ABSTRACT

So why should we even consider moving towards the development of intellectual capital standards? For many people, standards are perceived as a list of strict requirements to comply with, and, on the contrary, much new intellectual capital is developed through non-conformity, non-compliance, co-creativity and innovation, and does not lend itself to strict standard requirements at all.

Well, first of all, management systems standards with a main focus on intellectual capital already exist today, and I will outline the key ones in this chapter. Secondly, I propose that we urgently need far more work on international standards for intellectual capital measurements and reporting, to enable the development of a new knowledge economic theory. This will then allow us to better understand and manage the increasingly knowledge-driven global economy for the 21st century. Thirdly, I will share the latest developments for new emerging standards with which I am involved, and concerns that I have, for the need for standards in the future for human and machine intelligence working together. This could even result in a redefinition of intellectual capital in organisations as we know it today, as we continue to move humanity forward in a much safer, healthier, wealthier, happier and most ethical way.