IDEAS home Printed from https://ideas.repec.org/a/vrs/crknos/v2y2012i1p82-94n5.html
   My bibliography  Save this article

The Assess Model of Intellectual Capital and a Company's Value Added Cohesion

Author

Listed:
  • Mačerinskienė Irena

    (Head of Department of Banking and Investments of Faculty of Economics and Finance Management, Mykolas Romeris University)

  • Survilaitė Simona

    (Financial Markets Programs of Faculty of Economics and Finance Management, Mykolas Romeris University, Ateities st. 20, LT-08303, Vilnius, Lithuania)

Abstract

Nowadays intangible assets are especially important in every company and can help to increase a company's value added. The importance is so huge that many companies invest more money in intellectual capital than in material assets. Why has this happened? Scientists answer this question very quickly and easily - many companies have already been disappointed and damaged by their materials, goods, equipment, buildings, cars, machinery that cost a lot of money but do not give effective productivity. On the contrary, intellectual capital that usually costs only the salary of an employee brings significant benefits. The research purpose is to evaluate the cohesion between intellectual capital and a company's value added and to provide the model of this cohesion. The methods used are analysis of scientific literature, GBN matrix method, expert evaluation, average comparison method, and Kendall's coefficient of concordance. Scientific aims: to reveal the cohesion between intellectual capital and a company's value added; to introduce a model of a company's value added and its intellectual capital; to demonstrate the results of expert evaluation on the model of intellectual capital and a company's value. The findings are as follows: intellectual capital is considered as a unit of social capital, communicational capital, and psychological capital; intellectual capital has a huge influence for the growth of a company's value added; employee motivation is the most important factor either for the growth of intellectual capital or a company's value added. Conclusions: expert evaluation was performed in order to investigate the importance of intellectual capital factors for the growth of intellectual capital itself and a company's value added. Experts were taken from two areas: business environment and academic environment. It is possible that experts from other environments could answer the questions in a completely different way, and this model could be improved even more.

Suggested Citation

  • Mačerinskienė Irena & Survilaitė Simona, 2012. "The Assess Model of Intellectual Capital and a Company's Value Added Cohesion," Creative and Knowledge Society, Sciendo, vol. 2(1), pages 82-94, July.
    • Handle: RePEc:vrs:crknos:v:2:y:2012:i:1:p:82-94:n:5
    DOI: 10.2478/v10212-011-0018-0
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/v10212-011-0018-0
    Download Restriction: no
    File URL: https://libkey.io/10.2478/v10212-011-0018-0?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:crknos:v:2:y:2012:i:1:p:82-94:n:5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.