Abstract
In a dynamic and complex market, tangible assets, which often produce only short-term effects, cease to be the critical source of competitive advantage against competitors. Instead, nowadays more emphasis is placed on intellectual competitiveness, which is achieved by the ability to make strategic decisions on business development that are adequate to the changes in the complex and dynamic external environment. An approach based on knowledge resources forms the theoretical background of this study. Its main assumption is that intangible resources are the strategic asset that plays the central role in creating a long-term competitive advantage for organizations. The article emphasises that although intellectual capital and knowledge management are rather extensively discussed in various contexts, the available theoretical and empirical studies are often fragmented. Current research lacks a scientifically-based, integrative approach, which would reveal broader theoretical assumptions that take into account current developments. The article presents an integrative model, built on conceptual theoretical insights that include three components: strategic decisions, intellectual capital and knowledge management. The model broadens the field of research on intellectual capital not only in the addition of strategic dimension as its essential component that influences creation of added value in organizations, but also in its emphasis on the importance of integrating the strategy of intellectual capital with knowledge management. The model also illustrates the link between the components of intellectual capital and processes of knowledge management in the context of strategic management. An assumption is made that the constructed complex research model will provide new insights for scientific research at the theoretical level, while its practical implementation would assist organizations in their strategic development and help to increase the produced added value.
Downloads
Download data is not yet available.
Most read articles by the same author(s)
-
Tadas Limba,
Elektroninės valdžios paslaugų pakopų modeliai: jų lyginamoji analizė
,
Information & Media: Vol. 50 (2009): Informacijos mokslai
-
Agota Giedrė Giedrė Raišienė,
Steponas Jonušauskas,
Organizacijų veiklos efektyvumas: elektroninio pašto įtaka darbuotojų produktyvumui
,
Information & Media: Vol. 56 (2011): Informacijos mokslai
-
Žygintas Pečiulis,
TV Media Change in the Aspect of Remediation Theory
,
Information & Media: Vol. 91 (2021): Information & Media
-
Raimundas Savukynas,
Virginijus Marcinkevičius,
A comparison of the identification methods of objects of the internet of things
,
Information & Media: Vol. 78 (2017): Informacijos mokslai
-
Kristina Juraitė,
Žiniasklaidos galios Lietuvos naujienų rinkoje vertinimas
,
Information & Media: Vol. 47 (2008): Informacijos mokslai
-
Lijana Stundžė,
Sexual Harassment Discourse in News Portal delfi.lt: 2017-2018
,
Information & Media: Vol. 92 (2021): Information & Media
-
Adolfas Kaziliūnas,
The Knowledge Management Process for Implementing Quality Improvement Programs
,
Information & Media: Vol. 62 (2012): Informacijos mokslai
-
Beata Grebliauskienė,
Mariana Sueldo,
Diplomatinio protokolo kaita: instrumentinis požiūris
,
Information & Media: Vol. 52 (2010): Informacijos mokslai
-
Dovainė Buschmann,
Worse than communism? Discursive anti-gender mobilizations in Lithuania
,
Information & Media: Vol. 80 (2017): Informacijos mokslai
-
Jaroslav Dvorak,
Jurgita Rudžionienė,
Bibliotekų kaip viešojo sektoriaus institucijų veiklos vertinimo organizavimo galimybė viešojo administravimo požiūriu
,
Information & Media: Vol. 63 (2013): Informacijos mokslai