Measurement of intellectual capital of Lithuanian cities by a composite index

The article comprises analysis of theoretical and practical aspects of measurement of the city's intellectual capital. This article includes analysis of the intellectual capital concept and possibilities of its application at the city level, generalization of the organization intellectual capit...

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Main Authors: Rytis Krušinskas, Jurgita Bruneckienė
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2014-12-01
Series:Journal of Business Economics and Management
Subjects:
Online Access:https://journals.vgtu.lt/index.php/JBEM/article/view/2642
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author Rytis Krušinskas
Jurgita Bruneckienė
author_facet Rytis Krušinskas
Jurgita Bruneckienė
author_sort Rytis Krušinskas
collection DOAJ
description The article comprises analysis of theoretical and practical aspects of measurement of the city's intellectual capital. This article includes analysis of the intellectual capital concept and possibilities of its application at the city level, generalization of the organization intellectual capital models and principles, which, considering the macro-level context and overview of tendencies of economic growth, are applied for measurement of intellectual capital of the city. The newly created city's intellectual capital balance index is presented. The empirical application of the method proved that it is an appropriate tool for the measurement of the city's intellectual capital within a country, which corresponds to the second level NUTS of the European Union. This article is one of the ambitions to promote the methodological background for urban governance and improvement of intellectual capital as well as competitiveness of Lithuanian cities. The city's intellectual capital balance index can be used as the tool for assessment of efficiency and timeliness of the urban and national development strategies, also as the tool for publicity for innovation, creativity and “smartness” of the city or the whole country.
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spelling doaj.art-87ae4a4919b34a8e948516bae30a61a62022-12-21T17:24:06ZengVilnius Gediminas Technical UniversityJournal of Business Economics and Management1611-16992029-44332014-12-0116310.3846/16111699.2012.729155Measurement of intellectual capital of Lithuanian cities by a composite indexRytis Krušinskas0Jurgita Bruneckienė1Department of Finance, Faculty of Economics and Business, Kaunas University of Technology, K. Donelaičio g. 73, Kaunas, LithuaniaDepartment of Economics, Faculty of Economics and Business, Kaunas University of Technology, K. Donelaičio g. 73, Kaunas, LithuaniaThe article comprises analysis of theoretical and practical aspects of measurement of the city's intellectual capital. This article includes analysis of the intellectual capital concept and possibilities of its application at the city level, generalization of the organization intellectual capital models and principles, which, considering the macro-level context and overview of tendencies of economic growth, are applied for measurement of intellectual capital of the city. The newly created city's intellectual capital balance index is presented. The empirical application of the method proved that it is an appropriate tool for the measurement of the city's intellectual capital within a country, which corresponds to the second level NUTS of the European Union. This article is one of the ambitions to promote the methodological background for urban governance and improvement of intellectual capital as well as competitiveness of Lithuanian cities. The city's intellectual capital balance index can be used as the tool for assessment of efficiency and timeliness of the urban and national development strategies, also as the tool for publicity for innovation, creativity and “smartness” of the city or the whole country.https://journals.vgtu.lt/index.php/JBEM/article/view/2642: Intellectual capitalhuman capitalprocess capitalmarket capitalrenewal capitalfinancial capital
spellingShingle Rytis Krušinskas
Jurgita Bruneckienė
Measurement of intellectual capital of Lithuanian cities by a composite index
Journal of Business Economics and Management
: Intellectual capital
human capital
process capital
market capital
renewal capital
financial capital
title Measurement of intellectual capital of Lithuanian cities by a composite index
title_full Measurement of intellectual capital of Lithuanian cities by a composite index
title_fullStr Measurement of intellectual capital of Lithuanian cities by a composite index
title_full_unstemmed Measurement of intellectual capital of Lithuanian cities by a composite index
title_short Measurement of intellectual capital of Lithuanian cities by a composite index
title_sort measurement of intellectual capital of lithuanian cities by a composite index
topic : Intellectual capital
human capital
process capital
market capital
renewal capital
financial capital
url https://journals.vgtu.lt/index.php/JBEM/article/view/2642
work_keys_str_mv AT rytiskrusinskas measurementofintellectualcapitaloflithuaniancitiesbyacompositeindex
AT jurgitabruneckiene measurementofintellectualcapitaloflithuaniancitiesbyacompositeindex