Intangible Capital (IC) is misunderstood by the federal government, universities, economists, think tanks in Washington, and other organizations such as The Conference Board. Here’s a new report by the Information Technology and Innovation Foundation (ITIF) entitled “The Limits of the Knowledge-Based Capital (KBC) Framework” that is unaware of intangible capital frameworks such as described by SmarterCompanies .…Continue
Chipotle recently announced that it was dropping pork from its menus in many of its restaurants because a key supplier was not raising its livestock according to their standards. It's a…Continue
Added by Mary Adams on January 22, 2015 at 11:32am — No Comments
Thanks to Oxfirst and Ken Jarboe for an interesting webinar today on Maximizing IP Value.
The short version of our message is that stand-alone IP generally has a much lower value than IP associated with a strong IC ecosystem. You want to build that ecosystem whenever possible. But to really maximize the value, you've got to be able to tell the story about that ecosystem so people have confidence that it's there. The slides are on the home page of the…Continue
Added by Mary Adams on January 21, 2015 at 4:30pm — No Comments
I came across this interesting discussion on getting the CEO's attention that I think is especially relevant to promoting greater understanding of intangible capital. Every year the Conference Board does a survey of CEOs around the world on what they see as the biggest issues facing them. In this video Bart Van Ark discusses the most recent CEO Challenges survey. The number one issue facing CEOs is human capital. But he makes the point that CEOs are now focused more on the utilization of…Continue
Added by Kenan Jarboe on January 9, 2015 at 3:49pm — No Comments
Mary Adams and I will be hosting a webinar on "Maximizing your IP" for the consulting company Oxfirst.
Intellectual Property (IP) is a critical strategic asset for corporations. But there are enormous differences in the value of IP stemming from the ecosystem that supports commercialization of the IP. What are the elements of the IP ecosystem? Can they be modeled and measured? The answer is yes. This talk will introduce basic concepts about how to model, measure and maximize the…Continue
Added by Kenan Jarboe on January 9, 2015 at 10:13am — No Comments
I had the opportunity to Skype into several sessions of a wonderful program put on by SmarterCo partner Melanie Sutton of i-innovate in South Africa (including the…Continue
Added by Mary Adams on December 15, 2014 at 6:30pm — No Comments
Giving into pressure from activist shareholders, Timken recently split in two companies. There was a detailed profile of the situation in the New York Times on Sunday.
I was struck by one of the early unqualified statements by author Nelson D. Schwartz:
As in all publicly traded companies, TinkenSteel’s board and top executives have…
Added by Mary Adams on December 8, 2014 at 5:35pm — No Comments
I have just published a paper with my co-author Elena Shakina about the changing role of IC during the economic crisis.
This study has been carried out in our International Laboratory 'Intagible-driven Economy' (ID Lab).
The paper investigates factors of corporate success over the crisis period of 2008–2009. We advocate the idea that investments in intangibles allow a company to be better off, even if the markets go down. We have…Continue
Added by Angel Barajas on December 1, 2014 at 4:37am — No Comments
There’s a great discussion of the secondary market for Nike in this NPR podcast (based on this…Continue
Added by Mary Adams on November 24, 2014 at 12:02pm — No Comments
When I have made plane reservations for my college student sons over the past few years, they never insisted on an airline but they always thanked me profusely when I booked them on JetBlue.
That may be changing. The company made the announcement on Wednesday of a number of changes:
NEW YORK, NY -- (Marketwired) -- 11/19/14 -- JetBlue Airways (NASDAQ: JBLU) today outlined a long-term plan to drive shareholder returns through new and existing initiatives aimed at…
Added by Mary Adams on November 21, 2014 at 1:14pm — No Comments
We spend a lot of time in this community talking about how to make companies smarter and more successful. But a few weeks ago, I realized that we have never really defined what we mean by "smarter companies." The answers are complex and rich and something we all need to continue to define.
Added by Mary Adams on November 3, 2014 at 2:48pm — No Comments
This summer I wrote about the great research on intangibles in the Chilean Wine Industry done by Mark Dutz and colleagues at the World Bank. And I promised to let everyone know when the full study was released. Here it is and I highly recommend it to anyone interested in intangibles: Public and private…Continue
Added by Mary Adams on October 28, 2014 at 12:53pm — No Comments
Gospodarka Narodowa is a Polish academic journal dealing with current economic and economic policy issues. Published since 1931, Gospodarka Narodowa is one of the oldest economic journals in Poland with a well-established position on the market. It publishes work by leading Polish and foreign economists with different theoretical and empirical approaches. It just published interesting article entitled as this post. Here is its english…Continue
Added by Leslaw Niemczyk on October 1, 2014 at 8:38am — No Comments
A story that gets it -- from The Tennessean (Nashville): "Intellectual capital an undervalued asset":
In case you haven’t noticed, thousands of organizations are in some form of generational transition. All you have to do is look around your company, and you’ll see men and women actively contemplating or planning their exits. Millions of…Continue
Added by Kenan Jarboe on September 29, 2014 at 10:48am — No Comments
There’s a fascinating “Room for Debate” discussion at the NYTimes entitled Profiting Profits or Reinvesting Them with the prompt:
Corporations have gone from reinvesting about 90 percent of their profits into their business in the 1970s, to about 10 percent today, William Lazonick wrote in a…
Added by Kenan Jarboe on August 27, 2014 at 3:59pm — No Comments
Added by Mary Adams on August 26, 2014 at 5:00pm — No Comments
Last week I had the enjoyable privilege of participated in a session at the Digital Government Institute's Government Knowledge Management Conference. The session was a lively discussion among the panelists and audience kicked off with brief opening remarks by the panelists. The full background set of slides upon which my remarks were based are now available on line at…Continue