Intellectual capital and external environment links in organisations: an exploratory study

Article

Kong, Eric. 2008. "Intellectual capital and external environment links in organisations: an exploratory study." International Journal of Knowledge Management Studies. 8 (4), pp. 9-17.
Article Title

Intellectual capital and external environment links in organisations: an exploratory study

ERA Journal ID31264
Article CategoryArticle
Authors
AuthorKong, Eric
Journal TitleInternational Journal of Knowledge Management Studies
Journal Citation8 (4), pp. 9-17
Number of Pages9
Year2008
Place of PublicationMelbourne, Australia
ISSN1743-8268
1743-8276
Web Address (URL)http://www.Management-Journal.com
Abstract

Intellectual capital (IC) is generally categorised into three primary interrelated components: human capital (HC),
structural capital (SC), and relational capital (RC). The popular 'value platform' has been widely used to help managers to visualise the importance of value creation through the interactions of the three IC components. However, organisations do not exist in vacuum. External environment conditions are crucial to organisations' ability to function as well as knowledge transfer from and to the organisations. A review of the literature and a series of in-depth interviews with 36 senior executives
from 23 organisations in Australia reveal that there is a strong link between IC and external environment in organisations. A better understanding of the link enables organisations to better manage their intellectual resources and external environmental conditions. The paper contributes to the existing IC literature by suggesting a modified IC conceptual framework which highlights the importance of external environment in the today’s knowledge economy.

Keywordsintellectual capital, external environment, knowledge flow, strategic management
ANZSRC Field of Research 2020350709. Organisation and management theory
Public Notes

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Byline AffiliationsCharles Sturt University
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