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This book collects the ground-breaking ideas of top IC scholars on how to futurize IC theory and practice. Keeping the future in focus and searching for answers to fundamental questions related to the development of IC theory and practice that foster sustainability and societal wellbeing, this book provides new insights and perspectives concerning the nature and scope of IC, its effective management mechanisms, and the potential impact of IC on organizations and societies. The carefully curated 16 chapters by leading thinkers in the field address the key areas of future-proof IC research and practice: the complex and dynamic nature of IC, the role of IC in social ecosystems and its potential in facilitating smart social growth, the dynamic interplay between artificial intelligence and IC, and alternative paradigms for optimizing the transformative power of IC while prioritizing sustainability, social equity, and holistic wellbeing. The book inspires new thinking by breaking old thought patterns, making new connections, and generating fresh perspectives on IC. Serving as a catalyst for future global dialogue, the book guides scholars and practitioners on how to align IC theory and practices with future economic, social, and technological changes, inspires experimentation, and opens up new perspectives for the development of IC theory and practice that should contribute to the global societal transformation, sustainable growth, and peace.
List of contents
Introduction - Towards Futurizing Intellectual Capital Theory and Practice.- Part I: Intellectual Capital in Flux: Navigating Complexity.- A Complexity Framework for Understanding Intellectual Capital.- Unleashing Intellectual Capital: Toward Dynamic Theory through the Humanization of Intellectual Capital.- Intellectual Capital as a Basis for Cash Flow and Renewal.- Individual-Level Intellectual Capital - A Framework for Future Management and Reflection.- The Liability of Tacitness in Intellectual Capital: Overcoming Research Challenges with Grounded Theory Design.- Part II: Smart Societal Growth: Intellectual Capital in Sustainable Ecosystems.- IC as Intellectual Companionship.- Sustainable National Intellectual Capital (SNIC) and its Applications.-Relevance and the Future of Intellectual Capital Management in the Public Sector.- Part III: Intellectual Capital Meets Artificial Intelligence: Reimagining the IC Landscape.- Intellectual Capital and the Era of Raising AI.- From a Data-driven to Information-driven Management Paradigm: Reflections on Generative AI and Intellectual Capital Management.- IC Related Risks and AI - Friends and Foes!.- Part IV: Reenvisioning Intellectual Capital: Rethinking Economic Models, Value, and Progress in the Knowledge Era.- Considerations Towards the Development of a Foundational Theory of Intellectual Capital.- Futurizing Intellectual Capital: New Economic Models and the Venue of AI Requests for an Update.- The Future of Intellectual Capital in the Era of Artificial Intelligence: Analysis from the Perspective of Value Creation.- Effective Intellectual Capital Management as the Enabler of Future Value and Success in a Knowledge Economy.- Being Critical About Intellectual Capital in 2024: Chocolate as a Manifesto for Social Change.- Visionary Intellectual Capital Landscapes: An Invitation for Discussion.
About the author
Aino Kianto is a Full Professor at LUT Business School, LUT University, Finland. She holds a PhD degree in Economics and Business Administration from the LUT University and a MSc degree in Social and Political Sciences from the University of Helsinki. Her research focuses on knowledge and innovation management, intellectual capital, and organizational renewal and resilience.
Slađana Čabrilo is a Full Professor at I-Shou University in Taiwan. She holds a Ph.D. degree in Industrial Engineering and Management from the University of Novi Sad, Serbia. Her research focuses on intellectual capital, knowledge management, innovation, and digital transformation.
Lina Užienė is an Associate Professor at Kaunas University of Technology, School of Economics and Business, Lithuania. She holds a PhD degree in Business and Administration. Her scientific research focuses on intellectual capital, knowledge management and national policy development based on efficient management of intangible resources and innovation-oriented infrastructures. Digital transformation is one of the main issues in her latest research.
