2004
DOI: 10.1108/14691930410533696
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Shaken, not stirred

Abstract: The necessity and importance of measuring intangibles has become increasingly accepted in the business, financial and academic communities as a means for a better understanding of the value creation processes in private, public and not‐for‐profit enterprises. Intangible indicators are seen as idiosyncratic, unique to each enterprise and not standardised. Interpretation, dissemination and further research suffer from the lack of definition and measurement standards. This paper examines guidelines and suggestion… Show more

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Cited by 112 publications
(7 citation statements)
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“…First, this study has found significant relationships between HR systems -high-profile personal and collaborative -and human capital and social capital, respectively. On the one hand, companies can acquire human capital by using selective staffing, retain qualified employees through high-compensation programs, or improve and update skills and M.J. Donate et al 16 employees' knowledge by applying formal training programs (Bartel, 2004;Grasenick & Low, 2004; in an interrelated form (Becker & Huselid, 1998). Similar to the study by , the results of our study validate the arguments of human capital theorists who suggest that organizations can improve their level of human capital through HRM systems based on high-profile personal practices of both 'buy' and 'make' HR.…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…First, this study has found significant relationships between HR systems -high-profile personal and collaborative -and human capital and social capital, respectively. On the one hand, companies can acquire human capital by using selective staffing, retain qualified employees through high-compensation programs, or improve and update skills and M.J. Donate et al 16 employees' knowledge by applying formal training programs (Bartel, 2004;Grasenick & Low, 2004; in an interrelated form (Becker & Huselid, 1998). Similar to the study by , the results of our study validate the arguments of human capital theorists who suggest that organizations can improve their level of human capital through HRM systems based on high-profile personal practices of both 'buy' and 'make' HR.…”
Section: Discussionmentioning
confidence: 99%
“…Thus rigorously selective staffing and comprehensive training contribute to a high level of collective human capital for the workforce (Huselid, 1995;Zacharatos, Barling, & Iverson, 2005). In general, the stock of human capital increases when new highly skilled employees join an organization (Grasenick & Low, 2004). In this regard, Guthrie and Olian (1991) showed that selection practices have a significant effect on the characteristics of managers and employees selected for working.…”
Section: Hrm As An Antecedent Of Human Capital Developmentmentioning
confidence: 97%
“…Relational capital is about relationships with all the stakeholders, as well as an organization's external image. Furthermore, relational capital demonstrates how knowledge is shared and negotiated with external actors (i.e., partners, competitors, users, suppliers) (Sveiby, 2001;Grasenick and Low, 2004). Finally, structural/organizational capital includes the processes, models, routines, leadership styles, organizational culture, and patents aimed at influencing and supporting human capital (Sveiby, 2001).…”
Section: Intangible Assets and Performance In Nonprofit Organizationsmentioning
confidence: 99%
“…Finally, organizational resources represent the structural assets such as intellectual property, technology know-how, systems, management techniques, financial allocation, organizational routines, procedures, image, history and reputation etc. (Reilly & Schweihs, 1998;Grasenick & Low, 2004;Roos et al, 2012).…”
Section: Item Generationmentioning
confidence: 99%