Review On Intellectual Capital And Its Components Towards Competitive Advantage In Universities

Nowadays, business organizations are undergoing in a complex and volatile environment facing big challenges caused from the rapid changes in the economic and political issues. Further, the traditional tangible capitals like cash, buildings, inventories, and etc. As effective weapons for organization...

Full description

Bibliographic Details
Main Authors:	Alkhateeb, Abdullah N. A., Liu, Yao, Cheng, Jack Kie, Shaban, Omar Kassim A.
Format:	Conference or Workshop Item
Language:	English
Published:	2016
Subjects:	HD Industries. Land use. Labor
Online Access:	http://umpir.ump.edu.my/id/eprint/15519/ http://umpir.ump.edu.my/id/eprint/15519/ http://umpir.ump.edu.my/id/eprint/15519/1/P104%20pg763-774.pdf

id	ump-15519
recordtype	eprints
spelling	ump-155192018-10-17T03:21:42Z http://umpir.ump.edu.my/id/eprint/15519/ Review On Intellectual Capital And Its Components Towards Competitive Advantage In Universities Alkhateeb, Abdullah N. A. Liu, Yao Cheng, Jack Kie Shaban, Omar Kassim A. HD Industries. Land use. Labor Nowadays, business organizations are undergoing in a complex and volatile environment facing big challenges caused from the rapid changes in the economic and political issues. Further, the traditional tangible capitals like cash, buildings, inventories, and etc. As effective weapons for organizational survival can no longer be counted on alone [1]. Since knowledge becomes vital in leading economy currently, the importance of the intangible assets or the so-called intellectual capital has emerged [2]. Until the period of 1990s, the Intellectual Capital management and reporting were widely practiced within industry as a response to the ever increasing investments in intangible assets or intellectual capital such as employees’ training, innovation, research and development, customer relationships or software, etc. [3] as well as a solution to the lack of existing accounting methods to provide sufficient information for managing these investments. Hence, it became necessary for organizations to define intellectual capital and learn how to turn it into a profit, or to strategically develop competitive permanent feature. And it becomes imperative for organizations to look at the intellectual wealth, skills and creative ideas inherent in human resources and non-exploitative and innovative so that they can invest in them to extract the highest value through development to achieve a competitive advantage in light of the difficult economic conditions [4]. Towards this end, the paper reviews the related literatures on intellectual capital, its components, its effects on competitive advantage. Figure 1 depicts the conceptual framework of the components of intellectural capital and its effects on competitive advantage. Finally, it narrowed down to focus on managing intellectual capital in universities. It is hoped that the review paper will raise the awareness of knowledge intensive organizations in better utilizing intellectual capital and ultimately achieving competitive advantage. 2016 Conference or Workshop Item PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/15519/1/P104%20pg763-774.pdf Alkhateeb, Abdullah N. A. and Liu, Yao and Cheng, Jack Kie and Shaban, Omar Kassim A. (2016) Review On Intellectual Capital And Its Components Towards Competitive Advantage In Universities. In: Proceedings of The National Conference for Postgraduate Research (NCON-PGR 2016), 24-25 September 2016 , Universiti Malaysia Pahang (UMP), Pekan, Pahang. pp. 763-774.. http://ee.ump.edu.my/ncon/wp-content/uploads/2016/10/Proceeding-NCON-PGR-2016.zip
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Malaysia Pahang
building	UMP Institutional Repository
collection	Online Access
language	English
topic	HD Industries. Land use. Labor
spellingShingle	HD Industries. Land use. Labor Alkhateeb, Abdullah N. A. Liu, Yao Cheng, Jack Kie Shaban, Omar Kassim A. Review On Intellectual Capital And Its Components Towards Competitive Advantage In Universities
description	Nowadays, business organizations are undergoing in a complex and volatile environment facing big challenges caused from the rapid changes in the economic and political issues. Further, the traditional tangible capitals like cash, buildings, inventories, and etc. As effective weapons for organizational survival can no longer be counted on alone [1]. Since knowledge becomes vital in leading economy currently, the importance of the intangible assets or the so-called intellectual capital has emerged [2]. Until the period of 1990s, the Intellectual Capital management and reporting were widely practiced within industry as a response to the ever increasing investments in intangible assets or intellectual capital such as employees’ training, innovation, research and development, customer relationships or software, etc. [3] as well as a solution to the lack of existing accounting methods to provide sufficient information for managing these investments. Hence, it became necessary for organizations to define intellectual capital and learn how to turn it into a profit, or to strategically develop competitive permanent feature. And it becomes imperative for organizations to look at the intellectual wealth, skills and creative ideas inherent in human resources and non-exploitative and innovative so that they can invest in them to extract the highest value through development to achieve a competitive advantage in light of the difficult economic conditions [4]. Towards this end, the paper reviews the related literatures on intellectual capital, its components, its effects on competitive advantage. Figure 1 depicts the conceptual framework of the components of intellectural capital and its effects on competitive advantage. Finally, it narrowed down to focus on managing intellectual capital in universities. It is hoped that the review paper will raise the awareness of knowledge intensive organizations in better utilizing intellectual capital and ultimately achieving competitive advantage.
format	Conference or Workshop Item
author	Alkhateeb, Abdullah N. A. Liu, Yao Cheng, Jack Kie Shaban, Omar Kassim A.
author_facet	Alkhateeb, Abdullah N. A. Liu, Yao Cheng, Jack Kie Shaban, Omar Kassim A.
author_sort	Alkhateeb, Abdullah N. A.
title	Review On Intellectual Capital And Its Components Towards Competitive Advantage In Universities
title_short	Review On Intellectual Capital And Its Components Towards Competitive Advantage In Universities
title_full	Review On Intellectual Capital And Its Components Towards Competitive Advantage In Universities
title_fullStr	Review On Intellectual Capital And Its Components Towards Competitive Advantage In Universities
title_full_unstemmed	Review On Intellectual Capital And Its Components Towards Competitive Advantage In Universities
title_sort	review on intellectual capital and its components towards competitive advantage in universities
publishDate	2016
url	http://umpir.ump.edu.my/id/eprint/15519/ http://umpir.ump.edu.my/id/eprint/15519/ http://umpir.ump.edu.my/id/eprint/15519/1/P104%20pg763-774.pdf
first_indexed	2023-09-18T22:20:16Z
last_indexed	2023-09-18T22:20:16Z
_version_	1777415609297928192

Review On Intellectual Capital And Its Components Towards Competitive Advantage In Universities

Similar Items