Making sense of intellectual capital: designing a method for the valuation of intangibles
Date: 29 Dec 2009, 06:16
Making Sense of Intellectual Capital: Designing a Method for the Valuation of Intangibles Butterworth-Heinemann | 2003-12-31 | ISBN: 0750677740 | 456 pages | PDF | 2 MB Peter Drucker has introduced us all to the knowledge era, where knowledge is the primary resource and intangibles (intellectual capital resources and assets) are now largely recognized as the most important sources of organizations' competitive advantage. With the recognition of the importance of Intangibles comes the problem of how to properly identify them and assign them a value within the corporation. This is an area of concern in 5 fields: 1) accounting and financial reporting, 2) performance measurement and management, 3) valuation in the finance field, 4) the Human Resources field in terms of management, strategy, and planning, and 5) Intellectual Capital. Over the past eight years, over 25 methods have been proposed for the valuation of intangibles coming out of these 5 fields.
