The resource‐based view of the firm maintains that firms achieve a sustainable comparative advantage and earn superior profits by owning or controlling tangible as well as intangible strategic assets. The stakeholder view recommends that a better measure of financial performance than...

Current formulations of the concept of intellectual capital (IC) are seen as flawed. They equate IC with intangible assets and intellectual property, or, with knowledge management (KM) activities. They also do not explain its genesis and development. IC is here conceptualised as the holistic and...

While the marketing concept provides the strategic motivation that continues to turn American business towards the marketplace, little attempt has been made to create a metric that is specifically intended to reflect the role and importance of the consumer on improved organizational performance,...

Purpose – To present a study analyzing the intellectual performance of Greek listed corporations on the Athens Stock Exchange under the distinctive aspect of being a “globalized” or “localized” firm. Design/methodology/approach – Due to the used VAIC™ method the firm's performance...

Purpose – The purpose of this article is to investigate empirically the relation between the value creation efficiency and firms’ market valuation and financial performance. Design/methodology/approach – Using data drawn from Taiwanese listed companies and Pulic's Value Added Intellectual...

Purpose – This paper investigates the inter‐relationships between different components of intellectual capital (IC) and value creation. Design/methodology/approach – A single in‐depth case‐study of an innovation project within an Australian financial services firm (“TransactCo”) is...

Purpose – The purpose of the paper is to obtain measure of the intellectual capital (IC) performance of quoted banks on the Istanbul Stock Exchange Market (ISE) in Turkey for the period 1995‐2004 and test the effect of the intellectual capital performance on profitability....

Purpose – The purpose of the paper is to provide a taxonomy of values created by corporate patents. Design/methodology/approach – Following an extensive literature review, value created by corporate patents is analysed according to four categories: embedded in individuals; embedded in...

Purpose – The purpose of this paper is to analyse the role of value added (VA) as an indicator of intellectual capital (IC), and its impact on the firm's economic, financial and stock market performance. Design/methodology/approach – The value added intellectual coefficient (VAIC™) method...

Purpose – The purpose of this paper is to explore and to explain the influence of representative variables of human capital and structural capital on the creation of business value. Design/methodology/approach – An exploratory analysis was initially performed on the degree to which firms...