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The Importance of Intellectual Capital for the Entrepreneurial Firm

<p>Entrepreneurship and Intellectual Capital (IC) have become important concepts for economies around the world over the last decades, even though, due to their multidisciplinary nature, different definitions have been developed concerning these concepts. There are some authors who regard these phenomena as being in strong opposition to traditional theories, such as economics, accounting, finance, to mention a few, but they have played a vital role for a better understanding of the success and/or failure of firms. In this paper we are going to address the factors influencing the success of the entrepreneurial firm, focusing on IC and the entrepreneur as the main contributors to this outcome. A theoretical model of analysis is presented illustrating how entrepreneurs utilize IC to lead firms towards success, which at the same time contributes back to the experience of the entrepreneur. The model will then be tested by applying it on BPM (Bau- & Projektmanagement GmbH), a German project management firm founded by Peter Christa that specializes in administrating small, medium, and large public construction projects, especially in the field of hospital redevelopment and expansion.</p>

Identiferoai:union.ndltd.org:UPSALLA/oai:DiVA.org:mdh-850
Date January 2008
CreatorsVazquez, Francisco, Michalski, Markus
PublisherMälardalen University, School of Sustainable Development of Society and Technology, Mälardalen University, School of Sustainable Development of Society and Technology, Akademin för hållbar samhälls- och teknikutveckling
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, text
RelationMälardalen University Press Dissertations, 1651-4238 ;

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