National Intellectual Capital

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Format: Hardcover
Pub. Date: 2010-11-05
Publisher(s): Springer Verlag
List Price: $179.99

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Summary

Over the past decade, knowledge assets and intellectual capital have been attracting an increasing amount of attention, not only from academics and CEOs, but also from national policy makers. To date, most studies of intellectual capital have focused at the organizational level, with an emphasis on explaining the role of 'œintangible assets' as a differentiator between accounting value and market value as a possible source of corporate competitive advantage. More recently, pioneers in the field, including the authors of this book, have begun to apply these methodologies to a broader scope, with the objective of comparing the intellectual capital indices at the national or regional level. As a result, an increasing number of world organizations and researchers are commissioned to investigate this future-oriented crucial national issue. Yet, the linkage between the value of intangible assets and how to quantify or benchmark it is still tenuous, not to mention easily misunderstood by a layman for guiding better decision making. With the belief that numbers talk and statistics hide valuable information, this book serves to present the authors' research findings, covering 14 years (1995-2008) of intellectual capital information, comprised of human capital, market capital, process capital, renewal capital, and financial capital for 40 countries. The last three chapters go beyond analysis of current intellectual capital factors, and present practical tools for launching initiatives at the national level. The book will serve as an essential resource for researchers, policy makers, and business leaders concerned with issues of economic growth and competitiveness, innovation, and business creation.

Table of Contents

Introduction of National Intellectual Capitalp. 1
Introductionp. 1
Development of National Intellectual Capitalp. 2
Five Types of Component Capitalp. 3
Expected Contributionsp. 5
Chapter Organization of This Bookp. 6
Background of National Intellectual Capitalp. 7
Motivation for Writing This Bookp. 7
Current National Intellectual Capital Measurement Modelsp. 8
Measurements Proposed by Regional or World Development Organizationsp. 9
National Intellectual Capital Models Proposed by Individual Researchersp. 11
Obstacles to the Measurement of National Intellectual Capitalp. 12
Summaryp. 16
Methods and National Intellectual Capital Ranking of 40 Countriesp. 17
Proposed National Intellectual Capital Measurement Modelp. 17
Indicator Selection and Validationp. 18
Validation of NICI40 Measurement Modelp. 21
Methodsp. 21
National Intellectual Capital Indices for 40 Countriesp. 22
Appendix 1p. 27
Appendix 2p. 30
National Intellectual Capital of Five Nordic Countries (Denmark, Finland, Iceland, Norway, Sweden)p. 33
Introductionp. 33
National Intellectual Capital of Each Individual Countryp. 34
Comparison of Capital Components of the Five Nordic Countriesp. 40
Three-Period Progression of National Intellectual Capital Developmentp. 44
General Descriptive Information on the Five Nordic Countriesp. 47
Summaryp. 60
National Intellectual Capital of Four Larger Western European Countries (France, Germany, Ireland, UK)p. 63
Introductionp. 63
National Intellectual Capital of Each Individual Countryp. 64
Comparison of Capital Components of the Four Larger European Countriesp. 68
Three-Period Progression of National Intellectual Capital Developmentp. 72
General Descriptive Information on the Four Larger European Countriesp. 75
Summaryp. 84
National Intellectual Capital of Four Smaller Western European Countries (Austria, Belgium, Netherlands, Switzerland)p. 87
Introductionp. 87
National Intellectual Capital of Each Individual Countryp. 88
Comparison of Capital Components of the Four Smaller European Countriesp. 93
Three-Period Progression of National Intellectual Capital Developmentp. 96
General Descriptive Information on the Four Smaller European Countriesp. 99
Summaryp. 108
National Intellectual Capital of Four Southern European Countries (Greece, Italy, Portugal, Spain)p. 111
Introductionp. 111
National Intellectual Capital of Each Individual Countryp. 112
Comparison of Capital Components of the Four Southern European Countriesp. 117
Three-Period Progression of National Intellectual Capital Developmentp. 120
General Descriptive Information on the Four Southern European Countriesp. 123
Summaryp. 134
National Intellectual Capital of Four East Central European Countries and South Africa (Czech Republic, Hungary, Poland, South Africa, Turkey)p. 137
Introductionp. 137
National Intellectual Capital of Each Individual Countryp. 138
Comparison of Capital Components of the Four East Central European Countries and South Africap. 143
Three-Period Progression of National Intellectual Capital Developmentp. 147
General Descriptive Information on the Four East Central European Countries and South Africap. 150
Summaryp. 161
National Intellectual Capital of Two North American Countries (Canada, USA)p. 163
Introductionp. 163
National Intellectual Capital of the Two Countriesp. 165
Comparison of Capital Components of the Two North American Countriesp. 167
Three-Period Progression of National Intellectual Capital Developmentp. 170
General Descriptive Information on the Two North American Countriesp. 172
Summaryp. 172
National Intellectual Capital of Four Latin American Countries (Argentina, Brazil, Chile, Mexico)p. 181
Introductionp. 181
National Intellectual Capital of Each Individual Countryp. 182
Comparison of Capital Components of the Four Latin American Countriesp. 186
Three-Period Progression of National Intellectual Capital Developmentp. 189
General Descriptive Information on the Four Latin American Countriesp. 190
Summaryp. 193
National Intellectual Capital of Australia and New Zealandp. 205
Introductionp. 205
National Intellectual Capital of Australia and New Zealandp. 207
Comparison of Capital Components of Australia and New Zealandp. 209
Three-Period Progression of National Intellectual Capital Developmentp. 212
General Descriptive Information on Australia and New Zealandp. 214
Summaryp. 218
National Intellectual Capital of Three East Asian Countries (Japan, South Korea, Taiwan)p. 221
Introductionp. 221
National Intellectual Capital of Each Individual Countryp. 222
Comparison of Capital Components of the Three East Asian Countriesp. 226
Three-Period Progression of National Intellectual Capital Developmentp. 229
General Descriptive Information on the Three East Asian Countriesp. 231
Summaryp. 238
National Intellectual Capital of Four Southeast Asian Countries (Malaysia, Philippines, Singapore, Thailand)p. 241
Introductionp. 241
National Intellectual Capital of Each Individual Countryp. 242
Comparison of Capital Components of the Four Southeast Asian Countriesp. 246
Three-Period Progression of National Intellectual Capital Developmentp. 250
General Descriptive Information on the Four Southeast Asian Countriesp. 253
Summaryp. 253
National Intellectual Capital of the Four BRIC Countries (Brazil, Russia, India, China)p. 263
Introductionp. 263
National Intellectual Capital of Each Individual Countryp. 264
Comparison of Capital Components of the Four BRIC Countriesp. 268
Three-Period Progression of National Intellectual Capital Developmentp. 272
General Descriptive Information on the Four BRIC Countriesp. 275
Summaryp. 285
National Intellectual Capital Development: Trajectory from a Poor to a Fast Growth Countryp. 287
Introductionp. 287
National Intellectual Capital of the Five Poorest Countriesp. 288
National Intellectual Capital of the Five Fastest Growth Countriesp. 292
Comparison of the Poorest and Fastest Growth Countriesp. 295
Trajectory from a Poor to a Fast Growth Countryp. 298
Summaryp. 303
Dynamic Systems in National Intellectual Capitalp. 305
Ranking Changes of the Five Component Capitalsp. 305
GDP Growth Comparisonp. 313
Intangible Asset Indicators of Various World Organizationsp. 315
Paths for Planned National Intellectual Capital Growthp. 315
Summaryp. 333
Appendicesp. 334
Appendix 1p. 335
Appendix 2p. 337
Appendix 3p. 339
Appendix 4p. 341
Appendix 5p. 343
Appendix 6p. 345
Policy Implications and Future Perspectivesp. 347
Introductionp. 347
Internal and External National Intellectual Capital Issuesp. 348
Policy Implicationsp. 351
GDP Implicationsp. 351
National Context Implicationsp. 352
Currency Effect Implicationsp. 353
Effectiveness Implicationsp. 353
IC Formula I: Turning Liability into Potential and into Valuep. 354
On-Going National Intellectual Capital Developmentp. 354
Promote National Intellectual Capital Creation Routesp. 354
Encourage Three Types of National Intellectual Capital Growth Patternsp. 355
Growth Patternsp. 355
Create Intellectual Capital Acceleratorp. 359
Establish an Intellectual Capital Incubatorp. 361
Suggestions for BRIC Countriesp. 361
Limitations and Future Perspectivesp. 367
Conclusionp. 367
After Note: Looking from Outsidep. 371
Referencesp. 373
Glossaryp. 385
Author Indexp. 389
Subject Indexp. 391
Table of Contents provided by Ingram. All Rights Reserved.

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