This was a fascinating beginning. Just hearing people's voices and seeing you in live time was quite exciting. I am sure that these global conversations will allow for many new connections and rekindle older ones.
My one suggestion is to send out a note before the session on how to participate. That might cut into the connection and feedback problems we had this time.
I also agree with the suggestion to develop a wiki to build a continuing and accessible record of what people are involved in. A real time community and an accessible wiki are important building blocks.
it was a nice gathering today on IC and am interested in IC Valuation to be taken up further. I am trying to locate from my notes two persons: 1. who said she had been doing micro - macro analysis of valuation of IC; 2. another who said Company as a whole valuation. I'm interested in the three variations. My interest in pursuing further would be based on the following premise from my theory:
1. IC must have a separate independent valuation taken away from a Balance Sheet that truly restricts its capability to a great extent, by its own merit with every componenet being measured.
2. You may recollect our discussion earlier on the report of WORKING PAPER NO. 01-15, WHAT IS THE US GROSS INVESTMENT IN INTANGIBLES? (AT LEAST) ONE TRILLION DOLLARS A YEAR! Leonard I. Nakamura Federal Reserve Bank of Philadelphia October 2001.
a. I am keen the investment on intangible is being collated to reflect the input-output of the investment and its status on online basis, on a national level.
b. In the same paper by Nakamura, you may remember the discussion on Creative Destruction. I am keen we co-relate the IC/IP to the limitation of this phenomena, as the current IC/IP has a restricted life by the future possibility of self-destruction, that gives the basis of valuation of the concerned IP.
If any of our members interested I am keen to interact further. I was expecting Dr. John Dumay to be present, possibly next time.
Hello Mary, many thanks for your email and invitation to join the conference call on June 14th, 2011.
Unfortunately I will be in Germany participating in a DIN working group meeting about process-oriented knowlede management.
I will be happy to join the next time to share some of our experiences with German small and medium enterprises who have adopted the IC-Made in Germany method to improve the leverage of IC in their companies.
Dear Mary, thanks a lot for your comment and letting me join.
I don't see many companies adopting IC vocabulary yet. However, as CSR concepts are still expanding further among corporations, you see a change in the culture of many companies and this may make them more suscepotible to also adopting IC concepts.
Yes indeed - momentum. There is much to be said about IC, but not much of it will matter unless we think through to a theory of the firm that appreciates IC as central. By this I imply a critique of the view that IC can be treated as supplemental - just another resource to be added into the analysis.
Thank you for contacting me! IC is included (hidden) in some KPIs reporting, but is not yet really a part of our management accounting. As IC "maniac", I'm trying to introduce more focused reporting on intangibles, starting from a kind of Balanced Scorecard, adapted to our context and to a new point of view (for my company) of human resources through a Human Capital Scorecard.
Your website is rellay interesting.
Hope to keep in touch with you in the community, cheers!
Simone from Italy.
Thanks for your kind words of welcome. I also really enjoyed meeting and talking with you at the Conference. Sorry it took me so long to join since the Hong Kong Conference but I have been rushing around since getting back to NZ. I am looking forward to taking an active part in this forum. Cheers Paul