A Framework for Measuring Intangible Assets

Intellectual Capital remains the most unexploited resource within an organization. Knowledge continues to be seen as a static organizational asset. This is especially true for organizations in the Indian subcontinent. The tremendous growth in the different fields of management and research contributions in the last decade have not helped in addressing all the limitations in measurement models. The framework presented in this book builds on the advantages and the robustness of the Balanced Score Card while doing away with some of its primary limitations, namely rigidity, traditional financial measures, lack of employee perspective etc. The deployment of Intellectual Capital measurement, Economic Value Added and Human Resource Accounting techniques within the modified six dimensional framework is unique and provides a more holistic measurement framework.