Intellectual capital management as entrepreneurial competence driver
Part of : Αρχείον οικονομικής ιστορίας ; Vol.XX, No.1, 2008, pages 37-66
Issue:
Pages:
37-66
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Abstract:
The entrepreneurial efforts for outstanding performance are recently a commonplace among researchers specialized in the matter of performance measurement. Indeed the striking difference in causa performance is its shifting from classical paradigma (financial ratios) to an increasingly intellectual capital or knowledge based one. The tangible, visible and materialistic based performance paradigma is gradually replaced by the terminus competence which has its strong connotations to the intangible, tacit or invisible human knowledge. This shifting is affixed as a “do it smart, not hard” business philosophy whereby the human factor with his intellective (episteme) and agentive (techne) potential is the firms source of competitive edge. Through the Parmenidian syncrasis of human based intellective (cold) and agentive (warm) elements the corporate becomes a non-imitational, conceptive,creative, “cognitive capitalist” (knowledge factory). The managerial and organizational structure supports this cognitive entrepreneurial agenda by establishing and forcing the Intellectual Capital Management (I. C M) as its supreme strategic management imperative. In this way the entrepreneurial syncrasis of the firm’s tangible resources like physical, technological and financial capital with the firm’s intangible resources, like intellectual capital, “produces” not just products or services but intellectiveagentive entrepreneurial competence and expertise.
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Subject (LC):
Keywords:
Intellectual Capital, Competence, Corporate Performance
Notes:
JEL classification: P47
