National Intellectual Capital Disclosure of Emerging Country in Asia

  • Tasyahadul Fadlatil Laili Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Malang, Jawa Timur
  • Ihyaul Ulum Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Malang, Jawa Timur
  • Dwi Irawan Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Malang, Jawa Timur
Keywords: Intangible Assets, Intellectual Capital, National Intellectual Capital, Financial Capital, Emerging Country

Abstract

Intangible assets in the form of intellectual capital have been proven to be one of the factors that influence a company’s success. Previously the concept of intellectual capital was used in the focus of the company's scope, meanwhile theorists argued that the concept of intellectual capital could be incorporated into the state called National Intellectual Capital (NIC). Therefore, the purpose of this paper is to describe the NIC disclosures of each developing country in Asia. The results show that most developing countries in Asia have already disclosed their NICs. Afghanistan is a country that has a low NIC value. This is also in accordance with the financial capital rating as measured by GDP. However, countries with high GDP, including Qatar, United Arab Emirates, and Brunei Darussalam, are countries whose NIC scores are not so high. This is because the country has tangible assets of natural resources in the form of oil.

Downloads

Download data is not yet available.

References

Andriessen, D., & Stam, C. D. (2005). Intellectual capital of the European Union. Paper presented at the McOaster world congress on the management of intellectual capital and innovation.

Aubert, J.-E. (2012). Knowledge economies: A global perspective Intellectual capital for communities (pp. 74-82): Routledge.

Berezinets, I., Garanina, T., & Ilina, Y. (2016). Intellectual capital of a board of directors and its elements: introduction to the concepts. Journal of Intellectual capital.

Bontis, N. (2002). National intellectual capital index: Intellectual capital development in the Arab Region. Institute for Intellectual Capital Research, Ontario.

Choong, K. K. (2008). Intellectual capital: definitions, categorization and reporting models. Journal of Intellectual capital, 9(4), 609-638.

Ginesti, G., Caldarelli, A., & Zampella, A. (2018). Exploring the impact of intellectual capital on company reputation and performance. Journal of Intellectual capital.

Gogan, L. M., Artene, A., Sarca, I., & Draghici, A. (2016). The impact of intellectual capital on organizational performance. Procedia-social and behavioral sciences, 221, 194-202.

Goldin, C. D. (2016). Human capital.

Hashim, M. J., Osman, I., & Alhabshi, S. M. (2015). Effect of intellectual capital on organizational performance. Procedia-social and behavioral sciences, 211, 207-214.

Hejazi, R., Ghanbari, M., & Alipour, M. (2016). Intellectual, human and structural capital effects on firm performance as measured by Tobin's Q. Knowledge and Process Management, 23(4), 259-273.

Herciu, M., & Ogrean, C. (2015). Wealth, competitiveness, and intellectual capital–sources for economic development. Procedia Economics and Finance, 27, 556-566.

Inkinen, H., Kianto, A., Vanhala, M., & Ritala, P. (2017). Structure of intellectual capital–an international comparison. Accounting, auditing & accountability journal.

Käpylä, J., Kujansivu, P., & Lönnqvist, A. (2012). National intellectual capital performance: a strategic approach. Journal of Intellectual capital.

Kianto, A., Sáenz, J., & Aramburu, N. (2017). Knowledge-based human resource management practices, intellectual capital and innovation. Journal of Business Research, 81, 11-20.

Kong, E. (2017). The effect of structural capital for human capital development and management in social enterprises Organizational culture and behavior: Concepts, methodologies, tools, and applications (pp. 1442-1460): IGI Global.

Lazuka, V. (2012). National intellectual capital: concept and measurement.

Lin, C. Y. Y., & Edvinsson, L. (2008). National intellectual capital: comparison of the Nordic countries. Journal of Intellectual capital.

Malhotra, Y. (2002). Knowledge assets in the global economy: assessment of national intellectual capital Intelligent Support Systems: Knowledge Management (pp. 22-42): IGI Global.

Martini, S. B., Corvino, A., Doni, F., & Rigolini, A. (2016). Relational capital disclosure, corporate reporting and company performance: Evidence from Europe. Journal of Intellectual capital.

Nugroho, F. T. (2021). Daftar Negara Maju dan Negara Berkembang di Dunia. 2021, from https://www.bola.com/ragam/read/4544406/daftar-negara-maju-dan-negara-berkembang-di-dunia

Oglobina, S. Y., Faria, A. P., & Cabral-Cardoso, C. (2002). Research and development in Russia and its role in national competitiveness. International Journal of Innovation Management, 6(02), 131-161.

Petty, R., & Guthrie, J. (2000). Intellectual capital literature review: measurement, reporting and management. Journal of Intellectual capital.

Seleim, A., Ashour, A., & Bontis, N. (2004). Intellectual capital in Egyptian software firms. The Learning Organization.

Seleim, A., & Bontis, N. (2013). National intellectual capital and economic performance: empirical evidence from developing countries. Knowledge and Process Management, 20(3), 131-140.

Stevanović, T., Ivanović-Đukić, M., Rađenović, T., & Radović, O. (2018). The impact of national intellectual capital on the economic growth in the South-Eastern European Countries. Zbornik radova Ekonomskog fakulteta u Rijeci: časopis za ekonomsku teoriju i praksu, 36(2), 777-800.

Stiglitz, J. E., Sen, A., & Fitoussi, J.-P. (2009). Report by the commission on the measurement of economic performance and social progress: Citeseer.

Sydler, R., Haefliger, S., & Pruksa, R. (2014). Measuring intellectual capital with financial figures: Can we predict firm profitability? European Management Journal, 32(2), 244-259.

Wininger, A. (2021). China Utility Model Patent Application Filings Up 29% in 2020; Foreign-Originated Chinese Invention Patent Application Filings Down 3%. XI. https://www.natlawreview.com/article/china-utility-model-patent-application-filings-29-2020-foreign-originated-chinese

Published
2022-06-07
How to Cite
Laili, T. F., Ulum, I., & Irawan, D. (2022). National Intellectual Capital Disclosure of Emerging Country in Asia. Muhammadiyah Riau Accounting and Business Journal, 3(2), 059-068. https://doi.org/10.37859/mrabj.v3i2.3464
Abstract views: 238 , PDF downloads: 81