Publication
Title
Intangibles : theory, categories, and the Kozminski matrix
Author
Abstract
Analyzing the strategic significance of a firm's intellectual capital separates tangible assets from intangible assets, and demands close attention to how the latter are valued. Conventional methods based on cost or market value are of little relevance. Ultimately, the analysis turns on who makes the estimate and to what end. We argue for a third source of estimates, the same managers whose application of strategic assets sets the value-adding processes of the firm in motion. This is a constructivist approach that raises important theoretical and methodological questions about the nature of the firm and its value-creating capabilities. Objective measures cannot grasp these capabilities, and current efforts to establish such metrics are deeply counter-productive. We propose the 'business model' as the firm-specific natural language within which the future value of the intangible assets can be estimated.
Language
English
Source (journal)
Knowledge management research & practice. - Basingstoke, 2003, currens
Publication
Basingstoke : 2013
ISSN
1477-8238 [paper]
1477-8246 [online]
Volume/pages
11:2(2013), p. 101-111
ISI
000320739200002
Full text (Publishers DOI)
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Web of Science
Record
Identification
Creation 04.12.2014
Last edited 20.04.2017
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