Drivers for Corporate Competitiveness. Intellectual Capital and Related Intangible Assets and Intellectual Property

Drivers for Corporate Competitiveness. Intellectual Capital and Related Intangible Assets and Intellectual Property PDF Author: Kai Wright
Publisher: GRIN Verlag
ISBN: 3656935955
Category : Business & Economics
Languages : en
Pages : 13

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Book Description
Essay from the year 2014 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, University of London, course: Intellectual Capital and Competitvness, language: English, abstract: Knowledge and competence of individuals and their recognized value for successful and sustainable economic activity is reflected in the term of intellectual capital. Companies that want to be successful and play an outstanding role in the fierce competition of global dynamic markets have to be able to continuously innovate. Competiveness more and more becomes a question of the ability to innovate; Creativeness, ideas, knowledge and competencies as well as the ability to collaborate are key factors to be competitive and therefore are important elements which have to be managed by today’s corporations. One can speak of a paradigm change going away from an industrial society where classical production factors (land, labour and capital) and tangible resources mattered, where labour was seen as a cost factor. The intangible paradigm on the contrary considers labour and therefore humans and their knowledge as the most important source of innovation and value creation. In that sense intellectual capital is actually substituting the other factors of production. This essay will elaborate what intellectual capital is, what elements it consist of and why it is important for corporate competiveness.

Drivers for Corporate Competitiveness. Intellectual Capital and Related Intangible Assets and Intellectual Property

Drivers for Corporate Competitiveness. Intellectual Capital and Related Intangible Assets and Intellectual Property PDF Author: Kai Wright
Publisher: GRIN Verlag
ISBN: 3656935955
Category : Business & Economics
Languages : en
Pages : 13

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Book Description
Essay from the year 2014 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, University of London, course: Intellectual Capital and Competitvness, language: English, abstract: Knowledge and competence of individuals and their recognized value for successful and sustainable economic activity is reflected in the term of intellectual capital. Companies that want to be successful and play an outstanding role in the fierce competition of global dynamic markets have to be able to continuously innovate. Competiveness more and more becomes a question of the ability to innovate; Creativeness, ideas, knowledge and competencies as well as the ability to collaborate are key factors to be competitive and therefore are important elements which have to be managed by today’s corporations. One can speak of a paradigm change going away from an industrial society where classical production factors (land, labour and capital) and tangible resources mattered, where labour was seen as a cost factor. The intangible paradigm on the contrary considers labour and therefore humans and their knowledge as the most important source of innovation and value creation. In that sense intellectual capital is actually substituting the other factors of production. This essay will elaborate what intellectual capital is, what elements it consist of and why it is important for corporate competiveness.

Intellectual Capital in Enterprise Success

Intellectual Capital in Enterprise Success PDF Author: Lindsay Moore
Publisher: John Wiley & Sons
ISBN: 0470285206
Category : Law
Languages : en
Pages : 222

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Book Description
Maximize your company's intellectual capital with the tools, techniques, and framework found in Intellectual Capital in Enterprise Success: Strategy Revisited. This timely book will take you a step ahead of your competitors in driving successful and appropriate intellectual asset management practices, showing you how to capture and effectively deploy intellectual assets within your business.

Intangible Assets

Intangible Assets PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309144140
Category : Political Science
Languages : en
Pages : 124

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Book Description
Intangible assets-which include computer software, research and development (R&D), intellectual property, workforce training, and spending to raise the efficiency and brand identification of firms-comprise a subset of services, which, in turn, accounts for three-quarters of all economic activity. Increasingly, intangibles are a principal driver of the competitiveness of U.S.-based firms, economic growth, and opportunities for U.S. workers. Yet, despite these developments, many intangible assets are not reported by companies, and, in the national economic accounts, they are treated as expenses rather than investments. On June 23, 2008, a workshop was held to examine measurement of intangibles and their role in the U.S. and global economies. The workshop, summarized in the present volume, included discussions of a range of policy-relevant topics, including: what intangibles are and how they work; the variety and scale of emerging markets in intangibles; and what the government's role should be in supporting markets and promoting investment in intangibles.

Einstein in the Boardroom

Einstein in the Boardroom PDF Author: Suzanne S. Harrison
Publisher: John Wiley & Sons
ISBN: 0470007427
Category : Law
Languages : en
Pages : 240

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Book Description
Capitalize on Your Company's Intangible Assets... Leading Companies Show You How "Einstein in the Boardroom makes a great sequel to Edison in the Boardroom. Those readers who found the examples and war stories of Edison to be useful in their own IP-management activities will find the same qualities in Einstein. This resource will help anyone in the intangibles management community who seeks to go beyond intellectual property and understand and capitalize on the full range of a firm's intellectual capital." --Julie Davis, coauthor, Edison in the Boardroom "Harrison and Sullivan continue to elevate understanding of the value of intellectual assets and, more importantly, provide a 'clinic' on the practical steps necessary to turn theory into bottom-line results." --Jeff Weedman, Vice President, External Business Development The Procter & Gamble Company "Einstein in the Boardroom is a valuable guide for business managers considering how to leverage intangible assets for profit." --Joe Beyers, Vice President, Intellectual Property Licensing, Hewlett-Packard Company "Going deeper into value creation for companies, Einstein in the Boardroom describes new ways to extract value from 'I-stuff' on knowledge, a tremendous asset that is too rarely exploited and could be leveraged by all readers of this great book." --Beatrix de Russe, Executive Vice President, Licensing and Intellectual Property, Thomson "Einstein in the Boardroom is a must-read for CEOs, CFOs, and board chairs facing the financial governance issues of share price, wealth creation, and value realization. When today's financial management systems may only deal with 20 percent of the value of the firm, Harrison and Sullivan offer a look at what a company can do to successfully create and extract value from the 'other' 80 percent, and they show you how other companies have done it!" --Bill Swirsky, Vice President, Knowledge Development The Canadian Institute of Chartered Accountants "Identifying, managing, and leveraging knowledge and intangible assets has enabled Cargill to differentiate itself from its competitors and increase its profitability. Harrison and Sullivan provide a clear perspective on how intangible assets fit within the corporate landscape and how to manage them to increase value for the organization." --Harry J. Gwinnell, Vice President and Chief IP Counsel, Cargill

Intellectual Assets

Intellectual Assets PDF Author: United Nations. Economic Commission for Europe
Publisher: United Nations Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 180

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Book Description
The emergence of the knowledge-based economy has raised concerns over several areas: the management of intellectual resources, valuation of intellectual capital; commercialisation of inventions; intellectual property valuation; efficiency of the utilisation of intellectual assets; promotion of innovation. Intellectual assets have great potential , yet investment will only flow where there are clear opportunities to build and recover future value. This conference set out to help identify the most important challenges faced by public and private sectors in this area.

Intellectual Capital

Intellectual Capital PDF Author: Annie Brooking
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
This is an "ideas" book for managers keen to understand and interpret the nature of a business which principally sells its knowledge: knowledge assets based in its people, systems, brands, intellectual property and other intangibles.

Intangible Asset Gap in Global Competitiveness

Intangible Asset Gap in Global Competitiveness PDF Author: Eskil Ullberg
Publisher: Springer
ISBN: 9783030556655
Category : Business & Economics
Languages : en
Pages : 102

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Book Description
This book examines the role of intangible assets (IA) in companies and countries for achieving sustainable economic growth. The authors particularly focus on Sweden and other Nordic countries to analyse the IA gap using a systematized “IA metrics” approach. They also discuss the incentives needed for strategic investments into useful IA to gain national competitiveness from an economic, social and environmental policy perspective. The authors contend that despite the increasing importance of IA and intellectual capital (IC) in the economy, the current discussion has only been centered on intellectual property, which is one of the more prominent forms of intangibles. As this book demonstrates, IC and IA encompass wider dimensions of human, process, market, and renewal capital, among others. Featuring real case examples from Spotify, Minecraft and Izettle, this book offers a strategy for the resurrection of competitive advantage in the globalized economy and the advancement of some key United Nations Sustainable Development Goals (SDGs).

Value-Driven Intellectual Capital

Value-Driven Intellectual Capital PDF Author: Patrick H. Sullivan
Publisher: John Wiley & Sons
ISBN:
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
How do firms like Hewlett-Packard, DuPont, Dow Chemical, IBM, and Texas Instruments routinely convert the ideas of their employees into profits that sustain the corporation? How can buyers and sellers calculate the assets of the acquired firm in a merger or acquisition? How can an organization affect the firm's stock price using the leverage of intellectual assets? Identifying a firm's assets, especially its intellectual assets-the proprietary knowledge expressed as a recipe, formula, trade secret, invention, program, or process-has become critical to a company's overall vision and strategic plan and essential in such transactions as stock offerings or mergers. In the era of the knowledge-based company, where the firm's genius and future lies in its ideas, a firm's collective know-how has become a measurable commodity-and as much a part of its bottom line as the condition of its cash investments, plant, and equipment. Extracting and measuring the real value of knowledge is essential for any corporate head who knows how high the stakes have become for corporate survival in the information age-where the innovative idea is as good as, if not better than, gold! Value-Driven Intellectual Capital is a corporate and financial executives' handbook to the new world of intangible assets-what they are and how to convert them into cash or strategic position. Written by one of the seminal thinkers in the field, and the key organizer of the ICM Gathering, a group of leading-edge knowledge-based companies, Value-Driven Intellectual Capital explains the new, boundary-expanding world of intellectual assets-where translating an innovative idea into bottom-line profits involves a tightly focused strategy with clear directives for making it happen. A blueprint for turning corporate knowledge, know-how, and intellectual property into a sustainable competitive weapon that will build a firm's reputation and market share, this practical, insightful book outlines: * Basic concepts underlying IC (intellectual capital) and corporate value creation * The linkage between IC, business strategy, and profits * The different kinds of value-including qualitative and quantitative -firms realize from their IC * Activities required to produce the value firms desire from their IC * Methods for calculating the dollar value of companies-for market capitalization and mergers or acquisitions * An economic model of an IC company The book's appendix is a valuable distillation for corporate and financial executives, managers, researchers, and analysts of IC's basic working concepts and definitions, including the principles underlying value creation and value extraction, the concepts and strategies used by successful companies, the sources of value for knowledge companies, and the mechanisms used to convert that value into real profits. And since it is managerial talent that turns intellectual property into business assets, the book provides an arsenal of key concepts, methods, and processes for aligning with and using intellectual property as an active element of a firm's business strategies. It concludes with a discussion of how value is extracted from human capital, focusing on its elusive magnetic core: creativity and productivity. In an era in which firms are increasingly accountable to shareholders and success is judged solely by stock price, knowing how to measure and extract the value of a firm's intellectual assets has become one of the most critical and essential skills needed by CEOs today. Reflecting the most innovative thinking from some of the most sophisticated firms in the world, Sullivan's Value-Driven Intellectual Capital is a manifesto, a clarion call to excellence for any corporate or financial executive, merger and acquisition partner or investor who understands how much future corporate survival and success depends on the simple enduring genius of a good idea and the need to convert those ideas into corporate value. Visit our Web site at: www.wiley.com/

Harvesting Intangible Assets

Harvesting Intangible Assets PDF Author: Andrew Sherman
Publisher: AMACOM
ISBN: 0814417000
Category : Business & Economics
Languages : en
Pages : 354

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Book Description
Whether you call it “harvesting intangible assets” or “intellectual property management,” organizations must make the most of everything they have to remain competitive and experience continual growth. In this thought-provoking book, author Andrew J. Sherman shares insights and expertise gleaned from his work with some of the world’s leading companies who have capitalized on intellectual assets such as patents, trademarks, customer information, software codes, databases, business models, home-grown processes, and employee expertise. Featuring instructive examples from organizations including Proctor & Gamble, IBM, and Google, Harvesting Intangible Assets reveals how companies large or small can uncover their intellectual property rights that are hiding just below the strategic surface. You’ll learn how to: implement IP-driven growth and licensing strategies, foster a culture of innovation, turn research and development into revenue, and maximize your company’s profits. Smart companies reap what they sow. Harvesting Intangible Assets gives readers the tools they need for a profitable harvest.

The influence of intellectual property rights on international business

The influence of intellectual property rights on international business PDF Author: Michael Reber
Publisher: diplom.de
ISBN: 3832479570
Category : Business & Economics
Languages : en
Pages : 73

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Book Description
Inhaltsangabe:Abstract: In recent years governments, international organisations and companies have all strengthened their activities regarding intellectual property rights (IPR). On the one hand, these activities are a response to developments in technology, politics and international business, i.e. the globalisation processes in general. On the other hand, these activities reinforce the globalisation processes. Similar to many other global trends there is a strong interdependence between cause and effect. However, it is unquestionable that IPR have become increasing important in the last few years, both on the macro and micro-economic level, and there is ample evidence to believe that this trend will accelerate in the future. Today, and even more in the future, nobody can afford to ignore the implications of IPR, neither governments, nor management boards. Intellectual property is one of the key tools of future international business. Most international companies have already included related topics like intellectual capital or intangible assets into their business strategies. However, also governments have to recognise the growing importance of intellectual property rights. The legal framework for IPR is a considerable factor of the success of their national economies and hence the wealth of their countries. This thesis analyses the influence of IPR on countries and companies. In addition to the economical aspects of IPR, the historical, philosophical and other factors are given due consideration. Furthermore, this work examines the chances and risks of the new IP related conditions for countries and companies, as well as suitable strategies to cope with the new requirements. Companies have to create intelligent patent strategies in order to protect their assets, to use effectively their R&D resources, and thus to stay competitive. Intellectual property can be used as shield and sword in the battle against competitors. Inhaltsverzeichnis:Table of Contents: 1.INTRODUCTION6 2.BASICS7 2.1Intellectual property7 2.2Philosophical bases9 2.3History12 2.4Organisations, treaties and conventions15 2.5Statistics20 3.INFLUENCE OF IPR ON COUNTRIES24 3.1General global tendencies24 3.1.1Globalisation: The term that polarises the world24 3.1.2The growing importance of information and knowledge26 3.1.3Global tendencies in IPR29 3.2Chances and threats of IPR31 3.2.1Motivation for IPR - supporter's arguments38 3.2.2Objections to IPR - [...]