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Scientific Article details

Title Stakeholder involvement in intellectual capital system implementation for long-term competitiveness development of SMEs in Thailand
ID_Doc 71355
Authors Nupap, S; Chakpitak, N; Neubert, G; Tra-ngarn, Y
Title Stakeholder involvement in intellectual capital system implementation for long-term competitiveness development of SMEs in Thailand
Year 2016
Published International Journal Of Innovation And Learning, 20.0, 3
DOI 10.1504/IJIL.2016.079070
Abstract Small and medium-sized enterprises (SMEs) have been recognised on their contribution to national economic growth. A significant number of SMEs had difficulties surviving after the 2007 economic crisis and during an intensive competition in the global market. The implementation of an intellectual capital (IC) system supported with stakeholder involvement contributes to the SMEs in long-term competitiveness development. In this work, we have implemented the IC system based on the process model and the Skandia navigator model. The proposed IC system is the integration of joint application development, business plan, and customer relationship management on three selected SMEs in Thailand emphasising on enhancing stakeholder involvement. The significant achievement in IC categories in human, financial, and customer prospects has been addressed.
Author Keywords small and medium-sized enterprises; SMEs; economic growth; economic crisis; Thailand; long-term competitiveness development; stakeholder involvement; intellectual capital; IC; organisational strategy; process model; Skandia navigator model; joint application development; JAD; business plan; customer relationship management; CRM; innovation
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000436898400006
WoS Category Management
Research Area Business & Economics
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