Picture of boy being examining by doctor at a tuberculosis sanatorium

Understanding our future through Open Access research about our past...

Strathprints makes available scholarly Open Access content by researchers in the Centre for the Social History of Health & Healthcare (CSHHH), based within the School of Humanities, and considered Scotland's leading centre for the history of health and medicine.

Research at CSHHH explores the modern world since 1800 in locations as diverse as the UK, Asia, Africa, North America, and Europe. Areas of specialism include contraception and sexuality; family health and medical services; occupational health and medicine; disability; the history of psychiatry; conflict and warfare; and, drugs, pharmaceuticals and intoxicants.

Explore the Open Access research of the Centre for the Social History of Health and Healthcare. Or explore all of Strathclyde's Open Access research...

Image: Heart of England NHS Foundation Trust. Wellcome Collection - CC-BY.

Intellectual capital and technology strategy

Durrani, T.S. and Forbes, S.M. (2003) Intellectual capital and technology strategy. In: Engineering Management Conference, 2003. IEMC '03., 2003-11-02 - 2003-11-04.

Full text not available in this repository. Request a copy from the Strathclyde author

Abstract

In the new economy, exploiting the traditional factors of production is no longer sufficient. The key to success is huge investment flows into human capital as well as information technology and, stunningly, neither of these appear as positive values in traditional accounting. Rather, it is often just the opposite. Consequently, knowledge-based companies are undervalued by traditional accounting methods, sometimes this is by a relatively small percentage, but Market:book ratios are more commonly in single figures, however there is enough here to suggest that focusing too intently on financial data might be missing the point. This is the reason for the popularity of new concepts such as Intellectual Capital and the Balanced Scorecard. This paper reviews current issues concerned with Intellectual Capital as an essential ingredient of the knowledge economy, and through illustration, embeds these issues into a strategic framework that takes into account both tangible and intellectual assets in formulating a Technology Strategy for hi-tech companies.