 Intellectual capital - source of competitivenessInternational Journal of Learning and Intellectual Capital, 2016, vol. 13, issue 2/3, 149-166 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. Keywords: intellectual capital; competitiveness; human capital; relational capital; structural capital; organisational learning; Romania; managerial early warning systems; IC leaders; IC followers; traditionalists. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijlica:v:13:y:2016:i:2/3:p:149-166 Access Statistics for this article More articles in International Journal of Learning and Intellectual Capital from Inderscience Enterprises Ltd |
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