Effective Intellectual Capital Management as the Enabler of Future Value and Success in a Knowledge Economy

Stefan Güldenberg ()
Additional contact information
Stefan Güldenberg: EHL Hospitality Business School, HES-SO

A chapter in Futurizing Intellectual Capital, 2025, pp 299-317 from Springer

Abstract: Abstract When Leif Edvinsson first coined the term intellectual capital in the early 1990s, he wanted to overcome the one-dimensional focus on financial capital and shareholder value, in particular. Just as IQ scores were developed to measure the likelihood of mastering our lives and ultimately succeeding, IC scores were developed to measure the likelihood of business future success and survival in an increasingly turbulent environment. This paper aims to challenge our outdated and backward-looking understanding of value and success by linking the IC framework with the attention-based view of the firm, system dynamics, organizational learning, and sensemaking. Properly applied, IC can not only help to accelerate the necessary sustainable transformation of our businesses and society but also redefine what we teach in business schools about corporate value, role models, and successful careers for the next generation. If we stop defining value and success in financial terms only, we will open the doors to many more opportunities to shape our own destiny and the future viability and resilience of organizations and our society at large.

Keywords: IC management; Knowledge management; Organizational learning; Strategic management; Value; Success (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:kmochp:978-3-031-80197-6_16

Ordering information: This item can be ordered from
http://www.springer.com/9783031801976

DOI: 10.1007/978-3-031-80197-6_16

Access Statistics for this chapter

More chapters in Knowledge Management and Organizational Learning from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().