Intellectual Capital in the Digital Economy

This book presents a global view of digital and knowledge-based economies and analyses the role of intellectual capital, intellectual capital reports and information technology in achieving sustained competitive advantages in the globalized economy. Intellectual Capital in the Digital Economy reviews the state of the art in the field of intellectual capital and intellectual capital reports, exploring core concepts, strengths and weaknesses, gaps, latest developments, the main components of intellectual capital, the main sections of the reports, and indicators of each component. It presents experiences from pioneering companies and institutions in measuring intellectual capital around the world. It incorporates an interdisciplinary and cross-sectorial approach, offering a comparative view of intellectual capital reports elaborated in different regions of the world. This book presents case studies and experiences on the building of intellectual capital reports in organizations. In addition, the book discusses the benefits and challenges of building intellectual capital reports in smart economies and societies. This book is of direct interest to researchers, students and policymakers examining intellectual capital and the knowledge-based economy.

Preface Patricia Ordóñez De Pablos Section 1: Knowledge, Innovation and the Transition to a More Circular Economy 1. The Future Is Digital – Insight Is Key! Truls Berg 2. Open Innovation 2.0 Supporting Structural Knowledge Bror Salmelin 3. The World Health Innovation Summit (WHIS) Platform for Sustainable Development. From the Digital Economy to Knowledge in The Healthcare Sector. Gareth Presch, Francesca Dal Mas, Daniele Piccolo, Maksim Sinik and Lorenzo Cobianchi. Section 2: Global Outlook and Intellectual Capital in Asia and Europe 4. What Drives the Development of Intellectual Capital? A Longitudinal Study Aino Kianto, Mika Vanhala, Paavo Ritala and Henri Hussinki 5. An Intellectual Capital Framework of Enterprise Innovative Efficiency Capability: A Hong Kong Study Irene Y.H. Fan, Rongbin W.B. Lee and Haley W.C. Tsang 6. A Comprehensive Analysis of The Importance of Intellectual Capital Elements to Support Contemporary Developments in Chinese Firms Gang Liu, Aino Kianto and Eric Tsui 7. Integrated Strategy Development Based on Intangibles Markus Will Section 3: Intellectual Capital and Digitalized Economy 8. IC Israel Reporting - The Journey From 1998 Into the Future Edna Pasher, Leif Edvinsson, Otthein Herzog and Lee Sharir 9. Intellectual Capital and Digital Technologies in Academic Entrepreneurship: Premises for A Revolution? Giustina Secundo and Rosa Lombardi 10. Overcoming Cognitive Bias Through Intellectual Capital Management. The Case of Pediatric Medicine. Francesca Dal Mas, Daniele Piccolo, and Daniel Ruzza Section 4: Comparative View on National Intellectual Capital 11. Sustainable National Intellectual Capital in Digital Age: A Global Outlook Carol Y.Y. Lin and Leif Edvinsson 12. Comparative View on National Intellectual Capital Marcos Cavalcanti, Valéria Macedo and Larriza Thurler Section 5: Towards the Development of Intellectual Capital Standards and Culture 13. The Trends of Intellectual Capital Disclosure in The New Economy: Evidence from Australian Firms Yiru Yan 14. Entrepreneurialism: A Multi-Faceted Cultural Movement Piero Formica 15. Towards the Development of Intellectual Capital Standards Ron Young 16. Intellectual Capital Management Scoring: A Contribution to Measurement of Intangibles Standardization Florinda Matos and Valter Vairinhos Section 6: Future Challenges and Risks for Intellectual Capital and Trade on IA and Ideas 17. Future Challenges and Risks for Intellectual Capital and Trade on IA and Ideas Karl Mcfaul 18. The Role of Blockchain For Intellectual Capital Enhancement and Business Model Innovation. Daniel Ruzza, Francesca Dal Mas, Maurizio Massaro, and Carlo Bagnoli 19. From Trade in Goods and Services to Trade in Ideas Eskil Ullberg 20. Revisiting the Intellectual Capital Research Landscape – A Systematic Literature Review Henri Hussinki, Tatiana Garanina, Johannes Dumay and Erik Steinhöfel Epilogue Leif Edvinsson

Patricia Ordóñez de Pablos is a professor in the Department of Business Administration in the Faculty of Economics and Business at the University of Oviedo, Spain. She is Editor-in-Chief of the International Journal of Learning and Intellectual Capital (IJLIC), International Journal of Asian Business and Information Management (IJABIM) and the book series Routledge Advances in Organizational Learning and Knowledge Management. Leif Edvinsson is a key pioneering contributor to thetheory and practice of Intellectual Capital (IC). He was the world’s first director of IC in 1991, and isCofounder and Founding Chairman of the New Club of Paris. In 2000 he was appointedto the world's first professorship on Intellectual Capital at Lund University, Sweden. In 2015 he wasappointed to the Advisory Board to JIN– the Japan Innovation Network, and in 2016 he was appointed to the Advisory Board of the Norway Open Innovation Forum. In 2006 he was promoted to Chair Professor in Intellectual Capital at the Hong Kong Polytechnic University.