Intellectual capital and external environment link in organisations

Paper

Kong, Eric. 2007. "Intellectual capital and external environment link in organisations." Chapman, Ross (ed.) 21st Australian and New Zealand Academy of Management Conference (ANZAM 2007). Sydney, Australia 04 - 07 Dec 2007 Lindfield, Australia.
Paper/Presentation Title

Intellectual capital and external environment link in organisations

Presentation TypePaper
Authors
AuthorKong, Eric
EditorsChapman, Ross
Journal or Proceedings TitleProceedings of the 21st Australian and New Zealand Academy of Management Conference ( ANZAM 2007)
Number of Pages13
Year2007
Place of PublicationLindfield, Australia
ISBN1863081402
Web Address (URL) of Paperhttp://www.promaco.com.au/2007/anzam/
Conference/Event21st Australian and New Zealand Academy of Management Conference (ANZAM 2007)
Event Details
21st Australian and New Zealand Academy of Management Conference (ANZAM 2007)
Parent
Australian and New Zealand Academy of Management Conference
Delivery
In person
Event Date
04 to end of 07 Dec 2007
Event Location
Sydney, Australia
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
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Byline AffiliationsCharles Sturt University
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