The impact of intellectual capital management on company competitiveness and financial performance

Most of the existing research on intellectual capital (IC) has concentrated on identifying the key intangible resources and measuring their level in various contexts. However, the extent to which IC is being managed in companies and how IC management impacts on organizational performance have been relatively neglected issues. To bridge these gaps, the current paper examines how IC management affects company performance based on data collected from Finnish, Russian, and Chinese companies. The results demonstrate the importance of a conscious and systematic management of organizational knowledge for the company bottom line.