“…Researchers have paid a great attention to the topic of intangible assets, often referred to as intellectual capital in the early 1990s.They mentioned its importance for all kinds of organizations like Microsoft, Astra, Rentokil and Oracle (Kim et al, 2010;Wall,2005;Chang & Birkett, 2004 ;Alcaniz et al, 2011;Mouritsen et al, 2001). Edvinsson and Malone recommended intellectual capital for the Swedish financial company, Skandia, as a technique for quantifying the company's intangible assets (Peppard & Rylander, 2001;Kitts et al, 2001).…”