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The strategic assessment of intellectual capital assets: An application within Terradue Srl

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  • Rossi, Cesare
  • Cricelli, Livio
  • Grimaldi, Michele
  • Greco, Marco

Abstract

This article describes a framework for the strategic management of intellectual capital assets (ICAs). The framework allows synthesizing the opinions of a firm's human resources on which ICAs are comparatively more likely to have a positive effect on value creation for customers, employees, and shareholders. The framework assesses managers' opinions about the amount of investments that each ICA would require, with respect to the others, to have a positive effect on value creation. By means of a benefit/cost analysis, the researchers recommend ICAs eligible for investments. Then, managers and senior human resources validate the recommendations and identify suitable practical actions for their implementation. The article shows how the implementation of the framework within an Italian firm allows identifying several critical ICAs. Furthermore, the article describes how the validation of the recommendations encourages the implementation of actions that aim to create value for the firm.

Suggested Citation

  • Rossi, Cesare & Cricelli, Livio & Grimaldi, Michele & Greco, Marco, 2016. "The strategic assessment of intellectual capital assets: An application within Terradue Srl," Journal of Business Research, Elsevier, vol. 69(5), pages 1598-1603.
    • Handle: RePEc:eee:jbrese:v:69:y:2016:i:5:p:1598-1603
    DOI: 10.1016/j.jbusres.2015.10.024
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    Cited by:

    1. Muhammad Anwar & Sher Zaman Khan & Najib Ullah Khan, 2018. "Intellectual Capital, Entrepreneurial Strategy and New Ventures Performance: Mediating Role of Competitive Advantage," Business & Economic Review, Institute of Management Sciences, Peshawar, Pakistan, vol. 10(1), pages 63-94, March.
    2. Chih-Chao Chung & Li-Chung Chao & Chih-Hong Chen & Shi-Jer Lou, 2016. "A Balanced Scorecard of Sustainable Management in the Taiwanese Bicycle Industry: Development of Performance Indicators and Importance Analysis," Sustainability, MDPI, vol. 8(6), pages 1-21, May.
    3. Ahmad Kaab Omeir & Zahra Moradikia & Zahra Darvishzadeh, 2017. "Intellectual Capital Indicators in Universities of Iran. Case Study of Islamic Azad University of Khuzestan," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 7(3), pages 131-138, July.
    4. Kucharska, Wioleta, 2022. "Tacit knowledge influence on intellectual capital and innovativeness in the healthcare sector: A cross-country study of Poland and the US," Journal of Business Research, Elsevier, vol. 149(C), pages 869-883.
    5. Yuqiu Lu & Guowei Li & Zhe Luo & Muhammad Anwar & Yunju Zhang, 2021. "Does Intellectual Capital Spur Sustainable Competitive Advantage and Sustainable Growth?: A Study of Chinese and Pakistani Firms," SAGE Open, , vol. 11(1), pages 21582440219, February.
    6. Shenglei Pi & Kuei-Feng Chang & I-Tung Shih, 2021. "Research on the Performance of Human Capital at Different Organizational Levels of Pharmaceutical Corporations: Moderation of Informal Relational Capital," IJERPH, MDPI, vol. 18(15), pages 1-16, July.
    7. Xin Long Xu & Jianping Li & Dengsheng Wu & Xi Zhang, 2021. "The intellectual capital efficiency and corporate sustainable growth nexus: comparison from agriculture, tourism and renewable energy sector," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(11), pages 16038-16056, November.
    8. Muhammad Anwar & Sher Zaman Khan & Syed Zulfiqar Ali Shah, 2018. "Big Data Capabilities and Firm’s Performance: A Mediating Role of Competitive Advantage," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 17(04), pages 1-28, December.

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