Intellectual Capital Theories
THE CATERGORIES OF INTELLECTUAL CAPITAL
Intellectual Capital is a modern human resource perception that is influenced by business management procedures and business plans. In the modern world, the development of intelligent work has become more of significance than physical work (Wood, 2003). According to Stewart (1997b), intellectual capital is generally defined as the intellectual material, knowledge, experience, values and information with intellectual property and several practices that are needed to create wealth. There has been no established theory in classifying the categories of intellectual capital. Tseng and Goo (2005, p.191) settled in their study that “human capital, organisational capital, innovation capital and relationship
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Consequently, the plan of a business is to measure the efficiency of individuals operating as a community of practice, to measure the effectiveness of management information systems and achieve a better understanding of the computerised information systems. The ways of incorporating intellectual capital are working towards employee’s qualification of the information systems and then to acquire the means of working together in a community of practice. For instance, Unicomer (St. Lucia) information system continues to be an effective process with a strong financial assessment with customer growth, enhanced staff skills and incentives. Marr, Schiuma and Neely (2002) stated that the measurement of intellectual capital is mainly about the knowledge-management activities, including the business’s knowledge assets needed to perform fundamental knowledge for the …show more content…
The approach of measuring intellectual capital at a management information systems level is the processing and usage of the production of high technology materials and its innovative services. Despite the importance of intangible assets in the information-based economy, intellectual capital assets have not been identified in the traditional accounting model to associate in the inadequacy of the conventional balance sheet of this type of capital (Bhartesh and Bandyopadhyay,
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Swot Analysis Of Skillshare
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Transaction Cost Theory, Resource-Based Theory and Relational Exchange Theory: A Comparison
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Bobco Knowledge Strategy
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Leadership: A Critical Review Of Leadership Theories
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1.3 Explain How To Use Resources Effectively And Efficiently
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Importance Of Accounting Information System
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