In the knowledge economy, the value of corporations is directly related to their knowledge and intellectual capital. But broaden the perspective a little wider and you begin to see the possibilities: Think of cities, regions, even entire nations, in addition to the public sector. If intangibles and intellectual capital are important to the private sector, they are also important to the productivity and competitiveness of the public sector, and so to communities and nations as a whole. In this book, Editors Ahmed Bounfour and Leif Edivinsson have brought together the best minds in intellectual capital throughout the world to focus on a new and fertile area of research: measuring and managing the intellectual capital of communities. This is a creative and cutting-edge area of research that has the potential to change how public sector planning and development is done. Once there is a clear way to identify where wealth is created in a given region/nation, this process has the potential to reveal a huge knowledge repository in the public sector with a significant―but idle―potential for collective wealth creation―the wealth of nations in waiting.
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Ahmed Bounfour, Leif Edvinsson
Business/ Management
Intellectual Capital for Communities
Nations, Regions, and Cities
Edited by Ahmed Bounfour and Leif Edvinsson
"…a welcome and timely overview of a new and vibrant Intellectual Capital frontier. The chapters …are fresh and topical. This is required reading!"
— Karl-Erik Sveiby, Professor at Swedish School of Economics and Business Administration, Helsinki, Finland
"Bounfour and Edvinsson's extension of the burgeoning intellectual capital literature to communities/regions/nations is timely and very rewarding."
— Baruch Lev, Philip Bardes Professor of Accounting and Finance, New York University
"In the 20th century, industrial society achieved remarkable growth through the dissemination of an ‘integrated circuit,’ abbreviated to IC in every corner of industry. This book suggests that the knowledge-based society in the 21st century will be enriched through the spread of another IC, that is, ‘intellectual capital’ in every corner of the society."
— Teruyasu Murakami, Chief Counselor, Nomura Research Institute
"…gives rise to invaluable new insights."
— Dominique Guellec, Chief Economist, European Patent Office
"...This book offers a timely and comprehensive perspective on what it takes to accumulate and use intellectual capital, from the nation level down to local communities, primary sites for knowledge-based growth and development".
— Carl J. Dahlman, Program Manager, Knowledge for Development, World Bank
Institute
"This book extends the analysis and underlines the crucial importance of intellectual capital in our economies at all levels, highlighting information and measurement challenges that have to be overcome."
— Graham Vickery, Head Information Economy Group, OECD
In Intellectual Capital for Communities, Editors Ahmed Bounfour and Leif Edvinsson have brought together the best minds in intellectual capital throughout the world to focus on a new and fertile area of research: measuring and managing the intellectual capital of communities. This is a creative and cutting-edge area of research that has the potential to change how public sector planning and development is done. Once there is a clear way to identify where wealth is created in a given nation, region, or city, this process has the potential to reveal a huge knowledge repository in the public sector with a significant, but idle, potential for collective wealth creation—the wealth of nations in waiting.
Ahmed Bounfour is Associate Professor, University de Marne La Vallée, France, and can be reached at a.bounfour@wanadoo.fr.
Leif Edvinsson is the World's First Holder of Professorship of Intellectual Capital, University of Lund, Sweden.
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