Intellectual capital in business-to-business markets

Abstract This paper reports on research concerning the level of knowledge assets possessed by firms in business-oriented vs. consumer-oriented industries. Further, the research also covers the level of competitive intelligence activity in these industry groups, estimating the level of interest of competitors in acquiring another firm's knowledge assets. From this information, we can begin to develop ideas about what types of firms and industries can really benefit from knowledge management systems and investment, as well as which can benefit from knowledge protection systems. As a result, the issues of knowledge management and knowledge protection become much more strategic and more obviously dependent on circumstances. Such a conclusion begs the question of what measures will help us to determine important circumstances and optimal knowledge strategies for competitive advantage, clearly opening up the field to a wide range of future research streams.

[1]  D. Teece.  Capturing Value from Knowledge Assets: The New Economy, Markets for Know-How, and Intangible Assets , 1998 .

[2]  M. Polanyi.  Chapter 7 – The Tacit Dimension , 1997 .

[3]  Helen N. Rothberg,et al.  From Knowledge to Intelligence: Creating Competitive Advantage in the Next Economy , 2004 .

[4]  Jan Mouritsen,et al.  Understanding Intellectual Capital Statements: Designing and Communicating Knowledge Management Strategies , 2001 .

[5]  N. Bontis.  Managing organizational knowledge by diagnosing intellectual capital: framing and advancing the state of the field , 2001 .

[6]  J. Liebeskind,et al.  Knowledge, Strategy, and the Theory of the Firm , 1996 .

[7]  B. Chakravarthy,et al.  The persistence of knowledge‐based advantage: an empirical test for product performance and technological knowledge , 2002 .

[8]  Max Boisot,et al.  Is your firm a creative destroyer? Competitive learning and knowledge flows in the technological strategies of firms , 1995 .

[9]  S. Ghoshal,et al.  Social Capital, Intellectual Capital, and the Organizational Advantage , 1998 .

[10]  R. Kaplan,et al.  The balanced scorecard--measures that drive performance. , 2015, Harvard business review.

[11]  S. Winter.  Knowledge and Competence as Strategic Assets , 1987 .

[12]  R. Grant.  Toward a Knowledge-Based Theory of the Firm,” Strategic Management Journal (17), pp. , 1996 .

[13]  S. Winter,et al.  An evolutionary theory of economic change , 1983 .

[14]  Michael H. Zack,et al.  Managing Codified Knowledge , 1999 .

[15]  Richard R. Nelson,et al.  Economic progress, private values, and public policy : essays in honor of William Fellner , 1977 .

[16]  Helen N. Rothberg,et al.  Competitive Capital: A Fourth Pillar of Intellectual Capital? , 2001 .

[17]  B. Kogut,et al.  Knowledge and the Speed of the Transfer and Imitation of Organizational Capabilities: An Empirical Test , 1995 .

[18]  Karel Cool,et al.  Asset stock accumulation and sustainability of competitive advantage , 1989 .

[19]  I. Nonaka,et al.  How Japanese Companies Create the Dynamics of Innovation , 1995 .

[20]  David L. Deeds,et al.  The impact of stocks and flows of organizational knowledge on firm performance: an empirical investigation of the biotechnology industry , 1999 .

[21]  A. Pulic.  Intellectual capital – does it create or destroy value? , 2004 .

[22]  Anil Gupta,et al.  Knowledge Management’s Social Dimension: Lessons from Nucor Steel , 2000 .

[23]  Steven Firer,et al.  Intellectual capital and traditional measures of corporate performance , 2003 .

[24]  Heeseok Lee,et al.  An empirical investigation of KM styles and their effect on corporate performance , 2003, Inf. Manag..

[25]  Nick Bontis,et al.  World Congress on Intellectual Capital Readings , 2001 .

[26]  L. Edvinsson,et al.  Developing a model for managing intellectual capital , 1996 .

[27]  Hongping Tan,et al.  INTELLECTUAL CAPITAL AND FINANCIAL RETURNS OF COMPANIES , 2007 .

[28]  Thomas H. Davenport,et al.  Book review:Working knowledge: How organizations manage what they know. Thomas H. Davenport and Laurence Prusak. Harvard Business School Press, 1998. $29.95US. ISBN 0‐87584‐655‐6 , 1998 .

[29]  Michael H. Zack,et al.  Developing a Knowledge Strategy , 1999 .

[30]  J. Tobin,et al.  Asset Markets and the Cost of Capital , 1976 .

[31]  T. A. Stewart.  Intellectual Capital: The New Wealth of Organizations , 1997 .

[32]  Martin Schulz,et al.  Codification and tacitness as knowledge management strategies: an empirical exploration , 2001 .

[33]  H. D. Thomas,et al.  SUCCESSFUL KNOWLEDGE MANAGEMENT PROJECTS , 1998 .

[34]  B. Kogut,et al.  Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology , 1992 .

[35]  Morten T. Hansen,et al.  What's your strategy for managing knowledge? , 1999, Harvard business review.

[36]  D. Teece.  The Competitive challenge : strategies for industrial innovation and renewal : the Transamerica lectures in corporate strategy, School of Business, University of California, Berkely , 1987 .

[37]  Anil K. Gupta,et al.  Knowledge flows within multinational corporations , 2000 .

[38]  M. Gordon,et al.  PUBLICATION RECORDS AND TENURE DECISIONS IN THE FIELD OF STRATEGIC MANAGEMENT , 1996 .

[39]  J. Schumpeter,et al.  The Theory of Economic Development , 2017 .

[40]  Y. Hwang,et al.  An Empirical Investigation of the Relationship between Intellectual Capital and Firms’ Market Value and Financial Performance , 2005 .

[41]  Nick Bontis,et al.  Chapter 8 – National Intellectual Capital Index: The Benchmarking of Arab Countries , 2005 .