| Abstract [eng] |
Industry economy transfers to the knowledge economy and intellectual capital (further IC) became one of the most important assets of organisations. A value proposition, which is generated by IC, is not always reflected in financial statements. Only a suitable and adequate assessment and management of IC can enable companies to be successful, competitive and innovative in the long-term. IC assessment is recognized as the key task for top managers. There are a lot of research and large scale EU projects dedicated to support companies to measure IC, however, a generally accepted IC measurement model and methodology does not exist yet. The problem arises that most existing models are based on theories and to find a proper assessment method is a difficult task for knowledge-based organizations. Enterprises need a simple, clear and practically applied IC measurement model. Research object - IC assessment in a knowledge-based organization. The aim of this research is to propose a conceptual intellectual capital assessment model in order to reason management decisions. The objectives of the research: 1. to reason the need for the IC measurement model in knowledge-based enterprises; 2. to investigate theoretical and practical organization assumptions for IC assessment in knowledge-based enterprises; 3. to propose a conceptual IC assessment model for management decision making; 4. to prepare enterprise IC assessment model methodology; 5. to apply the proposed IC assessment model practically in a Lithuanian IT company Present Connection. Findings – Literature analysis reveals a gap between theory and practice. It is intended for knowledge intensive enterprises, where IC is a key resource and managers understand the need and value of IC measurement. In Lithuania, there is a lack of information about IC measurement, however, more and more companies need to manage their key issues. For this reason, the IC assessment model is proposed for the knowledge intensive enterprise in Lithuania.IC assessment model implementation in the company includes six steps: business model analysis, definitions of IC elements, IC assessment based on quality, quantity and management systematic, relation between elements analysis, collection of indicators and management decision making. IC assessment is seen as the process where all steps are related. Furthermore, the interaction between IC expert and enterprise is very important for the proper management decisions. The study case highlighted that the IC assessment is suitable for decision making and the process of IC assessment reveals information of the company which helps managers to make decisions. |
