Track: Engineering Management
Abstract
Intellectual Capital is gaining importance in today's knowledge economy and plays a vital role in innovation, productivity growth, performance and competitiveness of organizations. The Intellectual Capital may include the following areas: human resources, organizational structure and processes, research and development, technology and rights related to intellectual property, and consumer networks and software providers.
The purpose of this work is to measure the intellectual capital in an Algerian organization (or production system) using the Weightless Wealth Tool Kit “WWTK”. The results of the measurement of intellectual capital are supplemented by traditional financial ratios.
The measurement was applied to the National Company of wells Services (ENSP) in Hassi Messaoud city, in south of Algeria. We calculated the intellectual capital (intangible resources) of the ENSP to help the organization to better capitalize on its potential of workers and their know-how. The intangible value of the ENSP is evaluated at 16,936,173,345 DA in 2015.