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Journal ArticleDOI

Managing organizational knowledge by diagnosing intellectual capital: framing and advancing the state of the field

Nick Bontis
- 01 Apr 2001 - 
- Vol. 18, Iss: 56, pp 267-297
TLDR
A comprehensive literature review from a variety of managerial disciplines is presented in this article, highlighting the research to date, avenues for future pursuit are also offered, as well as highlighting the possibilities for future research.
Abstract
Since organizational knowledge is at the crux of sustainable competitive advantage, the burgeoning field of intellectual capital is an exciting area for both researchers and practitioners. Intellectual capital is conceptualized from numerous disciplines making the field a mosaic of perspectives. Accountants are interested in how to measure it on the balance sheet, information technologists want to codify it on systems, sociologists want to balance power with it, psychologists want to develop minds because of it, human resource managers want to calculate an ROI on it, and training and development officers want to make sure that they can build it. The following article represents a comprehensive literature review from a variety of managerial disciplines. In addition to highlighting the research to date, avenues for future pursuit are also offered.

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Citations
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Journal ArticleDOI

Intellectual capital: an exploratory study that develops measures and models

TL;DR: In this paper, an empirical pilot study that explores the development of several conceptual measures and models regarding intellectual capital and its impact on business performance is presented, which can help both academics and practitioners more readily understand the components of Intellectual Capital and provide insight into developing and increasing it within an organization.
Journal ArticleDOI

Intellectual capital and business performance in Malaysian industries

TL;DR: In this paper, the authors investigate the three elements of intellectual capital, i.e., human capital, structural capital, and customer capital and their inter-relationships within two industry sectors in Malaysia.
Journal ArticleDOI

Assessing knowledge assets: a review of the models used to measure intellectual capital

TL;DR: A review of the literature pertaining to the assessment of knowledge assets can be found in this article, where a variety of models have surfaced in an attempt to measure IC and this paper aims to highlight their strengths, weaknesses and operationalizations.
Journal ArticleDOI

An empirical investigation of the relationship between intellectual capital and firms’ market value and financial performance

TL;DR: In this paper, the authors investigated empirically the relation between the value creation efficiency and firms' market valuation and financial performance, and found that firms' intellectual capital has a positive impact on market value and financial performances, and may be an indicator for future financial performance.
Posted Content

Managing An Organizational Learning System By Aligning Stocks and Flows

TL;DR: In this paper, the authors considered the relationship between the stocks and flows of learning across levels in an overall organizational learning system and found that there is a positive relationship between stocks of learning at all levels and business performance.
References
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Journal ArticleDOI

Theory of the firm: Managerial behavior, agency costs and ownership structure

TL;DR: In this article, the authors draw on recent progress in the theory of property rights, agency, and finance to develop a theory of ownership structure for the firm, which casts new light on and has implications for a variety of issues in the professional and popular literature.
Book ChapterDOI

Firm Resources and Sustained Competitive Advantage

TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.
Journal ArticleDOI

Absorptive capacity: a new perspective on learning and innovation

TL;DR: In this paper, the authors argue that the ability of a firm to recognize the value of new, external information, assimilate it, and apply it to commercial ends is critical to its innovative capabilities.
Journal ArticleDOI

Dynamic capabilities and strategic management

TL;DR: The dynamic capabilities framework as mentioned in this paper analyzes the sources and methods of wealth creation and capture by private enterprise firms operating in environments of rapid technological change, and suggests that private wealth creation in regimes of rapid technology change depends in large measure on honing intemal technological, organizational, and managerial processes inside the firm.
Posted Content

An Evolutionary Theory of Economic Change

TL;DR: In this paper, the authors developed an evolutionary theory of the capabilities and behavior of business firms operating in a market environment, including both general discussion and the manipulation of specific simulation models consistent with that theory.