Separating the Measurement and Evaluation of Intellectual Capital Elements with Evaluator Functions
Keywords:
Measuring and valuing IC, intellectual capital measurement methodsAbstract
The purpose of this study is to contribute to the use of evaluator and utility functions in order to increase the reliability of scorecard
based intellectual capital measurement methods and to express and aggregate the utility of IC elements to the organization. The
conducted field experiment integrates the results of interviews with 23 brand name customers through examining the customer
satisfaction measuring practice of service provider companies. The main finding is that the adequately calibrated evaluator functions
assign perceived customer satisfaction to its scorecard based measured values and mitigate the distortions of scorecard based
measurements. The evaluator function interpreted as a kind of utility function reflects the utility of IC values derived from a
scorecard based measurement method. Our research discusses the repertoire of aggregating the utility of IC elements as well.
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