The strategic importance of intellectual capital in the non-profit sector
Purpose – This paper aims to examine five key strategic management concepts: industrial organisation (I/O), resource-based view (RBV), knowledge-based view (KBV), balanced scorecard (BSC) and intellectual capital (IC) within the non-profit context and to determine which is most applicable in the non-profit sector.
Design/methodology/approach – This paper reviews the above concepts in the light of the unique non-profit environment. Findings – The IC concept is more effective compared with other strategic management concepts within the non-profit context. IC is an important resource that non-profit organisations need to develop in order to gain sustained strategic advantage.
Research limitations/implications – This paper helps to build a nascent body of literature suggesting that the concept of IC is the most effective strategic management concept in NPOs. The increased awareness of the IC concept in the sector, as a result of this paper, is likely to generate further research from both non-profit practitioners and scholars.
Originality/value – Very little systematic research has reviewed the applicability of strategic management concepts within the non-profit context. The paper acts as the first attempt to fill this gap.
Year of publication: |
2007
|
---|---|
Authors: | Kong, Eric |
Publisher: |
Emerald Group Publishing Limited |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Intellectual capital and non‐profit organizations in the knowledge economy
Kong, Eric, (2010)
-
Innovation processes in social enterprises: an IC perspective
Kong, Eric, (2010)
-
An intellectual capital perspective of human resource strategies and practices
Kong, Eric, (2009)
- More ...