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Journal ArticleDOI

Intellectual capital: an exploratory study that develops measures and models

Nick Bontis
- 01 Mar 1998 - 
- Vol. 36, Iss: 2, pp 63-76
TLDR
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.
Abstract
This paper details an empirical pilot study that explores the development of several conceptual measures and models regarding intellectual capital and its impact on business performance. The objective of this pilot study is to explore the development of items and constructs through principal components analysis and partial least squares (PLS). The final retained, subjective measures and optimal structural specification show a valid, reliable, significant and substantive causal link between dimensions of intellectual capital and business performance. These results should help both academics and practitioners more readily understand the components of intellectual capital and provide insight into developing and increasing it within an organization. Suggestions are then made to advance and improve this research programme.

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Citations
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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.
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.
Journal ArticleDOI

THE KNOWLEDGE TOOLBOX: A Review of the Tools Available To Measure and Manage Intangible Resources

TL;DR: In this article, the authors present a review of the most important tools available to managers for managing intangible resources, including human resource accounting, economic value added, balanced scorecard, and intellectual capital.
Journal ArticleDOI

Intellectual capital and traditional measures of corporate performance

TL;DR: In this paper, the authors investigate the association between the efficiency of value added (VA) by the major components of a firm's resource base (physical capital, human capital and structural capital) and three traditional dimensions of corporate performance: profitability, productivity, and market valuation.
References
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Journal ArticleDOI

Evaluating Structural Equation Models with Unobservable Variables and Measurement Error

TL;DR: In this paper, the statistical tests used in the analysis of structural equation models with unobservable variables and measurement error are examined, and a drawback of the commonly applied chi square test, in additit...
Journal ArticleDOI

Multivariate data analysis

TL;DR: This chapter discusses Structural Equation Modeling: An Introduction, and SEM: Confirmatory Factor Analysis, and Testing A Structural Model, which shows how the model can be modified for different data types.
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.
Book

The Knowledge Creating Company

TL;DR: The Japanese companies, masters of manufacturing, have also been leaders in the creation, management, and use of knowledge-especially the tacit and often subjective insights, intuitions, and ideas of employees as discussed by the authors.
Journal ArticleDOI

The fifth discipline - the art and practice of the learning organization

TL;DR: Senge's Fifth Discipline is a set of principles for building a "learning organization" as discussed by the authors, where people expand their capacity to create the results they truly desire, where new and expansive patterns of thinking are nutured, where collective aspiration is set free, and where people are contually learning together.