A review of the strategic management literature: the importance of intellectual capital in the non-profit sector

Paper

Kong, Eric. 2007. "A review of the strategic management literature: the importance of intellectual capital in the non-profit sector." Christopher, Bart, Bontis, Nick and Wakefield, Patricia (ed.) 28th McMaster World Congress on Intellectual Capital and Innovation. Hamilton, Canada 24 - 26 Jan 2007 Hamilton, Ontario, Canada.
Paper/Presentation Title

A review of the strategic management literature: the importance of intellectual capital in the non-profit sector

Presentation TypePaper
Authors
AuthorKong, Eric
EditorsChristopher, Bart, Bontis, Nick and Wakefield, Patricia
Journal or Proceedings TitleProceedings of the 28th McMaster World Congress
Number of Pages26
Year2007
Place of PublicationHamilton, Ontario, Canada
Web Address (URL) of Paperhttp://globalization.mcmaster.ca/cfp.htm
Conference/Event28th McMaster World Congress on Intellectual Capital and Innovation
Event Details
28th McMaster World Congress on Intellectual Capital and Innovation
Event Date
24 to end of 26 Jan 2007
Event Location
Hamilton, Canada
Abstract

Purpose – Very little systematic research has reviewed the applicability of strategic management concepts including SWOT (strengths, weaknesses, opportunities and threats) analysis, industrial organisation (I/O), resource-based view (RBV), knowledge-based view (KBV), balanced scorecard (BSC) and intellectual capital (IC) in the non-profit context. The main objective of this paper is to examine the above concepts in the light of the unique non-profit environment in the knowledge economy and determine which one is most applicable to non-profit organisations (NPOs).

Design/methodology/approach – This paper reviews the strategic management literature with a focus of the above concepts within the non-profit context.

Findings – The IC concept is more effective as compared to other strategic management concepts within the non-profit context. IC is an important resource that NPOs need to develop in order to gain sustained strategic advantages.
Research implications – This paper helps to build a nascent body of literature suggesting that IC can be utilised as a competent strategic management conceptual framework in NPOs. The increased awareness of the IC concept in NPOs, as a result of this paper, likely generates further research from both non-profit practitioners and scholars.

Originality/value – The paper is considered as a starting point and serves as a milestone in applying IC as a strategic management conceptual framework in the non-profit sector. Also, the paper informs non-profit leaders that IC is the most appropriate strategic management concept in the non-profit sector.

Keywordsintellectual capital (IC); non-profit organisations (NPOs), strategic management
ANZSRC Field of Research 2020350711. Organisational planning and management
Public Notes

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Byline AffiliationsCharles Sturt University
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