The measurement of intangible assets: a method to asses knowledge productivity

In today’s economy, business performance heavily depends on an efficient management of Intellectual Capital. However, most firms have only a dim notion of what they spend on Intellectual Capital, let alone what they receive from those investments: as a result, many of them either under-invest or make ineffective investments. For this reason, a quantitative evaluation of the return of investments in Intellectual Capital is a critical obstacle in turning those investments into sources of competitive advantage. Following this lead, the paper proposes a method that tries to assess the effects of Intellectual Capital management on business performance.