Show simple item record

dc.contributor.authorHousel, Thomas J.
dc.contributor.authorNelson, Sarah K.
dc.date.accessioned2014-01-13T19:46:45Z
dc.date.available2014-01-13T19:46:45Z
dc.date.issued2005
dc.identifier.urihttp://hdl.handle.net/10945/38269
dc.descriptionThe article of record as published may be located at http://dx.doi.org/10.1108/14691930510628816en_US
dc.description.abstractPurpose – The purpose of this paper is to provide a review of an analytic methodology (knowledge valuation analysis, i.e. KVA), based on complexity and information theory, that is capable of quantifying value creation by corporate intellectual capital. It aims to use a real-world case to demonstrate this methodology within a consulting context. Design/methodology/approach – The fundamental assumptions and theoretical constructs underlying KVA are summarized. The history of the concept, a case application, limitations, and implications for the methodology are presented. Findings – Although well-known financial analytic tools were used to justify IT investment proposals, none provided a satisfying result because none offered an unambiguous way to tie IT performance to value creation. KVA provided a means to count the amount of corporate knowledge, in equivalent units, required to produce the outputs of client core processes. This enabled stakeholders to assign revenue streams to IT, develop IT ROIs, and decide with clarity where to invest. Practical implications – When stakeholders can assign revenue streams to sub-corporate processes, they have a new context for making IC investment decisions. “Cost centers” and decisions based on cost containment can be replaced. Concepts such as a knowledge market, the knowledge asset pricing model, k-betas, and a sub-corporate equities market can be developed and applied. Some of the limitations related to real options analysis can be resolved. Originality/value – This paper introduces an approach to measuring corporate intellectual capital that solves some long-standing IC valuation problems.en_US
dc.publisherMonterey, California: Naval Postgraduate School.en_US
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. As such, it is in the public domain, and under the provisions of Title 17, United States Code, Section 105, may not be copyrighted.en_US
dc.titleKnowledge valuation analysis, Applications for organizational intellectual capitalen_US
dc.typeArticleen_US
dc.contributor.departmentInformation Sciences (IS)
dc.subject.authorIntellectual capitalen_US
dc.subject.authorKnowledge managementen_US
dc.subject.authorMeasurementen_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record