Intellectual capital and new ventures: the entrepreneur's cognizance of company management

Intellectual capital and new ventures: the entrepreneur's cognizance of company management

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Article ID: iaor20133719
Volume: 11
Issue: 2
Start Page Number: 208
End Page Number: 218
Publication Date: May 2013
Journal: Knowledge Management Research & Practice
Authors: , ,
Keywords: survey
Abstract:

The purpose of this research is to analyse the intellectual capital gauges most often utilized by entrepreneurs in the management of new ventures and to relate the use of these gauges to business performance. On the basis of interview data collected from 103 entrepreneurs, we provide evidence that the use of such measuring techniques impacts positively on overall business performance. Moreover, the results indicate that those entrepreneurs utilizing some form of intellectual capital (IC) measurement have superior results. Consequently, we highlight the importance of detecting, measuring and utilizing IC for new ventures stressing the potential benefits that such analysis can have on the initial steps taken by an entrepreneur in venture formation and business development.

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