Utilizing Intangible Assets in the Worlds of Production

Kostagiolas, Petros; Asonitis, Stefanos

doi:10.18848/1447-9524/cgp/v08i02/50512

Cited by 5 publications

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“…Intangible assets were diachronically present in any production model of the economy, but the recognition of their contribution to value creation and then their utilization towards this purpose, varies significantly over the years (Kostagiolas and Asonitis, 2008). In the changing social, technological, economical and political environment of the twenty‐first century library professionals wanting to invest on the intangible assets of a library are looking for guidance.…”

Section: Introductionmentioning

confidence: 99%

An analytic hierarchy approach for intellectual capital

Asonitis

Κωσταγιόλας²

2010

Library Management

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PurposeThis paper aims to present a methodological framework for the identification of a hierarchy among the three categories of intellectual capital, i.e. human, organizational/structural and relational capital, with respect to their contribution to the objective of improving a library's performance. It also seeks to provide a case study of Greek central public libraries.Design/methodology/approachThe framework is based on an analytic hierarchy process (AHP) application including utilization of a Delphi method and ISO 11620 international standards. Finally, empirical evidence is produced for the Greek central public libraries.FindingsThe proposed framework may be employed for prioritizing intangible assets in libraries. For the Greek central public libraries it has been indicated that human capital contributes more than the organizational/structural capital and this in turn more than the relational capital.Research limitations/implicationsAlthough the proposed methodological framework is intended to be widely applicable, the case study results cannot be directly generalized due to the uniqueness of the Greek public libraries environment.Practical implicationsA hierarchy may be an invaluable tool for the library's management in order to better utilize the intangible resources and effectively allocate investments to human, organizational and relation capital assets in order to improve the library's performanceOriginality/valueThe paper shows that the framework for building a hierarchy of intellectual capital in libraries is based on a rather challenging research approach for prioritizing intangible assets with respect to predefined management objectives.

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Section: Introductionmentioning

confidence: 99%

An analytic hierarchy approach for intellectual capital

Asonitis

Κωσταγιόλας²

2010

Library Management

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“…However, over the last two decades and with the advent of information technology and the internet, the academic libraries operate in an increasingly competitive international environment which is heavily influenced on assets which are rather intangible in nature. Intangible assets were diachronically present in any production model of the economy, but the recognition of their contribution to value creation and then their utilization towards this purpose, varies significantly over the years (Kostagiolas and Asonitis, 2008). Nowadays, creativity and innovation as well as investments related to library automation, electronic services, digital collaborations and other intangible economic activities become more important than ever.…”

Section: Introductionmentioning

confidence: 99%

Intangible assets for academic libraries

Κωσταγιόλας

Asonitis

2009

Library Management

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PurposeThe aim of the paper is explore issues related to the intangible assets in libraries and provide first results regarding their identification, categorization, valuation and reporting.Design/methodology/approachA review of the literature for the intangible assets in academic libraries is provided and a number of important approaches related to the management of intangible assets are discussed.FindingsLibrary and information services include both tangible and intangible assets. In the economic reality of the twenty‐first century, the intangible assets critically contribute, in combination with the tangible assets, to the overall value and performance of academic libraries. Specific management actions and activities related to intangible assets are required.Research limitations/implicationsThis paper contributes to the discussion of the significance of intangible assets and some initial results are exhibited. The intention of this work however is to stimulate further research on the management of intangible assets in libraries and information services.Originality/valueA theoretical discussion of intangible assets in academic libraries is provided and a number of issues for their management are raised.

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Measuring the “excellence” of librarianship at Earlham College

Baker¹,

Taylor²

2013

Excellence in the Stacks

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Utilizing Intangible Assets in the Worlds of Production

Cited by 5 publications

References 0 publications

An analytic hierarchy approach for intellectual capital

An analytic hierarchy approach for intellectual capital

Intangible assets for academic libraries

Measuring the “excellence” of librarianship at Earlham College

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