Issue №1, 2016



Models and Methods of Intellectual Capital Measurement


O. V. Khorolskaya, Higher School of Economics (St. Petersburg, Russia)

Full article 

The article actualizes the need for a more thorough investigation of the nature of the phenomenon of intellectual capital as well as the methods of measuring it in conjunction with the assessment of the impact on company performance. The   author critically examines the basic models and methods of calculation company’s intellectual capital, carries out their differentiation, and shows the advantage of using Scorecard methods. The article proposes the original research conceptual model. This model shows the effect of intellectual capital on company’s operating results. The author hypothesizes that development of intellectual capital components has a positive effect on management satisfaction with financial performance of company. Preliminary test model results indicate there is the strong correlation between management satisfaction with financial results and development of structural, client capital and state of macro environment, icroenvironment of company.

Keywords: intellectual capital, models of in tellectual capital measurement, intangible assets, Skandia Navigator, Value added intellectual capital, Balance Scorecard, The Intangible Assets Monitor, Tobin’s Q, Economic value added, Market value added, Calculated Intangibles Value.

For citation: Khorolskaya O. V. Models and Methods of Intellectual Capital Measurement // Corporate governance and innovative economic development of the North: Bulletin of the Research Center of Corporate Law, Management and Venture Capital of Syktyvkar State University. 2016. № 1. Р. 40—52.