Intellectual Capital in Organizations: Non-Financial Reports and Accounts, 1st Edition (Paperback) book cover

Intellectual Capital in Organizations

Non-Financial Reports and Accounts, 1st Edition

Edited by Patricia Ordoñez de Pablos, Leif Edvinsson


316 pages | 38 Color Illus. | 76 B/W Illus.

Look Inside
Purchasing Options:$ = USD
Paperback: 9781138617247
pub: 2018-06-08
Hardback: 9780415737821
pub: 2014-12-18
eBook (VitalSource) : 9781315817781
pub: 2014-12-05
from $24.98

FREE Standard Shipping!


In a global competitive economic environment, resources that are scarce or irreplicable are a source of sustained competitive advantage for companies and organizations. Knowledge-based resources are a major and increasing driver of long term competitive advantage. Most accounting standards however do not allow for knowledge-based resource calculations, including the most important of these, intellectual capital. Intellectual capital is the collective knowledge, documented and otherwise, of individuals in an organization. In the absence of accounting standards to numerically evaluate intellectual capital, some institutions have devised their own reports and statements. But why should companies, universities, and research centers measure these resources? How are intellectual capital statements built? How does one set targets, and what indicators should they include?

This book reviews the development of the field of intellectual capital reporting, including core concepts, latest developments, the main components of intellectual capital, how a statement is built, and key indicators of each component. It further analyzes experiences from a variety of pioneering companies and institutions around the globe in measuring intellectual capital, including case studies from educational and research institutions, and provides crucial transnational comparisons. Authors Ordóñez de Pablos and Edvinsson examine the challenges and next steps for the harmonization of intellectual capital reports, consider the creation of a special international agency for intellectual capital reporting standards, and evaluate the weaknesses of current standards and how they might be overcome.


‘Intellectual capital is an important value driver in today’s organizations. This book will make a significant contribution to both the academic and industrial fields.’Jingyuan Zhao, University of Quebec at Montreal, Canada

Table of Contents

Part I: Knowledge-Based Resources as the Basis for Competitive Advantage for Countries and Regions 1. Identifying Knowledge-Based Factors Supporting Regional Development. Theoretical Frameworks and Systems of Indicators Giovanni Schiuma and Antonio Lerro 2. A New Theory of Value: The New Invisible Hand of Altruism Thomas J. Housel, Wolfgang Baer and Johnathan Mun Part II: The Importance of Measuring Knowledge-Based Resources 3. Towards Measurement of Intangible Capital: Assessment of the Methods Presented by Baruch Lev Pirjo Ståhle and Sten Ståhle 4. Intellectual Capital Disclosure and Market Valuation Abdifatah Ahmed Haji and Nazli Anum Mohd Ghazali Part III: Intellectual Capital Reports in Europe 5. Intellectual Capital Statement as a Strategic Management Tool – The European Approach Markus Will 6. The Overview of IC Reporting Models within Serbian Industries Sladjana Cabrilo 7. Shaping New Managerial Models for European Universities: The Impact of Reporting and Managing IC Susana Elena Perez, Karl Heinz Leitner, Giustina Secundo and Žilvinas Martinaitis Part IV: Intellectual Capital Reports in Asian Institutions8. A Knowledge Management Approach to Intellectual Capital Reporting in Hong Kong Rongbin W.B. Lee and Jessica Y.T. Yip 9. Reporting on Intangibles: A Recent Survey from Japan Tadanori Yosano 10. IC in Japan: Governmental Guidelines, Financial Market Perceptions and Company Practice Ulf Johanson and Chitoshi Koga Part V: Intellectual Capital in Latinamerica11. Innovation and Intangibles: The Challenges of Brazil Marcos Calvalcanti and André Pereira Neto 12. Evaluating Intangibles Assets and Competitiveness in Brazilian Firms: The BNDES’s Approach Helena Tenório Veiga de Almeida and Joao Paulo Carneiro H. Braga Part VI: Asian versus Western Approaches on Intellectual Capital Reports13. Varieties of Capitalism vs. Varieties of ‘Soft Regulatory’ Theories: A Discussion on the Case of Intangibles Reporting in Japan and Germany Laura Girella and Stefano Zambon Part VII: Trends and Challenges for Intellectual Capital Reports14. Trends and Challenges of Future IC Reporting: Experiences from Japan Jun Yao and Erik Bjurström 15. Trends and Challenges for Intellectual Capital Eunika Mercier-Laurent

About the Editors

Patricia Ordóñez de Pablos is Professor in the Department of Business Administration and Accountability in the Faculty of Economics at the University of Oviedo, Spain. Her teaching and research interests focus on the areas of strategic management, knowledge management, intellectual capital, and China. She serves as an Associate Editor for the Behaviour and Information Technology journal and is Editor-in-Chief of the International Journal of Learning and Intellectual Capital and the International Journal of Strategic Change Management.

Leif Edvinsson is Professor of Intellectual Capital at Lund University, Sweden and Chair Professor at Hong Kong Polytechnic University. He is a key pioneering contributor to both the theory and practice of intellectual capital. He is the author of numerous journal articles on service management and intellectual capital, and in 1997 co-authored (along with Michael S. Malone) one of the first books on intellectual capital. He serves as special advisor on Societal Entrepreneurship to the Swedish Governmental Foundation for Competence Development and to the Swedish Governmental Agency for Innovation.

About the Series

Routledge Advances in Organizational Learning and Knowledge Management

Strategic topics such as Organizational Learning (OL) Knowledge Management (KM), and Intellectual Capital (IC) are gaining greater interest both from the academic community and organisations in the highly competitive environment of today’s economy. The influence of innovation and learning present a competitive advantage for firms, universities, organizations and regions.

The main goal of this book series is to bring together a selection of new perspectives from leading researchers on topics such as knowledge management and learning in cities and regions; knowledge management and intellectual capital reporting in universities, research centres and cities; future skills of knowledge workers, gammification and more.

The books in this series will reflect the most up-to-date research by leading experts from around the world, with special attention to new emerging topics. Some of the books will have a specific focus on relevant topics within certain economies/zones (for example, Central Asia, Himalayan Region, Gulf Region, New Silk Route).

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Workplace Culture
BUSINESS & ECONOMICS / Knowledge Capital
BUSINESS & ECONOMICS / Organizational Development