis of previous descriptive and empirical research papers. Results - This study finds that intellectual capital is the combination of human capital, structural capital and relational capital but there is no unique measurement system or process to define intellectual capital. The findings also indicates that the measurement for intellectual capital varies based on the measurement process, time period, firms, industries and country to country perspectives. It can be also observed that firms have the tendency not to disclose the intellectual capital information. Conclusions - This study recommends that intellectual capital should be presented in a fixed format and human, relational and structural capital should be included as intellectual capital. Additionally, it suggests that mandatory requirement of legislation, effective corporate governance mechanism and stock exchange listing requirement might increase the quality of intellectual reporting.
- keywords
- Intellectual Capital, Human Capital, Relational Capital, Structural Capital
Reference
Beattie, V., & Thomson, S. J. (2007). Lifting the lid on the use of content analysis to investigate intellectual capital disclosures. Accounting Forum, 31, 129–163.
Belal, A. R., & Ali, M. M. (2013). Intellectual Capital Disclosures in Islamic Bank Bangladesh: A Longitudinal Study (1983-2010). Proceedings of the Conference of British Accounting and Finance Association.
Bukh, P. N., Larsen, H. T., & Mouritsen, J. (2001). Constructing intellectual capital statements. Scandinavian Journal of Management, 17, 87-108.
Chu, P. Y., Lin, Y. L., Hsiung, H. H., & Liu, T. Y. (2006). Intellectual capital: An empirical study of ITRI. Technological Forecasting & Social Change, 73, 886–902.
Habersam, M., Piber, M., & Skoog, M. (2013). Knowledge balance sheets in Austrian universities: The implementation, use and re-shaping of measurement and management practises. Critical Perspectives on accounting, 24(4-5), 319-337.
Kaplan, R. S., & Norton, D. P. (1992). The balanced scorecard -measures that drive performance. Harvard Business Review, 70 (1), 71-79.
Kim, D. Y., & Kumar, V. (2009). A framework for prioritization of intellectual capital indicators in R &D. Journal of Intellectual Capital, 10(2), 277-293.
Kim, T., Yoo, J. J. E., & Lee, G. (2010). The HOINCAP scale: measuring intellectual capital in the hotel industry. The Service Industries Journal, 31(13), 2243-2272.
Manzari, M., Kazemi, M., Nazemi, S., & Pooya, A. (2012). Intellectual capital: concepts, components, and indicators: a literature review. Management Science Letters, 2, 2255-2270.
Meritum Project. (2002). Guidelines for managing and reporting on intangibles. Retrieved March 30, 2016, from http://www.urjc.es/innotec/tools/MERITUM%20Guidelines.pdf
Montequin, V. R., Fernandez, F. O., Cabal, V. A., & Gutierrez, N. R. (2006). An integrated framework for intellectual capital measurement and knowledge management implementation in small and medium sized enterprises. Journal of Information Science, 32(6), 525-538.
Mouritsen, J., Thorbjørnsen, S., Bukh, P. N., & Johansen, M. R. (2004). Intellectual capital and new public managment : Reintroducing enterprise. The Learing Organisation, 11(4/5), 380-392.
Nurunnab, M., Hossain, M., & Hossain, M. (2011). Intellectual Capital Reporting in a South Asian Country: Evidence from Bangladesh. Journal of Human Resource Costing and Accounting, 15(3), 196-231.
Neil, D. J. (1988). The valuation of intellectual property. International Journal of Technology Management, 3, 1-2.
Peng, T. J. A., Pike, S., & Roos, G. (2007). Intellectual capital and performance indicators: Taiwanese healthcare sector. Journal of Intellectual Capital, 8(3), 538-556.
Robinson, G., & Kleiner, B. H. (1996). How to measure an organization’s intellectual capital. Managerial Accounting Journal, 11(8), 36-39.
Rudez, H. N., & Mihalic, T. (2007). Intellectual capital in the hotel industry: A case study from Slovenia. Hospitality Management, 26, 188–199.
Sveiby, K. E., & Risling, A. (1986). The Knowledge Company : The Most Important Management Challenge in this Century?. Malmo, Sweden: Liber.
Tai, W. S., & Chen, C. T. (2009). A new evaluation model for intellectual capital based on computing with linguistic variable. Expert Systems with Applications, 36, 3483–3488.
Unerman, J., Guthrie, J., & Striukova, L. (2007). United Kingdom Reporting of Intellectual Capital. London:Institute of Chartered Accountants of England and Wales Centre for Business Performance.
Wall, A. (2005). The measurement and management of intellectual capital in the public sector. Public Management Review, 7(2), 289-303.
- Downloaded
- Viewed
- 0KCI Citations
- 0WOS Citations