Intellectual capital (IC) or Wissensbilanz process: some German experiences

Abstract

Purpose

This article aims to summarise a successful, pioneering prototyping project in Germany with IC statements, supported by the German Ministry of Labour and Economics (BMWA).

Design/methodology/approach

A systematic process view method has been applied. A special impact scoring method generates a map, enabling management to determine where they should give executive priority for intellectual capital investment.

Findings

Most of the participating companies would like to have a more standardized Wissensbilanz with indicators for added value in order to use the tool as a complimentary report (management report) for the purpose of external reporting as well as comparison.

Originality/value

The project has now inspired some 100 enterprises of different types and is now spreading outside Germany.

Citation

Edvinsson, L. and Kivikas, M. (2007), "Intellectual capital (IC) or Wissensbilanz process: some German experiences", Journal of Intellectual Capital, Vol. 8 No. 3, pp. 376-385. https://doi.org/10.1108/14691930710774821