|Project titel:||“Intellectual Capital Statement – Made in Europe“|
|Project sponsor:||European Commission – GD Research|
|Confédération Européene des Associations
de Petites et Moyenne Entreprises (CEA-PME), 5 national Associations, 25 SMEs, Fraunhofer IPK, London School of Economics and Political Science, Universitat Politècnica de Catalunya, experts of Arbeitskreis Wissensbilanz.June 2006 – December 2008
The goal formulated at the Lisbon Summit in 2000 of making the European Union the most dynamic and competitive knowledge-based economy in the world by 2010 is a major challenge for European economic policy. Europe’s 23 million small and medium-sized enterprises (SMEs) in particular are currently faced with the question of how they can secure and expand their economic future in the face of intensified international competition. The decisive competitive advantage of European SMEs is the company-specific knowledge or “intellectual capital”. How these intangible resources are to be measured, evaluated and managed, however, has so far been the subject of only isolated, scientifically based approaches at national level. The development and sustainable implementation of a European intellectual capital statement method is the task of the research project “InCaS. Intellectual Capital Statement – Made in Europe” under the scientific direction of the Fraunhofer IPK.
Objectives and procedure
The aim of the project is to make the tried and tested and benefit-oriented method of assessing and managing intellectual capital available to European SMEs. In order to assess the intellectual capital of SMEs uniformly across Europe, the existing national approaches to assessing intangible resources will be harmonised. Despite industry and cultural differences, a fundamental comparability of European intellectual capital statements is guaranteed. By 2008,25 pilot companies from five European countries (Spain, France, Poland, Slovenia, Germany) and five different industries will implement intellectual capital statements. Together with leading European experts from the London School of Economics and the Technical University of Catalonia, Barcelona, experts from the Intellectual Capital Report Working Group are consolidating the European approaches to intellectual capital reporting. A harmonised European method of intellectual capital accounting will be developed and the strengths and weaknesses of the intellectual capital of European SMEs will be revealed.
Based on the German method of the project “Intellectual Capital Report – Made in Germany” and taking into account the latest European experience, the procedure is to be made even more efficient and user-friendly. A European intellectual capital statement guide and software support will be developed and made available to European SMEs for practical support. A sustainable dissemination of the method in European SMEs by the participating SME associations will further advance the development of a European standard for intellectual capital reporting.
For further information
Detailed information about the project can be found under the following link: