A dynamic view of knowledge and information: a stock and flow based methodology. (13th November 2008)

• Record Type: Journal Article
• Authors: Cricelli, Livio; Grimaldi, Michele
• Is Part Of: International journal of management and decision making. Volume 9:Number 6(2008)
• Page Start: 686
• Page End: 698
• Publication Date: 2008-11-13
• Subjects: information management -- knowledge management -- accounting -- intellectual capital -- intangible assets -- asset evaluation -- stocks -- flows -- dynamic capabilities -- business performance -- decision making; Decision making -- Periodicals; Management -- Periodicals; 658.403005
• Languages: English
• ISSNs: 1462-4621

Abstract

Traditional accounting systems focus on the evaluation on tangible assets, neglecting the value addition contributed to business performance by intangibles. This paper explores the intangible evaluation concept and suggests a stock and flow based analysis to assess a methodology that could highlight static and dynamic aspects and their mutual impact on business performance. A general sketch, clarifying the numerous cause-effect relations among intangible assets, is provided to support the management in decision making. The aim of this methodology coincides with the main target pursued by firms: to get a competitive advantage or to maintain the already acquired leadership.