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Intellectual capital - source of competitiveness

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  • Ramona Diana Leon

Abstract

Although there are some remarkable attempts of measuring a company's IC, these are either reflecting the current stage of development or they are highlighting an average performance. Besides, they overlook the fact that a firm's competitiveness depends on competitors' actions. Therefore, we aim to develop a benchmarking tool capable of capturing a company's competitive position and future evolution, based on its IC efficiency. We create a composite index, entitled Competitiveness Intellectual Capital Index (CICI), for 20 Romanian firms listed on BSE. The results of our longitudinal study highlight that a firm is competitive only when it manages its knowledge assets more efficiently than its competitors. By using CICI, managers can obtain a complete image on what's happening in the environment; they can notice where do they stand (compared with their direct and indirect competitors); they can monitor change and develop future strategies. Therefore, it may serve as a managerial early warning system.

Suggested Citation

  • Ramona Diana Leon, 2016. "Intellectual capital - source of competitiveness," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 13(2/3), pages 149-166.
    • Handle: RePEc:ids:ijlica:v:13:y:2016:i:2/3:p:149-166
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    Cited by:

    1. Ramona - Diana LEON, 2017. "Measuring the Knowledge Economy: A National and Organizational Perspective," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 5(2), pages 227-249, June.
    2. Ramona–Diana LEON, 2019. "The missing coordinates of the sharing economy: Intellectual capital and intergenerational learning," Smart Cities International Conference (SCIC) Proceedings, Smart-EDU Hub, vol. 7, pages 27-36, November.

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