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What is Relational Capital

Chapter 12

The Formation of Intellectual Capital and Its Ability to Transform Higher Education Institutions and the Knowledge Society

Includes the set of economic, political, and institutional relations developed and maintained between the organization and non-academic partners.

Published in Chapter:

Proposal of Indicators for Intellectual Capital in Higher Education

Edgar Oliver Cardoso Espinosa (Instituto Politécnico Nacional, Mexico)

Source Title: The Formation of Intellectual Capital and Its Ability to Transform Higher Education Institutions and the Knowledge Society

DOI: 10.4018/978-1-5225-8461-2.ch012

Abstract

The objective of the chapter is to provide a proposal of indicators of intellectual capital in higher education for the organizations that comprise it. The importance of valuing intellectual capital in educational organizations is to measure their contributions to society, which complement the financial landscape and allow comparison between similar institutions, in order to compare their performance. Therefore, the conclusion of carrying out this process in higher education is 1) providing adequate information on the value of HEIs to society, 2) assessing and directing the response capacity of the organization towards the needs of the productive and services sector (interest groups), 3) orienting the development of the components of intellectual capital towards a knowledge management that allows to solve in an efficient way the problems of the society, and 4) optimizing the human talent of the institution for the achievement of the organizational objectives.