Methodological Accounting Tools for the Evaluation of Intangibles Management in Research Institutions: Some Empirical Remarks


Knowledge is primarily considered as powerful value producer. The dynamic relationship of university and society starts with the economic exploitation of research results, with the intention, on the one hand, to safeguard the equilibrium of financial resources to support academic activity on the other hand with the intention to sustain society and more specifically stakeholders’ interests. University and precisely its departmental structure are increasingly involved in the implementation and improvement of strategies focusing on technological transfer and on the activity of managing internal intangible resources. This study, after considering the logic that inspires or should inspire models for the evaluation of knowledge creation and accountability through the intangible assets of academic departments and research centres, illustrates empirically the situation concerning the diffusion of immaterial resource management tools in a relevant research area in Italy.

Share and Cite:

Catalfo, P. (2015) Methodological Accounting Tools for the Evaluation of Intangibles Management in Research Institutions: Some Empirical Remarks. Journal of Service Science and Management, 8, 638-648. doi: 10.4236/jssm.2015.84064.

Conflicts of Interest

The authors declare no conflicts of interest.


[1] Davis, S. and Meyer, C. (2000) Future Wealth. Harvard Business School Press, Boston.
[2] Pfeffer, J. (1994) Competitive Advantage through People Unleashing the Power of the Workforce. Harvard Business School Press, Boston.
[3] Von Krogh, G., Ichijo, K. and Nonaka, I. (2000) Enabling Knowledge Creation. How to Unlock the Mystery of Tacit Knowledge and Release the Power of Innovation. Oxford University Press, Inc., New York.
[4] Sullivan, P.H. (1998) Profiting from Intellectual Capital Extracting Value from Innovation. John Wiley & Sons, Inc., New York.
[5] Kale, P., Singh, H. and Perlmutter, H. (2000) Learning and Protection of Proprietary Assets in Strategic Alliances: Building Relational Capital. Strategic Management Journal, 21, 217-237.<217::AID-SMJ95>3.0.CO;2-Y
[6] Chu, P.Y., Lin, Y.L., Hsiung, H.H. and Liu, T.Y. (2006) Intellectual Capital: An Empirical Study of ITRI. Technological Forecasting & Social Change, 73, 886-902.
[7] Gibbons, M., Limoges, C. and Nowotny, H. (1994) The New Production of Knowledge. Pinter Publishers, London and New York.
[8] Johanson, U., Martensson, M. and Skoog, M. (2001) Measuring to Understand Intangible Performance Drivers. European Accounting Review, 10, 407-437.
[9] Nonaka, I. and Nishiguchi, T. (2001) Knowledge Emergence. Social Technical and Evolutionary Dimension of Knowledge Creation. Oxford University Press, Inc., New York.
[10] Steward, T. (1997) Intellectual Capital. The Wealth of Organizations, London.
[11] Lev, B. (1999) The Inadequate Public Information on Intellectual Capital and Its Consequences. Working Paper, International Symposium: Measuring and Reporting Intellectual Capital: Experiences, Issues, and Prospects, Amsterdam. (Unpublished)
[12] Kaplan, R.S. and Norton, D.P. (2001) The Strategy-Focused Organization. Harvard Business School Press, Boston.
[13] Jensen, R. (1999) The Dream Society: How to Transform the Coming Shift from Information to Imagination Will Transform Your Business. McGraw-Hill, New York.
[14] Nonaka, I. (1991) The Knowledge Creating Company. Harvard Business Review, 69, 96-104.
[15] Teece, D. (2000) Managing Intellectual Capital. Oxford University Press, Oxford.
[16] Bonaccorsi, A. and Daraio, C. (2007) University as Strategic Knowledge Creators: Some Preliminary Evidence. In: Bonaccorsi, A. and Daraio, C., Eds., Universities and Strategic Knowledge Creation, Edward Elgar, Cheltenham.
[17] Gulbransen, M. and Slipersaeter, S. (2007) The Third Mission and the Entrepreneurial University Model. In: Bonaccorsi, A. and Daraio, C., Eds., Universities and Strategic Knowledge Creation, Edward Elgar, Cheltenham, 112-143. Bahara, N. (2001) Competitive Knowledge Management. Palgrave, Hampshire and New York.
[18] Bonaccorsi, A. and Piccaluga, A. (1994) A Theoretical Framework for the Evaluation of University—Industry Relationships. R&D Management, 24, 154-169.
[19] Rudolph, B. and Leitner, K.H. (2002) Research Organisations Discover Their Intellectual Capital: Experiences of the Organisations DLR and ARC and the Potential for Comparing IC Measures. Paper Prepared for the Conference “The Transparent Enterprise. The Value of Intangibles”, Autonomous University of Madrid, Ministry of Economy, 25-26 November 2002, Madrid, Spain.
[20] Buckman, R.H. (1998) Knowledge Sharing at Buckman Labs. Journal of Business Strategy, 19, 11-15.
[21] Arnold, E., Rush, H., Bessant, J. and Hobday, M. (1998) Strategic Planning in Research and Technology Institutes. R & D Management, 28, 89-100.
[22] Albert, S. and Bradley, K. (1997) Managing Knowledge: Experts, Agencies and Organizations. Cambridge University Press, Cambridge.
[23] Sullivan, P.H. (2001) Value-Driven Intellectual Capital: How to Convert Intangible Corporate Assets into Market Value. John-Wiley & Sons, Inc., New York.
[24] Lev, B. (2001) Intangibles Management, Measurement, and Reporting. Brookings Institution Press, Washington DC.
[25] Guthrie, J., Ricceri, F. and Dumay, J. (2012) Reflections and Projections: A Decade of Intellectual Capital Accounting Research. British Accounting Review, 44, 68-82.
[26] Bounfour, A. (2013) The Management of Intangibles: The Organization’s Most Valuable Assets. Routledge, London and New York.
[27] Bounfour, A. (2011) Le Capital Organisationnel, Principes, Enjeux, Valeur. Springer, Paris.
[28] Canibano, L., Garcia-Ayuso, M. and Sanchez, M.P. (1999) Accounting for Intangibles: A Literature Review. Journal of Accounting Literature, 19, 102-130.
[29] Marr, B., Ed. (2005) Perspectives on Intellectual Capital. Multidisciplinary Insights into Management, Measurement and Reporting. Elsevier, Oxford.
[30] Parker, L. and Guthrie, J. (2009) Championing Intellectual Pluralism. Accounting, Auditing & Accountability Journal, 22, 5-12.
[31] Sveiby, K.E. (1997) The New Organizational Wealth: Managing and Measuring Knowledge-Based Assets. Berrett-Koehler, San Francisco.
[32] Edvinsson, L. and Malone, M. (1997) Intellectual Capital, Realizing Your Company’s True Value by Findings Its Hidden Brainpower. Harper Business, New York.
[33] Lev, B. and Mintz, S.L. (1999) Seeing Is Believing: A Better Approach to Estimating Knowledge Capital. CFO Magazine, 15, 29-37.
[34] Mouritsen, J., Larsen, H.T. and Bukh, P.N.D. (2001) Intellectual Capital and the Capable Firm: Narration, Visualization and Numbering for Managing Knowledge. Accounting Organizations and Society, 26, 735-776.
[35] Bornemann, M. and Alwert, K. (2007) The German Guideline for Intellectual Capital Reporting: Method and Experiences. Journal of Intellectual Capital, 8, 563-576.
[36] Dumay, J.C. (2009) Intellectual Capital Measurement: A Critical Approach. Journal of Intellectual Capital, 10, 190-210.
[37] An, Y., Davey, H. and Eggleton, I.R.C. (2011) Towards a Comprehensive Theoretical Framework for Voluntary IC Disclosure. Journal of Intellectual Capital, 12, 571-585.
[38] Atkinson, A.A., Waterhouse, H.H. and Welles, R.B. (1997) A Stakeholder Approach to Strategic Performance Management. Sloan Management Review, 38, 25-37.
[39] Bukh, P.N., Johansen, M.E. and Mouritsen, J. (2002) Multiple Integrated Performance Management Systems: IC and BSC in a Software Company. Singapore Management Review, 24, 21-33.
[40] De Gooijer, J. (2000) Designing a Knowledge Management Performance Framework. Journal of Knowledge Management, 4, 303-310.
[41] Dodgson, M. and Hinze, S. (2000) Indicator Used to Measure the Innovation Process: Defects and Remedies. Research Evaluation, 9, 101-114.
[42] Dumany, J.C. (2009) Intellectual Capital Measurement: A Critical Approach. Journal of Intellectual Capital, 10, 190-210.
[43] Foray, D. (2000) Characterizing the Knowledge Base: Available and Missing Indicators. In: OECD, Ed., Knowledge Management in the Learning Society, OECD, Paris, 239-257.
[44] Cook, S.D.N. and Brown, J.S. (1999) Bridging Epistemologies: The Generative Dance between Organizational Knowledge and Organizational Knowing. Organization Science, 10, 381-400.
[45] Roessner, D. (2000) Quantitative and Qualitative Methods and Measures in the Evaluation of Research. Research Evaluation, 9, 125-132.
[46] Leitner, K.H. and Warden, C. (2003) Managing and Reporting Knowledge-Based Resources and Processes in Research Organizations: Specifics, Lessons Learned and Perspectives. Management Accounting Research, 15, 33-51.
[47] Leitner, K.H. (2005) Managing and Reporting Intangibles Assets in Research Technology Organizations. R & D Management, 35, 125-136.
[48] Koch, G., Leitner, K.H. and Bornemann, M. (2000) Measuring and Reporting Intangible Assets and Results in a European Contract Research Organization. Proceedings of the Joint German-OECD Conference on Benchmarking Industry-Science Relationships, Berlin, 16-17 October 2000.
[49] Leitner, K.H. (2004) Intellectual Capital Reporting for Universities: Conceptual Background and Application for Austrian Universities. Research Evaluation, 13, 129-140.
[50] Holland, J. (2004) Corporate Intangibles, Value Relevance and Disclosure Content. Institute of Chartered Accountants of Scotland, Edinburgh.

Copyright © 2022 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.