Assessing national and regional value creation

Leif Edvinsson (Leif Edvinsson is CEO of UNIC. He is the world’s first holder of Professorship of Intellectual Capital, Lund University, Sweden, He is also the world’s first Director of Intellectual Capital, Brain of the Year 1998, Creator of Universal Networking Intellectual Capital and Global Knowledge Nomad. He can be contacted at: Mobile: +46‐70‐5925078, E‐mail: leif.edvinsson@unic.net, Internet: www.corporatelongitude.com)

Ahmed Bounfour (Ahmed Bounfour is Developer of the IC‐dVAL^® approach, Associate Professor for Strategic Management Research Programme on Intangibles, University of Marne La Vallee‐East Paris, France. He can be contacted at: Mobile: +33 6 07 60 50 74, E‐mail: Bounfour@univ‐mlv.fr and a.bounfour@wanadoo.fr)

Measuring Business Excellence

ISSN: 1368-3047

Publication date: 1 March 2004

Abstract

In the knowledge economy, the value of corporations, organizations and individuals is directly related to their knowledge and intellectual capital. This does not only apply to organizations in the private or public sector but also to entire nations. If intangibles and intellectual capital are important to organizations, they are also important to the productivity and competitiveness of nations as a whole. The question we try to answer is how can we better understand the dynamics of intangibles on a national scale?