Intellectual Capital for Communities

Nations, Regions, and Cities


  • Ahmed Bounfour, Professor, University of Paris 11, France
  • Leif Edvinsson, Professor of Intellectual Capital, University of Lund, Sweden

In the knowledge economy, the value of corporations is directly related to their knowledge and intellectual capital. But broaden the perspective a little wider and you begin to see the possibilities: Think of cities, regions, even entire nations, in addition to the public sector. If intangibles and intellectual capital are important to the private sector, they are also important to the productivity and competitiveness of the public sector, and so to communities and nations as a whole. In this book, Editors Ahmed Bounfour and Leif Edivinsson have brought together the best minds in intellectual capital throughout the world to focus on a new and fertile area of research: measuring and managing the intellectual capital of communities. This is a creative and cutting-edge area of research that has the potential to change how public sector planning and development is done. Once there is a clear way to identify where wealth is created in a given region/nation, this process has the potential to reveal a huge knowledge repository in the public sector with a significant—but idle—potential for collective wealth creation—the wealth of nations in waiting.
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Academics, in the field of Intellectual Capital, such as the attendees at the McMaster World Congress on Intellectual Capital, and in public policy, professors and students in Knowledge Management MBA and PhD programs worldwide, policy makers at local, regional, national and international levels in community development and corporate liaison positions (such as at the World Bank, UN, European Commission).


Book information

  • Published: January 2005
  • ISBN: 978-0-7506-7773-8


"Bounfour and Edvinsson's extension of the burgeoning intellectual capital literature to communities/regions/nations is timely and very rewarding." -- Baruch Lev, Philip Bardes Professor of Accounting and Finance, New York University "The study of intellectual capital has become a field of research in itself. It used to be restricted to the business sector: Thanks to the series of studies coordinated by Bounfour and Edvinsson, it covers now communities and public institutions. It was a necessary step, as knowledge is a public good, and that step gives rise to invaluable new insights." -- Dominique Guellec, Chief economist, European Patent Office "With assets of many firms being primarily intangibles – knowledge companies – the question arises whether regions and nations are successfully pursuing similar paths. The authors have rewardingly set out to find answers on how intellectual capital is created in geographic entities and how it can be measured." --Jon Sigurdson, Professor (Research Policy) Stockholm School of Economics "In the 20th century, industrial society achieved remarkable growth through the dissemination of an "integrated circuit", abbreviated to IC in every corner of industry. This book suggests that the knowledge-based society in the 21st century will be enriched through the spread of another IC, that is, "intellectual capital" in every corner of the society." -- Teruyasu Murakami, Chief Counselor, Nomura Research Institute "This book is a welcome and timely overview of a new and vibrant IC frontier. IC started with a corporate focus but much of the exciting work is now being made in and for the public sector as well as on governmental and national levels. The articles are more than the usual boring collection of re-written old papers; they are fresh and topical. This is required reading!" -- Karl-Erik Sveiby, Professor at Swedish School of Economics and Business Admininistration, Helsinki, Finland

Table of Contents

Introduction by Ahmed Bounfour and Leif Edvinsson Part One: Modelling and contextualising IC for CommunitiesChapter 1: Modelling Intangibles: Transaction Regime Versus Community regimes, Ahmed BounfourChapter 2: Regional Intellectual capital in waiting, Leif EdvinssonPart Two : IC for NationsChapter 3: Estimating the Level of Investment in knowledge across OECD countries, Mosahid KhanChapter 4: Knowledge Economies: a Global Perspective, Jean-Eric Aubert, World Bank InstituteChapter 5: Investing in Intangibles: Is a Trillion Dollars Missing from the GDP? Leonard Nakamura, Federal Reserve Bank of PhiladelphiaChapter 6: Intangibles and Intellectual Capital in the European Investment Bank Project Appraisal, Jean-Jaques Mertens , European Investment Bank and Jacques Van der MeerChapter 7 : Assessing Performance of European Innovations Systems: An Intellectual Capital Indexes Perspectives, Ahmed Bounfour,University of Marne La ValleeChapter 8: National Intellectual Capital Index, The Benchmarking of Arab Countries Dr. Nick Bontis, DeGroote Business School, McMaster UniversityChapter 9 : The Intellectual Capital of The State of Israel, Dr. Edna Pasher and Sigal ShacharChapter 10 : Rethinking leadership in the Knowledge Society, Learning from Others: How to Integrate Intellectual and Social Capital and Establish a New Balance of Value and Values, Bernhard Von Mutius, GermanyChapter 11: Japan and Other East Asian Economies under the Knowledge-Based Economy, Seiichi Masuyama, Nomura Research Institute, Japan and AsiaPart Three : IC for RegionsChapter 12: Value Creation Efficiency at National and Regional Level – Case Study Croatia and EU, Ante PulicChapter 13: A European regional path to the knowledge economy: challenges and opportunities, Dr Dimitri Corpakis, Head of SectorEuropean Commission DG ResearchChapter 14: Intellectual Capital Creation in Regions : A Knowledge System ApproachAnssi Smedlund and Aino Pöyhönen, M.Econ.Sc. Anssi Smedlund is a Research Assistant and PhD Candidate of Knowledge Management in the Department of Business Administration at Lappeenranta University of TechnologyChapter 15: Ragusa or how to measure ignorance: The ignorance meter By Klaus North and Stefanie Kares, University of Applied Sciences, Wiesbaden, GermanyChapter 16: Can the state stimulate the creation of regional networks? – Experiences from the Virtual Marketplace Bavaria initiative,Hans-Joachim Heusler , Hans Schedl Chapter 17: The Region's Competence and Human Capital: Lessons from the Collaboration Between 3 European Regions on Competence Mapping and Intellectual Capital Management, Lars Karlssson and Paolo MartinezPart FourIC for Cities and Local CommunitiesChapter 18: Learning-by-Playing: Bridging the Knowing-Doing Gap in Urban Communities, Albert A Angehrn INSEAD, The European Institute of Business AdministrationChapter 19: Cities’ Intellectual Capital Benchmarking System (CICBS). A methodology and a framework for measuring and managing intellectual capital of cities: A practical application in the city of Mataró, by José María Viedma Marti Polytechnic University of Catalonia and President of Intellectual Capital Management SystemsChapter 20 IC for Communities, Research and Policy agenda, Ahmed BounfourIndex