The Impact of Continuous Education on Intellectual Capital and Market Value of Companies: A Work In Progress Paper
The Impact of Continuous Education on Intellectual Capital and Market Value of Companies: A Work In Progress Paper
Author(s): Luís Mesquita Diniz, Eduardo ToméSubject(s): Business Economy / Management, Vocational Education, Adult Education, Methodology and research technology, Management and complex organizations, Sociology of the arts, business, education, Financial Markets, Human Resources in Economy, Globalization, Socio-Economic Research
Published by: New Millennium Discoveries Ltd
Keywords: Intellectual Capital; Knowledge; Intangible Assets; Continuous Education; Company Market Value;
Summary/Abstract: The rapid pace of technological innovation, globalisation and the subsequent intensified market competition have promoted the growth in the demand for, and supply of, competent workforce. Knowledge and innovation are perhaps more important than the tangible assets of a company. Every organisation has intangible assets which they do not report on their balance sheet. The rise of knowledge economy signals the growing importance of intangible assets, namely intellectual capital. For some businesses, intellectual capital is probably the key driver of value creation. Thus, knowledge constitutes the dominating resource in knowledge-oriented companies. This paper focuses on the theme of continuous education and its repercussion on the intellectual capital of companies as well as on its market value. Thus it aims to analyse the existing correlations between these variables.
Journal: International Journal of Management and Applied Research
- Issue Year: 1/2014
- Issue No: 2
- Page Range: 76-85
- Page Count: 10
- Language: English