Study On Intellectual Capital Measurement Based On Value Chain Theory

With the development of the times, the role played by the intellectual resources in thedevelopment of the world economy has become increasing prominently, the concept ofintellectual capital had also understand and accept by many scholars gradually. Intellectualcapital measurement is the basis of intellectual capital management and disclosure, this paperdesign intellectual capital measurement model under the enterprise value chain researchperspective, measured the value of intellectual capital for example of computer applicationservices industry and proposed to verify measurement method in this paper.This paper system discussed the theory of the definition of intellectual capital, theclassification of the elements and the measurement model. Based on above theories, a valuechain perspective of intellectual capital measurement is introduced. Under the guidance of thetheory of the value chain, detailed analysed the creation process and results value ofintellectual capital and draw the intellectual capital value should contain the intellectualcapital stock value and efficiency value. This paper built the value measurement model ofintellectual capital on the basis of the analysis.In the empirical analysis, this article selected40Computer Application Services listedcompanies as the study sample. This article using factor analysis to analyze each sample stockof intellectual capital get the intellectual capital stock value; using data envelopment analysisinput-output efficiency of each sample get the intellectual capital efficiency value. Finally, thestock value and efficiency value combined to get the final measurement results of intellectualcapital value. This paper analysis corresponding measurement results in several aspects andVerified the usefulness and applicability of the measure model.The value of intellectual capital not only depends on the number of intellectual resourcesinputs, but the combination of its stock and efficiency value. This paper intuitive reflected theintellectual capital value of different sample companies through intellectual capitalmeasurement model to evaluate samples. On the one hand, this paper make recommendationsaccordingly for the company to manage its own intellectual capital, on the other hand, providepropose innovative perspectives for the development of intellectual capital measurementmethods.