José Luis Hervas‐Oliver and Juan Ignacio Dalmau‐Porta
The paper seeks to provide a consistent theoretical framework to measure national intellectual capital (IC) and also empirical evidence on the core factors which explain…
Abstract
Purpose
The paper seeks to provide a consistent theoretical framework to measure national intellectual capital (IC) and also empirical evidence on the core factors which explain countries' IC stocks.
Design/methodology/approach
A multidisciplinary theoretical framework is provided to underpin research on regional/national IC. Empirical evidence through multivariate methodology is used in order to design a method to extract the national IC drivers which can explain countries' IC stocks in OECD countries in the years 2002, 2003, 2004 and 2005.
Findings
Theoretical bases of IC are presented to contribute to expanding territorial IC fundamentals and a regional/national IC model is developed. Results show that technological capability and the governmental policy oriented to business are both key factors in mapping the position of the nation in the IC ranking and both are mainly responsible for the levels of countries' IC.
Research limitations/implications
The sample was limited to OECD countries.
Practical implications
The paper is a very useful source of information for policymakers. The paper also opens a necessary debate on the critical areas that need to be reinforced in order to develop regional and national knowledge and national IC platforms. The IC index offered thus explains the key areas in need of improvement in order to upgrade the national IC.
Originality/value
To date, no study has identified the critical IC areas, but rankings have been drawn up with no conclusions at all. This exploratory study adds new empirical evidence to fill this gap in the research.
Details
Keywords
Jose Luis Hervas Oliver and Juan Ignacio Dalmau Porta
The purpose of this paper is to provide a strategic framework and tool to measure and value intellectual capital (IC) in regional clusters.
Abstract
Purpose
The purpose of this paper is to provide a strategic framework and tool to measure and value intellectual capital (IC) in regional clusters.
Design/methodology/approach
A theoretical cluster strategic framework is presented and cluster fundamentals are discussed for proper model development. Design methodology was used to construct a model which achieves the aforementioned purpose.
Findings
The paper provides a comprehensive model to describe, map, measure and value IC on clusters and systematically control the IC evolution.
Research limitations
The system provided is not an exhaustive use of all the available measures. A more comprehensive practical application on several clusters would be necessary to validate and readapt the model.
Practical implications
A very useful tool of information and practical assessment for IC is provided to cluster agents and policymakers to establish proper strategic initiatives. New ideas about IC measurement in clusters are provided to academia.
Originality/value
So far, no IC cluster model has been designed. This paper fulfils an IC measurement model to help individuals involved in clusters, such as mangers, policymakers, etc.