Determinants of Improving Market Value Indicators of Intellectual Capital in Business Enterprises as a Pathway to Achieving a Developmental Leap

Abstract

This research aims to provide a critical, analytical study of intellectual capital by examining its components and classifications, as well as discussing the methods used to measure it and the theoretical foundations underpinning those methods. It also seeks to evaluate the advantages and disadvantages of various measurement techniques to identify the most objective and appropriate methodology for measuring intellectual capital in organizations, while taking into account the dynamic nature of its value over time.

The study concluded that measuring intellectual capital continues to face methodological and conceptual challenges—particularly regarding the volatility of certain measurement indicators and the resulting complications in associated accounting treatments. Consequently, developing more accurate and flexible measurement tools is essential to enhancing companies' ability to effectively manage their intellectual capital within the context of the knowledge-based.