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Intellectual capital:

A strategic management
perspective
By
Arun shankar.G
Prateesh.M
Problem identification
• Intellectual capital takes three terms
 Human capital
 Structured capital
 Customer capital
Data Collection
• Research design: Descriptive research(PS)
• n= 30
• Sample design
Top 30 companies(BSE) from
pharmaceuticals are selected for research
• Source of data : Prowess(secondary data)
• Period of study: 1996-2006 Was observed for
study
Statistical technique
• Indirect method
FM-ROC -MC
• Direct intellectual capital method(DIC)
Monetary value of intangible capital
• Scorecard method(SC)
graphs
• MB ratio
Market value
Book value
( IC= MV-BV)

• Tobin’s ratio
MV
Replacement cost of asset
( IC=MV-RCA)
• Market Value Added
MB-BV

• Economic Value Added


NOPAT-(C*IC)

• Future Growth value


MVA-EVA
Interpretation
• 60% of the market value is accounted by the
IC of the sample companies.
• IC of the sample companies could not be lift
unrecognized.
• Stock of knowledge possessed by the sample
companies represent is reflected in stock
market.
Thank you

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