ABSTRACT
Nowadays, the increasing gap existing between what organizations state in their annual reports and what is the reality of their intangible assets is reflected in the growing variation between book value and market value. To positively impact future value, organizations require a better understanding of intellectual capital (IC), its impact on performance and what tools are available to identify, measure and manage it. Therefore, the quality of the intangible assets management is a good explanatory indicator of the importance given by the company to the development of its intangible assets and, also, of the reliability and sustainability of the company itself.
In this chapter, a review of existing IC measurement methodologies and systems is presented. Moreover, the possibility of building an Intangible Capital Management Scoring System (ICMSS) and what its necessary features would be are examined.
This chapter contributes to the discussion about IC measurement and IC management. The former aims to demonstrate the value of existing IC, using a generally accepted definition and a measurement method. The latter, in the context of an organization, is concerned with what actions top-level decision makers should take to guarantee that IC is being developed and that its value increases over time.
