Intellectual capital and external environment link in organisations

Kong, Eric (2007) Intellectual capital and external environment link in organisations. In: ANZAM 2007: Managing Our Intellectural and Social Capital, 4-7 Dec 2007, Sydney, Australia.

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Abstract

Intellectual capital (IC) is generally categorised into three primary interrelated components: human capital (HC), structural capital (SC), and relational capital (RC). The popular ‘value platform’ has been widely used to help managers to visualise the importance of value creation through the interactions of the three IC components. However, organisations do not exist in vacuum. External environment conditions are crucial to organisations’ ability to function as well as knowledge transfer from and to the organisations. A review of the literature and a series of in-depth interviews with 36 senior executives from 23 organisations in Australia reveal that there is a strong link between IC and external environment in organisations. A better understanding of the link enables organisations to better manage their intellectual resources and external environmental conditions. The paper contributes to the existing IC literature by suggesting a modified IC conceptual framework which highlights the importance of external environment in the today’s knowledge economy.


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Item Type: Conference or Workshop Item (Commonwealth Reporting Category E) (Paper)
Refereed: Yes
Item Status: Live Archive
Additional Information: No evidence of copyright restrictions on web site.
Depositing User: Dr Eric Kong
Faculty / Department / School: Historic - Faculty of Business - School of Management and Marketing
Date Deposited: 30 Mar 2010 02:18
Last Modified: 02 Jul 2013 23:39
Uncontrolled Keywords: intellectual capital, external environment, knowledge flow, strategic management
Fields of Research (FOR2008): 15 Commerce, Management, Tourism and Services > 1503 Business and Management > 150310 Organisation and Management Theory
URI: http://eprints.usq.edu.au/id/eprint/6852

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