Benchmarking in the national intellectual capital measurement: is it the best available approach? Online publication date: Wed, 18-Jan-2017
by Virginija Januškaitė; Lina Užienė
International Journal of Learning and Change (IJLC), Vol. 8, No. 3/4, 2016
Abstract: Sustainable economic development is an aspiration of every nation in today's knowledge economy. Scientists for a few decades claim that intellectual capital management is the answer how to reach this goal. Currently, benchmarking methodology is the most common approach in the national intellectual capital measurement intended to provide information for management purposes. The aim of this paper is to identify advantages and disadvantages of this methodological approach and provide the answer to the question whether it is the most appropriate one. The most popular methods based on the benchmarking methodology (NICI, ICM, ICI, NIC40, ELSS) are analysed and compared within the paper. Advantages and disadvantages of benchmarking are thoroughly investigated with regard to measurement objectives, validity and applicability of the results as well as other contextual characteristics. Findings of the paper reveal that application of NIC benchmarking needs clearly defined particular purpose and must be handled with a great caution.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Learning and Change (IJLC):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook