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Understanding Intellectual Capital in an Innovative Medium‐sized Firm: The Case Of Maxon Telecom
Author(s) -
MOURITSEN JAN,
BUKH PER NIKOLAJ,
BANG HEINE KAASGAARD
Publication year - 2005
Publication title -
australian accounting review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.551
H-Index - 36
eISSN - 1835-2561
pISSN - 1035-6908
DOI - 10.1111/j.1835-2561.2005.tb00290.x
Subject(s) - intellectual capital , narrative , value (mathematics) , business , capital (architecture) , value creation , danish , industrial organization , measure (data warehouse) , accounting , knowledge management , computer science , finance , linguistics , philosophy , archaeology , machine learning , database , history
In many firms and in many industrialised countries, innovation is regarded as fundamental to growth and wealth creation. However, it is not easy to define a measure of innovation that is a leading indicator for value creation. This would imply a linear model of knowledge as a simple input to value‐creating processes. Instead, intellectual capital is suggested as an alternative, employing a (non‐linear) narrative of how knowledge works. This is illustrated by the case of a medium‐sized Danish firm which accounts for the relationship between knowledge and innovation by using a network of a knowledge narrative, management challenges, efforts and numbers.