Measuring Knowledge-Based Capital

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Measuring knowledge-based capital Managing knowledge-based capital as a source of growth and as a driver of value creation for firms requires proper measurement. OECD work will develop sound and comparable measures of key knowledge assets to improve policy making.

Hard-to-measure knowledge assets

Business investment in KBC and tangible capital, as a percentage of value added (2010)1



Towards a measurement agenda

US investment in organisational capital (2002-2011)2 450

Investment in billion USD

400 350 300 250

200 150

100 50

0 2002

2003

2004

2005

2006

Manager-based investment in OC

1

Source: OECD calculations based on INTAN-Invest, OECD Main Science and Technology Indicators, Eurostat, United States Bureau of Economic Analysis, the Australian Innovation System Report (2012), Australian Bureau of Statistics and the Japanese Industrial Productivity database.

2

2007

2008

2009

2010

2011

Task-based Investment in OC

Source: OECD calculations based on the earnings data by occupation and industry from the Annual Social and Economic (ASEC) Supplement of the Current Population Survey (CPS), US Bureau of Labor Statistics, 2003-2012, see Squicciarini and Le Mouel (2012), DSTI/DOC(2012)5.

Last updated: March 2013


Measuring knowledge-based capital 

Economic growth and productivity

Knowledge outcomes and flows

For more information alessandra.colecchia@oecd.org http://oe.cd/stinews


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