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1 – 10 of 162Leif Edvinsson and Ahmed Bounfour
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…
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?
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Carol Y.Y. Lin and Leif Edvinsson
The threefold purpose of this paper is to reflect on the evolution and transformation of the Journal of Intellectual Capital (JIC) over the past 20 years, to project its future…
Abstract
Purpose
The threefold purpose of this paper is to reflect on the evolution and transformation of the Journal of Intellectual Capital (JIC) over the past 20 years, to project its future research directions, and, finally, to propose an IC ecosystem.
Design/methodology/approach
We adopted a combination of a narrative and a systematic review of 700 JIC papers appearing in the journal in its entirety, from Volume 1 (2000) to Volume 20 (2019). The categorization of topics is based on the frequency of keywords in the titles of the papers.
Findings
Scholars have proposed four stages of intellectual capital (IC) research: definition/awareness, measurement/management, implementation/strategy, and ecosystem. Over the past 20 years, a total of 16 special issues were published in the journal. The five topics with the highest paper counts in descending order are country-specific studies, concept papers, reporting and disclosure, measurement and performance. Four issues require the researcher’s special attention: theoretical development, IC research methodology, national intellectual capital, and data collection. An IC ecosystem is proposed to invite discussion and refinement. For future research, ecosystem-oriented and interdisciplinary research are suggested. Research design aimed at achieving Sustainable Development Goals are encouraged.
Research limitations/implications
Intellectual capital research has implications for four major types of stakeholders, namely academia, government agencies, practitioners, and top management team of organizations. The major limitation of this research is that this review of twenty years of intellectual capital research is limited exclusively to the papers published in the JIC; IC papers published in relevant journals or conferences were not included.
Originality/value
This paper presents a comprehensive review of the articles published in the first 20 volumes of the JIC. The field of intellectual capital has evolved from the social construction of IC knowledge to IC knowledge diffusion and inheritance. Hopefully, a fully developed IC ecosystem will eventually emerge. IC researchers can position themselves in the IC research continuum and devise distinctive pathways to enhance their contributions to the transformation of IC research.
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The city can be viewed from many perspectives. In this article the author's perspective will be the city as knowledge tool. In the knowledge economy it might be argued that one of…
Abstract
Purpose
The city can be viewed from many perspectives. In this article the author's perspective will be the city as knowledge tool. In the knowledge economy it might be argued that one of the most essential dimensions will be the relational as well as organizational dimensions, such as a city. The city is the larger context, or structural capital surrounding the human capital, for the value creation dynamics. This also implies that the city is a very complex issue but also highly dynamic knowledge context.
Design/methodology/approach
The method is literature review, empirical project case observations and creative research.
Findings
The city might be seen in this context of a more or less good city regime to support the value creation from and for the knowledge workers. Then the distinction can be that a knowledge city is purposely designed for encouraging and nourishing the collective knowledge, i.e. intellectual capital, as capabilities to shape efficient and sustainable actions of welfare over time. The city can be seen as the structural capital surrounding the human capital but also the relational capital connecting the human capital with the structural capital to give a higher value adding for the knowledge worker.
Practical implications
The city design is the critical organizational and relational capital of tomorrow for the knowledge worker. The city concept and design of its new urbanism, i.e. people migrating into cities, is becoming more and more of a strategic tool in the global competition of knowledge or talent war. To shape the efficient interface for the individual knowledge worker to leverage the global opportunity space with a local opportunity space. In the case of urban design for the knowledge economy this might take us to the need for designing a knowledge port for the knowledge flow as an exchange design for the intangible flows.
Originality/value
This paper views the larger structural capital surrounding the knowledge worker by both looking at some cases as well as stating a preliminary model of drivers for design of a knowledge city. These mentioned cases or forecasts might have strong impact on the urban design for attracting and nourishing citizens for the growth of social capital as network of friends into a new type of urbanism for minds. The knowledge city design is a unifying concept that will help to integrate perspectives of economics, urban studies and knowledge management. The design of a knowledge harbor concept is a multidisciplinary issue and is now being prototyped in reality.
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LEIF EDVINSSON and CAROLINE STENFELT
This paper focuses on the concept of Intellectual Capital (IC) of Nations and the need for a change of perspectives from financial to intellectual values. Although the paper…
Abstract
This paper focuses on the concept of Intellectual Capital (IC) of Nations and the need for a change of perspectives from financial to intellectual values. Although the paper briefly describes the concept of IC within business, the principal focus is on IC of Nations. IC of a Nation includes the hidden values of individuals, enterprises, and institutions, communities and regions that are the current and potential sources for wealth creation. It is proposed that every nation should start a process in visualising and measuring IC as a complement to traditional state finances. The present paper also examines the ongoing prototyping within Sweden, Israel and Austria that was initiated in 1996. In addition, the paper describes one of the tools — the IC Navigator for Nations — that can be used to present a pedagogical and holistic view and bring balance between intellectual and financial capital. Examples of indicators of IC for Sweden and Israel are described.
Nick Bontis and Danny Nikitopoulos
A synopsis of key topics, issues and findings as presented at the 4th World Congress on Intellectual Capital hosted by McMaster University in Hamilton, Ontario, Canada. There were…
Abstract
A synopsis of key topics, issues and findings as presented at the 4th World Congress on Intellectual Capital hosted by McMaster University in Hamilton, Ontario, Canada. There were 536 delegates from 32 countries discussing the growing importance of intellectual capital. This paper highlights the key messages from the keynote speakers of the conference. Includes a summary of the presentations of such luminaries as Shahla Aly, VP Communication Sector at IBM Canada; Stephen Denning, KM director of the World Bank; Don Tapscott, chairman of Digital 4Sight; Ante Pulic and Ursula Schneider, directors of the Austrian Intellectual Capital Research Centre; Tom Jenkins, CEO of OpenText; Leif Edvinsson, VP of Knexa.com Enterprises; Verna Allee, president of Integral Performance Group; and Don Morrison, COO of Research in Motion.
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The purpose of this paper is to offer a personal critical reflection on the future of intellectual capital (IC) based on my experience as an IC researcher, author, editor, teacher…
Abstract
Purpose
The purpose of this paper is to offer a personal critical reflection on the future of intellectual capital (IC) based on my experience as an IC researcher, author, editor, teacher and practitioner.
Design/methodology/approach
Offers a first-hand reflection on the future of IC, using evidence collected from IC in the field and the author’s personal reflections.
Findings
I argue that the authors need to abandon reporting and instead concentrate on how an organisation discloses what “was previously secret or unknown”, so that all stakeholders understand how an organisation takes into consideration ethical, social and environmental impacts in keeping with an eco-systems approach to IC.
Research limitations/implications
While much of the empirical evidence presented in this paper is freely available to all scholars, the interpretation and findings is subjective. Other researchers, given the same opportunity and evidence, may not necessarily make the same conclusions.
Social implications
We are now on the cusp of the fourth stage of IC research (Dumay, 2013), whereby IC expands its boundaries into the wider eco-system, to “go beyond IC reporting” (Edvinsson, 2013, p. 163).
Originality/value
Offers a critical review of the impact of IC reporting which is relevant to consider because of the newfound resurging interest in IC, based on the current push for integrated reporting ( < IR > ), which arguably contains IC information targeted at investors.
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Analyses three appointments in different countries by three organizations — Skandia, Dow Chemical Co., and the Canadian Imperial Bank of Commerce's Leadership Centre. Looks at the…
Abstract
Analyses three appointments in different countries by three organizations — Skandia, Dow Chemical Co., and the Canadian Imperial Bank of Commerce's Leadership Centre. Looks at the way the appointee's (Leif Edvinsson, Gordon Petrash and Hubert Saint‐Onge) have applied their thinking.
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Leif Edvinsson, Peder Hofman‐Bang and Kristine Jacobsen
The purpose with the paper is to bring forward the opportunities we face by realizing that future economics lie in knowledge and intangibles. We want to communicate this as a…
Abstract
The purpose with the paper is to bring forward the opportunities we face by realizing that future economics lie in knowledge and intangibles. We want to communicate this as a giant business potential, as capital in waiting by introducing some tools and cases. Two concrete leadership tools are presented and discussed (IC Rating and Balanced Scorecard‐like approaches) and cases from different places around the globe are introduced. These methods and conclusions will support any organization wishing to take part in the intellectual capital evolution. The countries, societies, businesses and individuals grasping the opportunity of exploit their intellectual capital in waiting will be the winners of tomorrow. Their skills will be shown in new cultivated leadership, new company navigation tools for strategic mapping and measurement, transparent reporting of intangibles as well as new approaches to risk assessment. The longitude perspective of Leif Edvinsson is for the first time combined with the extensive research made within the EU project, PRISM, as well as with two of the most popular practical applications of intangible measurements, IC Rating and the BSC. In addition, the IC Rating and BSC are intertwined, introducing a completely new approach for organizational development, Sei‐Cho.
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