Intellectual Capital for Communities

1st Edition

Nations, Regions, and Cities

Authors: Ahmed Bounfour Leif Edvinsson
Paperback ISBN: 9780750677738
Imprint: Butterworth-Heinemann
Published Date: 21st January 2005
Page Count: 368


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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.

Key Features

-The first book to address Intellectual Capital in the public sector -Leif Edvinsson is the recognized world leader in this field -The contributors are the leading experts in the world on their subject areas -Leif Edvinsson was awarded the prestigious Brain of the Year award in 1998 against competition including Bill Gates.


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).

Table of Contents

Introduction by Ahmed Bounfour and Leif Edvinsson

Part One: Modelling and contextualising IC for Communities Chapter 1: Modelling Intangibles: Transaction Regime Versus Community regimes , Ahmed Bounfour Chapter 2: Regional Intellectual capital in waiting, Leif Edvinsson Part Two : IC for Nations Chapter 3: Estimating the Level of Investment in knowledge across OECD countries, Mosahid Khan Chapter 4: Knowledge Economies: a Global Perspective, Jean-Eric Aubert, World Bank Institute Chapter 5: Investing in Intangibles: Is a Trillion Dollars Missing from the GDP? Leonard Nakamura, Federal Reserve Bank of Philadelphia Chapter 6: Intangibles and Intellectual Capital in the European Investment Bank Project Appraisal, Jean-Jaques Mertens , European Investment Bank and Jacques Van der Meer Chapter 7 : Assessing Performance of European Innovations Systems: An Intellectual Capital Indexes Perspectives, Ahmed Bounfour,University of Marne La Vallee Chapter 8: National Intellectual Capital Index, The Benchmarking of Arab Countries Dr. Nick Bontis, DeGroote Business School, McMaster University Chapter 9 : The Intellectual Capital of The State of Israel, Dr. Edna Pasher and Sigal Shachar Chapter 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, Germany Chapter 11: Japan and Other East Asian Economies under the Knowledge-Based Economy, Seiichi Masuyama, Nomura Research Institute, Japan and Asia Part Three : IC for Regions Chapter 12: Value Creation Efficiency at National and Regional Level – Case Study Croatia and EU, Ante Pulic Chapter 13: A Europea


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About the Author

Ahmed Bounfour

Affiliations and Expertise

Professor, University of Paris 11, France

Leif Edvinsson

Affiliations and Expertise

Professor of Intellectual Capital, University of Lund, Sweden


"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