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Intellectual capital: an exploratory study that develops measures and models

Nick Bontis (National Centre for Management Research and Development, Richard Ivey School of Business, University of Western Ontario, London, Ontario, Canada)

Management Decision

ISSN: 0025-1747

Article publication date: 1 March 1998



This paper details an empirical pilot study that explores the development of several conceptual measures and models regarding intellectual capital and its impact on business performance. The objective of this pilot study is to explore the development of items and constructs through principal components analysis and partial least squares (PLS). The final retained, subjective measures and optimal structural specification show a valid, reliable, significant and substantive causal link between dimensions of intellectual capital and business performance. These results should help both academics and practitioners more readily understand the components of intellectual capital and provide insight into developing and increasing it within an organization. Suggestions are then made to advance and improve this research programme.



Bontis, N. (1998), "Intellectual capital: an exploratory study that develops measures and models", Management Decision, Vol. 36 No. 2, pp. 63-76.




Copyright © 1998, MCB UP Limited

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