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Prioritization of intellectual capital indicators in knowledge-based industries: Evidence from pharmaceutical industry

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  • Mehralian, Gholamhossein
  • Rasekh, Hamid Reza
  • Akhavan, Peyman
  • Ghatari, Ali Rajabzadeh

Abstract

During the last decade, intellectual capital (IC) and intangible assets have been widely considered as critical tool to deliver successful business in an intensive-knowledge environment. Accordingly, the main goal of this paper is therefore to develop and prioritize the most important indicators of intellectual capital in knowledge-based industries. Based on an extensive literature review, a valid and reliable questionnaire was designed. In order to data gathering, it was sent out to participants from both academic and university who qualified well in pharmaceutical practice. In order to exact prioritization of indicators, fuzzy TOPSIS technique as a MADM model was used. The fuzzy TOPSIS results revealed participants remark high concerns especially about knowledge and skills of managers and employees regarding to human capital, high concerns particularly about positive climate, ratio of investment in R&D and numbers of R&D projects according to structural capital, while considering the relational capital, more attention was paid to customers and strategic cooperation such as alliances and licensing.

Suggested Citation

  • Mehralian, Gholamhossein & Rasekh, Hamid Reza & Akhavan, Peyman & Ghatari, Ali Rajabzadeh, 2013. "Prioritization of intellectual capital indicators in knowledge-based industries: Evidence from pharmaceutical industry," International Journal of Information Management, Elsevier, vol. 33(1), pages 209-216.
    • Handle: RePEc:eee:ininma:v:33:y:2013:i:1:p:209-216
    DOI: 10.1016/j.ijinfomgt.2012.10.002
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    Cited by:

    1. Hu, Ya-Ping & Chang, I-Chiu & Hsu, Wei-Yen, 2017. "Mediating effects of business process for international trade industry on the relationship between information capital and company performance," International Journal of Information Management, Elsevier, vol. 37(5), pages 473-483.
    2. Farzaneh, Mandana & Wilden, Ralf & Afshari, Leila & Mehralian, Gholamhossein, 2022. "Dynamic capabilities and innovation ambidexterity: The roles of intellectual capital and innovation orientation," Journal of Business Research, Elsevier, vol. 148(C), pages 47-59.
    3. Stephen Terlumun Jato, 2023. "Effect of Intellectual Capital on Tito," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(5), pages 305-314, May.

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