Holistic Measurement of Intellectual Capital

The opinions expressed in this paper are the sole responsibility of the author(s) and do not necessarily reflect those of the OECD, the governments of its Member countries, the co-organisers, or the supporting organisations. ABSTRACT In the beginning, the rationale of measures is reflected, concluding that there have to be different and strategically derived scopes for internal and external reporting of intangible assets. After critical discussion of some of the already implemented models with special attention to the EFQM model, an alternative, holistic oriented and dynamic concept to measure and manage intangible assets is suggested. Several of the assumptions concerning intellectual capital and the awareness of intellectual capital to top management are discussed in the empirical part. The survey concludes with supporting evidence for the correlation of active management of intellectual capital assets and corporate financial performance.