Kong, Eric (2007) A review of the strategic management literature: the importance of intellectual capital in the non-profit sector. In: 28th McMaster World Congress on Intellectual Capital and Innovation, 24-26 Jan 2007, McMaster University, Hamilton, Ontario, Canada .
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Purpose – Very little systematic research has reviewed the applicability of strategic management concepts including SWOT (strengths, weaknesses, opportunities and threats) analysis, industrial organisation (I/O), resource-based view (RBV), knowledge-based view (KBV), balanced scorecard (BSC) and intellectual capital (IC) in the non-profit context. The main objective of this paper is to examine the above concepts in the light of the unique non-profit environment in the knowledge economy and determine which one is most applicable to non-profit organisations (NPOs). Design/methodology/approach – This paper reviews the strategic management literature with a focus of the above concepts within the non-profit context. Findings – The IC concept is more effective as compared to other strategic management concepts within the non-profit context. IC is an important resource that NPOs need to develop in order to gain sustained strategic advantages. Research implications – This paper helps to build a nascent body of literature suggesting that IC can be utilised as a competent strategic management conceptual framework in NPOs. The increased awareness of the IC concept in NPOs, as a result of this paper, likely generates further research from both non-profit practitioners and scholars. Originality/value – The paper is considered as a starting point and serves as a milestone in applying IC as a strategic management conceptual framework in the non-profit sector. Also, the paper informs non-profit leaders that IC is the most appropriate strategic management concept in the non-profit sector.
|Item Type:||Conference or Workshop Item (Commonwealth Reporting Category E) (Paper)|
|Additional Information:||No evidence of copyright restrictions.|
|Uncontrolled Keywords:||intellectual capital (IC); non-profit organisations (NPOs), strategic management|
|Depositing User:||Dr Eric Kong|
|Date Deposited:||28 Feb 2010 09:02|
|Last Modified:||02 Jul 2013 23:39|
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