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Innovation Capital and its Measurement

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  • Tomasz Kijek

    (University of Life Sciences)

Abstract

Innovation capital regarded as an element of intellectual capital reflects the ability of an organization to create and commercialize the new knowledge (innovations). The aim of this study is twofold. Firstly, an attempt is made to give a concise review of innovation capital concept and its measures in selected intellectual capital – IC –models. Secondly, this paper sets out to extend the current models and introduce a new valuation method of innovation capital. Moreover, the paper provides empirical evidence about the use of the proposed method.

Suggested Citation

  • Tomasz Kijek, 2012. "Innovation Capital and its Measurement," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 8(4), pages 52-68.
    • Handle: RePEc:aae:journl:v:8:y:2012:i:4:p:52-68
    DOI: 10.7341/2012844
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    References listed on IDEAS

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    7. Andreas Krostewitz & Martin Scholich, 2010. "Modern Valuation Approaches for Corporate Innovation Activities," Springer Books, in: Alexander Gerybadze & Ulrich Hommel & Hans W. Reiners & Dieter Thomaschewski (ed.), Innovation and International Corporate Growth, pages 263-280, Springer.
    8. Alfred Kleinknecht & Kees Van Montfort & Erik Brouwer, 2002. "The Non-Trivial Choice between Innovation Indicators," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 11(2), pages 109-121.
    9. N/A, 2004. "Index for 2004," European Union Politics, , vol. 5(4), pages 511-512, December.
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    Cited by:

    1. Jarosz-Angowska, Aneta & Angowski, Marek, 2014. "Innovation Practices Of Enterprises Located In Rural Areas Of Lubelskie Voivodeship," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2014(5).
    2. Aleksander Jakimowicz & Daniel Rzeczkowski, 2019. "Diversification of innovation strategies of Polish industrial processing enterprises depending on their size after the global financial crisis," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 15(4), pages 35-76.
    3. Eram Abbasi & Imran Amin & Shama Siddiqui, 2022. "Towards developing innovation management framework (IMF) for ICT organizations at Pakistan," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-23, December.
    4. Kijek, Tomasz, 2014. "Determinants Of Open Innovation Adoption – The Case Of Polish Food Firms," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2014(3).
    5. David B. Audretsch & Albert N. Link, 2018. "Innovation capital," The Journal of Technology Transfer, Springer, vol. 43(6), pages 1760-1767, December.
    6. Tomasz Kijek, 2016. "Intellectual Property Rights And Appropriability Of Innovation Capital: Evidence From Polish Manufacturing Firms," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 11(2), pages 387-399, June.
    7. Nowak, Anna & Kijek, Tomasz, 2016. "The effect of human capital on labour productivity of farms in Poland," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 118(1), pages 1-6, April.
    8. Debicki, Bart J. & Ramírez-Solís, Edgar Rogelio & Baños-Monroy, Verónica Ilián & Gutiérrez-Patrón, Lilia Magali, 2020. "The impact of strategic focus on relational capital: A comparative study of family and non-family firms," Journal of Business Research, Elsevier, vol. 119(C), pages 585-598.

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