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Leif Edvinsson (born 1946) is a Swedish organizational theorist, Professor at the University of Lund in Sweden and consultant, known for his work on intellectual capital. [1] and knowledge management. [2]
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Leif Edvinsson (born 1946) is a Swedish organizational theorist, Professor at the University of Lund in Sweden and consultant, known for his work on intellectual capital. [1] and knowledge management. [2]
Born in Uppsala, Edvinsson made a career at the Swedish insurance company Skandia. In the 1990s there he developed his theories about the hidden value of intellectual capital of Skandia and developed a management model for this value. In 1997 he published the book Intellectual Capital: Realizing Your Company's True Value by Finding Its Hidden Brainpower, with Michael Malone.
In 2001, he was appointed a professor at the University of Lund in Sweden. He also works as consultant for the Swedish government on knowledge and innovation.
In 1998, Edvinsson was the recipient of the prestigious Brain of the Year award. Bill Gates and Paul McCartney were also nominated that year.
Human capital is a concept used by social scientists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that human capital investments have high economic returns throughout childhood and young adulthood.
Intellectual capital is the result of mental processes that form a set of intangible objects that can be used in economic activity and bring income to its owner (organization), covering the competencies of its people, the value relating to its relationships, and everything that is left when the employees go home, of which intellectual property (IP) is but one component. It is the sum of everything everybody in a company knows that gives it a competitive edge. The term is used in academia in an attempt to account for the value of intangible assets not listed explicitly on a company's balance sheets. On a national level, intellectual capital refers to national intangible capital (NIC).
Knowledge management (KM) is the collection of methods relating to creating, sharing, using and managing the knowledge and information of an organization. It refers to a multidisciplinary approach to achieve organisational objectives by making the best use of knowledge.
Myron Samuel Scholes is a Canadian-American financial economist. Scholes is the Frank E. Buck Professor of Finance, Emeritus, at the Stanford Graduate School of Business, Nobel Laureate in Economic Sciences, and co-originator of the Black–Scholes options pricing model. Scholes is currently the chairman of the Board of Economic Advisers of Stamos Capital Partners. Previously he served as the chairman of Platinum Grove Asset Management and on the Dimensional Fund Advisors board of directors, American Century Mutual Fund board of directors and the Cutwater Advisory Board. He was a principal and limited partner at Long-Term Capital Management and a managing director at Salomon Brothers. Other positions Scholes held include the Edward Eagle Brown Professor of Finance at the University of Chicago, senior research fellow at the Hoover Institution, director of the Center for Research in Security Prices, and professor of finance at MIT's Sloan School of Management. Scholes earned his PhD at the University of Chicago.
The Gothenburg School of Business, Economics and Law at the University of Gothenburg is one of Sweden's leading business schools, located in Gothenburg. It was founded in 1923 as an independent business college and is situated in the centre of the city. In 1961, it was integrated into the state-run university system, still as a separate college, but then was integrated into the University of Gothenburg in 1971.
Knowledge workers are workers whose main capital is knowledge. Examples include programmers, physicians, pharmacists, architects, engineers, scientists, design thinkers, public accountants, lawyers, editors, and academics, whose job is to "think for a living".
Thomas W. Malone is an American organizational theorist, management consultant, and the Patrick J. McGovern Professor of Management at the MIT Sloan School of Management.
A knowledge market is a mechanism for distributing knowledge resources. There are two views on knowledge and how knowledge markets can function. One view uses a legal construct of intellectual property to make knowledge a typical scarce resource, so the traditional commodity market mechanism can be applied directly to distribute it. An alternative model is based on treating knowledge as a public good and hence encouraging free sharing of knowledge. This is often referred to as attention economy. Currently there is no consensus among researchers on relative merits of these two approaches.
Michael Shawn Malone is an American author, columnist, editor, investor, businessman, television producer, and has been the host of several shows on PBS. Currently (2009), Malone is a columnist for ABC News, an op-ed contributor for The Wall Street Journal, a contributing editor to Wired, and the editor-in-chief of Edgelings.com, a website focused on business and technology news in Silicon Valley.
AlphaIC is a method for assessing the value of information technology (IT) investments that surpasses banal ROI analyses and looks at how IT affects an organization's intellectual capital.
Knowledge entrepreneurship describes the ability to recognize or create an opportunity and take action aimed at realizing an innovative knowledge practice or product. Knowledge entrepreneurship is different from 'traditional' economic entrepreneurship in that it does not aim at the realization of monetary profit but focuses on opportunities to improve production (research) and knowledge rather than maximizing monetary profit. It has been argued that knowledge entrepreneurship is the most suitable form of entrepreneurship for not-for-profit educators, researchers and educational institutions.
Structural capital is one of the three primary components of intellectual capital, and consists of the supportive infrastructure, processes, and databases of the organisation that enable human capital to function. Structural capital is owned by an organization and remains with an organization even when people leave. It includes: capabilities, routines, methods, procedures and methodologies embedded in organisation.
Richard Normann was a Swedish management consultant and researcher early in the development of theories of service management, interactive strategy, and offerings.
Relational capital is one of the three primary components of intellectual capital, and is the value inherent in a company's relationships with its customers, vendors, and other important constituencies. It also includes knowledge, capabilities, procedures and systems which are developed from relationships with external agents.
Process capital is the value to an enterprise which is derived from the techniques, procedures, and programs that implement and enhance the delivery of goods and services. Process capital is one of the three components of structural capital, itself a component of intellectual capital. Process capital can be seen as the value of processes to any entity, whether for profit or not-for profit, but is most commonly used in reference to for-profit entities.
Organizational capital is the value to an enterprise which is derived from organization philosophy and systems which leverage the organization's capability in delivering goods or services.
Leif Alsheimer was a famous Swedish lawyer, lecturer and author.
Professor Nils Göran Arne Roos FTSE is a Swedish academic, technologist, author and businessman. He is a specialist in the field of intellectual capital and an expert in innovation management and strategy. He was appointed Thinker in Residence on industry development by the Government of South Australia in 2011, and subsequently moved to the state's Economic Development Board where he serves as a member. Amongst a number of other positions, he is also a member of the Flinders University Council. Roos was named one of the 13 most influential thinkers for the 21st century by the Spanish business journal Direccion y Progreso.
Johan Roos is a Swedish organizational theorist known for his work on intellectual capital. He currently serves as Chief Strategy Officer at Hult International Business School, previously having served as President of Copenhagen Business School and Dean of the Stockholm School of Economics.
National intangible capital (NIC) performance for 59 countries 2014 as measured by the ELSS (Edvinsson-Lin-Ståhle-Ståhle) methodology for measuring stock of national intangible capital, economic impacts and efficiency of NIC: Research is supported as an initiative by The New Club of Paris.
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