Rethinking the liaisons between Intellectual Capital Management and Knowledge Management

Contains fulltext : 112163.pdf (publisher's version ) (Closed access)16 p

Rethinking the dissemination of management fashion: accounting for 'intellectual capital' in UK case firms

In research on management knowledge, a tension often exists between perspectives that stress the effects of structural and institutional forces on the spread of new knowledge within managerial communities versus a more action-focused and organizationally embedded perspective on dissemination. This article contributes to the critique of dissemination theory by exploring the fashion for Intellectual Capital Accounting. ICA is a set of accounting models for managing knowledge-based assets and represents a poorly institutionalized variable type of fashion. The findings from case studies of ICA in six UK firms are at variance with the image of packages of knowledge being transferred into organizations. They confirm a process of dissemination that was much more a function of operational constraints and the level to which internal controls had developed; firms seemed to come to ideas via distinctive processes internally constructed around current problems and agendas, technical constraints, and the actions of a range of sponsoring groups

Doing Business with the State and Firms’ Growth. Grasping Invisible Relational Capital

This study investigates relationships between reported assets growth, human capital effectiveness, ability to do business with state and firms' growth. Longitudinal data were extracted from annual financial reports. Sample includes 80 companies in construction industry of Bosnia and Herzegovina from 2008-2013. Generalized estimating equations (GEE) approach is used for investigation of previously mentioned associations. We found that working with the state in Bosnian construction sector is dominant factor for outstanding increase in net reported income, while the human capital efficiency is negatively associated to its change. These findings support the theory of markets with asymmetric information, suggesting that the relational and social capital of the firm in the imperfect markets, where the state is dominant customer, drives the growth and that precedes firm’s investments into development of intellectual capital.JEL Codes - M4