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Do we know if we create or destroy value?

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  • Ante Pulic

Abstract

The existing accounting systems cannot meet the requirements of modern companies any more. Not costs but value creation is the core of modern business and intellectual capital has become the decisive value creation factor of modern business. If a company aims to achieve a maximum result with the existing resources its management must know how successfully value added is created, how efficiently this is done, and what is the contribution of intellectual capital. The VAIC analysis is a measuring tool providing information these matters.

Suggested Citation

  • Ante Pulic, 2004. "Do we know if we create or destroy value?," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 4(4), pages 349-359.
  • Handle: RePEc:ids:ijeima:v:4:y:2004:i:4:p:349-359
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    Cited by:

    1. Giuseppe Marzo, 2022. "A theoretical analysis of the value added intellectual coefficient (VAIC)," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 26(2), pages 551-577, June.
    2. Vincenzo Scafarto & Federica Ricci & Elisabetta Magnaghi & Salvatore Ferri, 2021. "Board structure and intellectual capital efficiency: does the family firm status matter?," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 25(3), pages 841-878, September.

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