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Ways to promote valuable innovation: intellectual capital assessment for higher education system
Authors:Hung-Yi Wu  Jui-Kuei Chen  I-Shuo Chen
Affiliation:1. Graduate Institute of Business Administration, National Chiayi University, No. 300, Syuefu Road, Chiayi City, 60004, Taiwan
2. Graduate Institutes of Futures Studies, Tamkang University, 4F, No. 20, Lane 22, WenZhou Street, Taipei City, 10616, Taiwan
3. Institute of Business & Management, National Chiao Tung University, 4F, No. 20, Lane 22, WenZhou Street, Taipei City, 10648, Taiwan
Abstract:The importance of intellectual capital (IC) has been emphasized during recent year. Such a trend puts higher education systems under great pressure for two main reasons: first, IC has been shown to be a key driver of innovation; second, the higher education system assumes the unique function of fostering innovation. Knowing how best to improve IC is considered the most significant factor of success in enhancing innovation. However, the higher education system of today has difficulty in measuring IC precisely to improve its innovation performance. This study is to conquer such a problem by establishing critical criteria for IC assessment. Based on the findings, the higher education system is encouraged to successfully evaluate its IC performance and then find ways to improve this performance to achieve better innovation.
Keywords:
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