Journal of Management Research
Year : 2022, Volume : 22, Issue : 1
First page : ( 51) Last page : ( 69)
Print ISSN : 0972-5814. Online ISSN : 0974-455X.

Measurement of Intellectual Capital

Banerjee Arindam

Associate professor and Assistant Dean of SP Jain School of Global Management, Dubai PO: 502345

Online published on 28 October, 2022.

Abstract

This paper presents a simple and efficient IC measurement framework with four fold objectives. Exploring the parameters that characterize intellectual capital, ways to measure intellectual capital, identify how different successful entrepreneurs measure their intellectual capital and explore newer ways that can enhance the measurement of intellectual capital. This research paper is an exploratory research, which means that the problem has not been clearly defined. Because of this, the main purpose of this research paper is to identify a standard measurement method of intellectual capital. The proposed framework deals with the determination of the key parameters of IC measurement techniques and the organization's current status of IC, measuring the performance of technology, as well as, identification of process effectiveness. Study and investigation of the existing IC measurement techniques, as well as, discussion with the experts are emphasized at the beginning of the framework. The paper presents an IC measurement framework that addresses the issues of organizational growth and economic success. Measurement frameworks for human and organizational capital, thus capturing the people, process and technology aspects of IC valuation. Customer capital or social networks are also captured via debriefing forms to include for social IC valuation. In addition, we include financial measures to correlate the traditional OEC framework with bottom line performance measures.

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Keywords

Intellectual Capital, Intellectual Capital Measurement, Human Capital, Economic Value Added (EVA).

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