Magic Model
|
Magic Model |
|
|
Articles | Books | Dictionary | Faq | Home | Leaders | Organizations | Search
|
Measuring Intellectual Capital |
Summary of the Magic Model. Abstract |
MAGIC (Measuring and Accounting Intellectual Capital) is a European research and development project partly funded by the European Commission. The goal of the project was to develop a methodology and measurement system for Intellectual Capital.
Valuing Intangibles
Intellectual Capital
The methodology for measuring Intellectual Capital as defined in the MAGIC project can be divided into four categories:
Human Capital
comprises all the skills, expertise and competencies of the company to react
on market demands and customer needs including leadership and management
issues and capabilities.
Organizational Capital comprises the capabilities of a company, its
infrastructure and organizational processes to produce products and services
to the market.
Market Capital represents the capabilities of a company to interact
with the external interface like the customer, partners, and suppliers and
other stakeholders.
Innovation Capital refers to a company's ability to innovate ,
improve and develop unutilized potential as well as generate long-term
wealth.
| 👀 | TIP: On this website you can find much more about measuring intellectual capital! |
Compare also: Organizational Learning | IC Rating | Balanced Scorecard | Intangible Assets Monitor
Edvinsson, Corporate Longitude
Kaplan, Norton, The Strategy- Focused Organization
Standfield, Intangible Management
Lev, Intangibles: Management, Measurement, and Reporting
Smith, Valuation of Intellectual Property and
Intangible Assets
About us | Advertise | Privacy | Support us | Terms of Service
©2023 Value Based Management.net - All names tm by their owners