Intellectual capital management: pathways to wealth creation

Abstract

PurposeThe management of intellectual capital (IC) within organizations depends on appropriate organizational structures and characteristics. This paper seeks to argue that certain structural, cultural, and climate characteristics will lead to more effective IC management.Design/methodology/approachThe paper reviews the theoretical and empirical IC literature, as well as the literatures regarding organic environments, trust, participative decision making, and creative renewal processes, to develop a model relating to the antecedent conditions necessary for the management of IC.FindingsThe model developed will assist researchers in the identification and exploration of variables linked to the effective management of IC within organizations.Practical implicationsIt is concluded that managers of organizations need to create organic structures, build trust with employees, encourage creative renewal, and develop participative decision‐making processes.Originality/valueBy integrating several fields of the literature that relate to IC management, the paper suggests propositions that deserve future research consideration.