Intellectual Capital Reporting of Universities – A Third Mission Oriented Approach to Communication with Stakeholders
Justyna Fijałkowska , Dominika Hadro
AbstractBackground. Universities worldwide have been called to (re)consider their role in society; to evaluate their mission and their interrelations with various stakeholders. At the same time they are going through transformation aiming to make them more autonomous, economically efficient and competitive. Both this reasons lead to the pressure on universities to prove their efficient resource management that may be realized via intellectual capital disclosure. Research aims. The objectives of this paper is to present the ‘third mission’ approach adoption of universities imposing on them the need for greater accountability, transparency and more effective communication that may be realized via IC reporting, the second is to review and discuss the qualitative and quantitative empirical research in IC reporting of universities worldwide. Methodology. The research method consisted in a critical literature and inductive reasoning. The resources theory, stakeholders’ theory, legitimacy theory, and signaling theory as well as the New Public Management (NPM) and post-NPM concepts gave the foundation of this research. Key findings. The conclusions of the research confirm that the implementation of IC reporting in universities is still a challenge for practice. IC disclosure lags behind the needs of stakeholders and should be improved. Greater awareness and effective implementation of IC reporting in universities could improve their future potential, quality and competitiveness
|Journal series||International Journal of Contemporary Management, [Współczesne Zarządzanie. Kwartalnik Środowisk Naukowych i Liderów Biznesu], ISSN 2449-8920, e-ISSN 2449-8939, [1643-5494], (B 14 pkt)|
|Publication size in sheets||1.15|
|Keywords in English||intellectual capital, reporting, third mission|
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