Intellectual Capital Measurements and National Strategy Development: Explaining the gap

Virginija Januskaite, Lina Uziene

Abstract


Purpose. The main purpose of the paper is to identify the major problems and challenges that occur in developing national strategies based on national intellectual capital (NIC) measurements. As it can be observed from IC literature even though there is different methods to measure NIC it is not commonly used among policy makers as a tool for strategic management decisions to raise the competiveness of the nation. It seems that there should be a reason why NIC measurement methods are not commonly used among policy makers. Therefore, this paper is addressed to overview this problem in the literature and to identify researcher’s ideas and findings that could explain this situation.

Methodology. The paper is based on Salonius and Lönnqvist (2012), Lönnqvist, Käpylä and Kujansivu (2012), Malhotra (2003) and Mutius (2005) research as well as Schneider (2007) case study. These authors give relevant insights about problems faced when developing national strategy based on NIC measurements. These insights are captured, compared and analysed making generalized overview on the topic.

Results. The findings of the paper show that there is a big gap between academic research and policy makers. There can be identified two major categories of the problems that are the most significant when trying to develop national strategy based on the NIC measurements: the first one emphasize the lack of IC theory understanding by policy makers and the second one points out the lack of generalised strategic approach for NIC measurement. This means that there is no widely adopted strategic approach to measure NIC in acceptable way for policy makers. Those two groups of the problems identified are interrelated and can not be solved independently.

The theoretical contribution. The paper highlights the root causes of the difficulties integrating NIC measurements in national strategy development. It also gives generalized view of the topic and systematically presents the ideas of the analysed approaches.

Practical implications (if applicable).

Keywords: National intellectual capital, policy making, measurement, strategy development.

Paper type: Theoretical paper.

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