Intellectual Assets and Value Creation

8/11/2019 Intellectual Assets and Value Creation

1/35


2/35

.-/("!*(#!." 0.- $&.".1!& &.2.3$-(#!." ("+ +$,$%.31$"#

$,- +&./ 01 2 34053- 67839 :,-8- ;,- ? @-97A82A0-1 :78B;7


3/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; 4

\ +&./ ]??^

/%0(&%0)

L; ;,- ]??a T--;04< 76 ;,- +&./ .734A0D 2; T0401;-802D S-=-DC T0401;-81 47;-@

;,-


4/35

5'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78;

\ +&./ ]??^


5/35


6/35

='#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78;

\ +&./ ]??^

>F O089JD-=-DK A78G782;- 8-G78;04


7/35


8/35


9/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; S

\ +&./ ]??^

$,- G8-1-4; G,21- 76 +&./ :78B 74 04;-DD-A;32D 211-;1 24@ =2D3- A8-2;074 ,21G87A--@-@ 34@-8 2 ;,8--J;0-8 2GG872A,F L; ;,- 92A87JD-=-DC ;,- 67A31 01 74 42;0742D2AA734;1 -1;092;0741 76 2AA393D2;-@ 04;-DD-A;32D 211-;1 24@ A79G282ED-


10/35

PU'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78;

\ +&./ ]??^

24@ 78


11/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; PP

\ +&./ ]??^

->?7;8:97? @7I8;7? A74A-841 ;,- 8-1738A-1 280104< 6879 ;,- -I;-842D 8-D2;074J

1,0G1 76 ;,- 6089 :0;, A31;79-81C 13GGD0-81 24@ )e/ G28;4-81F '; A79G801-1

that part of human capital and structural capital involved with the companys

8-D2;0741 :0;, 13A, 1;2B-,7D@-81F &I29GD-1 28- 092


12/35

PW'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78;

\ +&./ ]??^

P704< 678:28@C 2 A79E04-@ 2GG872A, 76 -4A7382


13/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; P4

\ +&./ ]??^

#7D?> PQ !9;>??>@;A7? 79; 89 T8J> .$&+ @:A9;G8>


14/35


15/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; P6

\ +&./ ]??^

There are various types of economies of agglomeration, related notably to ;,-31- 76 A79974 8-1738A-1 EH 0447=2;0=- 2A;781F O78 041;24A-C 2


16/35

P='#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78;

\ +&./ ]??^

$,- 04=-4;0=- G-8678924A- 76 2 8-


17/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; PL

\ +&./ ]??^

78@042;- 24@ 04;-


18/35

PM'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78;

\ +&./ ]??^

T3D;042;0742D 60891 28- A,282A;-801-@ EH 2


19/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; PS

\ +&./ ]??^

I$%#'%&'( H= '.'DH,3&'#33 ."($'&3$%&.'3

#74JE3104-11 78


20/35

WU'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78;

\ +&./ ]??^

;,2; 01 92@- 76 ;,-9F '; 01 47; 1;820


21/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; WP

\ +&./ ]??^

;


22/35

WW'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78;

\ +&./ ]??^

;


23/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; W4

\ +&./ ]??^

&:GI:G7;> G>I:G;89H

)-A-4; +&./ :78B 74 A78G782;- 8-G78;04< ,0


24/35

W5'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78;

\ +&./ ]??^

;,- 9242


25/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; W6

\ +&./ ]??^

L 439E-8 76 D-2@04< A79G240-1 ,2=- 2D17 8-G78;-@ 04;-DD-A;32D A2G0;2D


26/35


27/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; WL

\ +&./ ]??^

Management is not always able to deliver the information on the companys=2D3- @80=-81 4--@-@ EH 04=-1;781 24@ E728@1C 24@ ;,- 0467892;074 74 B-H 474J60424A02D @80=-81 76 13AA-11 -0;,-8 47; 2=20D2ED- 78 76 G778 532D0;HF L@@0;0742D

0467892;074 01 4--@-@ 74 04;24


28/35

WM'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78;

\ +&./ ]??^

B47:D-@


29/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; WS

\ +&./ ]??^

0447=2;0=- G87@3A;1 82G0@DH E-A79- A7997@0;0-1 ;,873


30/35

4U'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78;

\ +&./ ]??^

Creating value and retaining it

L1 ;,- 09G78;24A- 76 04;-DD-A;32D 211-;1 21 2 1738A- 76 =2D3- A8-2;074 04A8-21-1C17 @7-1 ;,- 09G78;24A- 76 ;,- 2E0D0;H ;7 8-;204 ;,-9F .,24


31/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; 4P

\ +&./ ]??^

">O; I< 79B TA;AG> C:GY

'4;-DD-A;32D 211-;1 28- 04A8-2104


32/35

4W'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78;

\ +&./ ]??^

G#-#"#'1#3

Atrostic, B. K., and S. Nguyen (2006), How businesses use information technology:Insights for measuring technology and productivity, US Bureau of the Census, Center678 &A74790A !;3@0-1C .&! ?aJbgC Q34- ]??aF

Audretsch, D. and P. E. Stephan (1996), CompanyJ!A0-4;01; S7A2;0742D S04B1K $,- .21- 76Biotechnology, 2/#"&1$' M1.'./&1 G#6AC ^a W>Y adbJag] WQ34-YF

Barnett, B. (2003), Corporate Disclosure Practices and Stock Price Performance,S74@74 M3104-11 !A,77DF

Basu, S., J. G. Fernald, N. Oulton, and S. Srinivasan (2003), The case of missingG87@3A;0=0;H J^?^F

.29GE-DDJ%34;C .FC .78E-;;C SF 24@ .,-;;HC !F W]???YF E."+? -$/.,3 &' >#A R#$+$'?9

N".A&'( A."+?D1./C#%&%&6# -&"/3 -"./ $ >#A R#$+$'? H$3#4_0A;7802 &A74790A

.799-4;280-1C bfWbYC bJb?F

.,-;;HC !F 24@ .29GE-DDJ%34;C .F W]??>YF &IGD710=- 04;-842;0742D


33/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; 44

\ +&./ ]??^

.78E-;;C SF TF 24@ .29GE-DDJHunt, C. (2002), Grappling with a gusher! Manufacturings8-1G741- ;7 E3104-11 13AA-11 04 192DD 24@ 9-@039 -4;-8G801-1CP.,"'$+ .- UC#"$%&.'3

L$'$(#/#'%7 SVC digJgbfF

Corrado, C., C. Hulten and D. Sichel (2005), Measuring Capital and Technology: An

Expanded Framework, in C. Corrado, J. Haltiwanger and D. Sichel (eds.), Measuring.2G0;2D 04 ;,- #-: &A7479HC >JMG 8%,? &' 0'1./# $'? E#$+%< *.+,/# WXC

V40=-810;H 76 .,0A2C Q34- ]??aF

/2=-4G78;C !F W]??gYC &IGD7804< ;,- 87D- 76 G87I090;H 04 !T& B47:D-@


34/35

45'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78;

\ +&./ ]??^

Q2D2=2C QFC *F L3D04JAhmavaara and A. Alanen, A. (2007), Intangible Capital in the FinnishM3104-11 !-A;78 bifgJ2005, Discussion Papers 1103, The Research Institute of theO04401, &A7479HF

Q283N-D1B0C MFC RF /-,766 24@ )F M78@02 W]?05), The Booz Allen Hamilton Global

Innovation 1000: Money isnt everything, 8%"$%#(= $'? J,3&'#337 dbC [04;-8 ]??gF

Jeans, M. (1998), Bridging the SJcurve gap, in Success in Sight: Visioning, A KakabadseW-@YC $,79174F

R2GD24C )F !F 24@ /F *F #78;74 W1992),The balanced scorecard J T-2138-1 ;,2; @80=-performance, ^$"6$"? J,3&'#33 G#6AWQ24328HJO-E8328HYK fbJfiF

KPMG Consulting (2001), The New CFO of the Future: Finance Function in the 21stCentury, Institute of Chartered Accountants of Australia.

Kuusito, J. and S. Paallysaho (2007), Informal ways to protect intellectual property insmall and medium size businesses, a paper submitted for the IPR Expert Group, DG&4;-8G801-C &387G-24 .799011074F

S-=C MF W]??bYC 0'%$'(&H+#39 L$'$(#/#'%7 L#$3,"#/#'% $'? G#C."%&'(C M877B04


35/35

'#$&SS&.$VLS L!!&$! L#/ _LSV& .)&L$'+#` !H4;,-101 )-G78; 46

Schreyer, P. (2007), Old and New Asset Boundaries: A Review Article on MeasuringCapital in the New Economy, 0'%#"'$%&.'$+ I".?,1%&6&%= L.'&%."C _7D39- bgC GG fgJ^?F

!09G174C MFC TAP8-cO'#LSC +&./C *2801C 678;,A7904

Intellectual Assets and Value Creation

Documents

Transcript of Intellectual Assets and Value Creation