what is an intellectual capital statement?
Intellectual capital statements are reports designed to provide information about the intangible and intellectual resources of organisations. Such reports can have different objectives and take different formats. They can be voluntary external reports produced to provide stakeholders with a better picture of an organisation’s assets structure but can equally be created as internal management documents that identify and clarify the role and importance of intangible assets as drivers of performance. Different guidelines have been produced on how to design intellectual capital statements, and some countries have passed laws that make it compulsory for some organisations to produce IC statements (e.g. Austria for Universities).
