Measuring and managing intellectual capital in the U.S. aerospace industry
Thesis (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division, Technology and Policy Program; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Aeronautics and Astronautics, 2004.
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| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2006
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| Online Access: | http://hdl.handle.net/1721.1/34532 |
| _version_ | 1826204043138039808 |
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| author | Siegel, Lawrence R |
| author2 | Eric S. Rebentisch. |
| author_facet | Eric S. Rebentisch. Siegel, Lawrence R |
| author_sort | Siegel, Lawrence R |
| collection | MIT |
| description | Thesis (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division, Technology and Policy Program; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Aeronautics and Astronautics, 2004. |
| first_indexed | 2024-09-23T12:48:01Z |
| format | Thesis |
| id | mit-1721.1/34532 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T12:48:01Z |
| publishDate | 2006 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/345322019-04-10T16:58:04Z Measuring and managing intellectual capital in the U.S. aerospace industry Siegel, Lawrence R Eric S. Rebentisch. Massachusetts Institute of Technology. Dept. of Aeronautics and Astronautics. Massachusetts Institute of Technology. Technology and Policy Program. Massachusetts Institute of Technology. Dept. of Aeronautics and Astronautics. Technology and Policy Program. Aeronautics and Astronautics. Thesis (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division, Technology and Policy Program; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Aeronautics and Astronautics, 2004. Page 145 blank. Includes bibliographical references (p. 140-144). "Intellectual capital" has been heralded in business journals as an important component for successful business development in today's economy. Intellectual capital consists of knowledge-based assets -- including people, relationships, tools, and processes - that create value for a firm and its clients. Previous research has emphasized the financial measurement of intellectual capital, including the valuation of corporate intangible assets and the difference between a firm's market value and book value. Unfortunately, these financial measures are not very useful to practitioners, as they provide few insights about how to allocate resources, improve operations, or strategically plan for future needs. In this research, a new conceptual framework is developed for understanding the role of intellectual capital in new product development. The framework develops a dynamic model of the three forms of intellectual capital - human capital, structural capital, and relational capital -- and identifies mechanisms for knowledge transfer, organizational learning, and value creation. The framework is bolstered by data from case studies of seven product development projects at different U.S. aerospace firms. (cont.) Using the concept of intellectual capital as a "lens", the case studies are comparatively analyzed to identify critical knowledge-based resources and capabilities that are used in the development of complex products and services. The studies suggest that a balanced portfolio of intellectual capital can create unique capabilities that lead to competitive advantage and differentiated performance. The analysis culminates in a self-assessment tool that managers can use to measure and assess the health of their intellectual capital base. In addition to providing management tools, the research has implications for U.S. aerospace policy, as well as the funding of further research into the role of corporate knowledge in today's information economy. by Lawrence R. Siegel. S.M. 2006-11-07T12:46:24Z 2006-11-07T12:46:24Z 2004 2004 Thesis http://hdl.handle.net/1721.1/34532 70957813 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 145 p. 13726252 bytes 13732628 bytes application/pdf application/pdf application/pdf Massachusetts Institute of Technology |
| spellingShingle | Technology and Policy Program. Aeronautics and Astronautics. Siegel, Lawrence R Measuring and managing intellectual capital in the U.S. aerospace industry |
| title | Measuring and managing intellectual capital in the U.S. aerospace industry |
| title_full | Measuring and managing intellectual capital in the U.S. aerospace industry |
| title_fullStr | Measuring and managing intellectual capital in the U.S. aerospace industry |
| title_full_unstemmed | Measuring and managing intellectual capital in the U.S. aerospace industry |
| title_short | Measuring and managing intellectual capital in the U.S. aerospace industry |
| title_sort | measuring and managing intellectual capital in the u s aerospace industry |
| topic | Technology and Policy Program. Aeronautics and Astronautics. |
| url | http://hdl.handle.net/1721.1/34532 |
| work_keys_str_mv | AT siegellawrencer measuringandmanagingintellectualcapitalintheusaerospaceindustry |