Management of Intangibles | Bayes Business School

Facilitating Innovation through the Measurement and Management of Intangibles

£201,459 - Economic and Social Research Council (2003-2005). Researchers: Chris Hendry, Clive Holtham, Georges Selim, David Citron, Jim Brown, Jo Holden and Sally Woodward.

£201,459 - Economic and Social Research Council (2003-2005). Researchers: Chris Hendry, Clive Holtham, Georges Selim, David Citron, Jim Brown, Jo Holden and Sally Woodward.

The aim of the project has been to develop a fuller picture of the 'intangible' processes underlying innovation, and ideas for the better measurement of these, in the belief that better measurement will increase the attention managers give to the drivers of innovation and will lead to more transparent and accurate valuation of companies.

The findings highlight key processes in innovation, and how these differ between manufacturing and services; how company reporting generally does not reflect these adequately; two broadly different approaches to managing and measuring innovation inside companies; and where the scope lies for improved reporting through the Operating and Financial Review (OFR).

PRISM - The Measurement and Reporting of Intangibles and Intellectual Property

(1.6million Euros) - European Commission, Information Society Technologies Programme (2001-2003). Researchers: Clive Holtham, Chris Hendry, Nigel Courtney, Jim Brown, Sally Woodward, Clark Eustace, and a consortium of eight European universities.

This project, led by the Business School, originated in January 2000, when a European High-Level Expert Group on the Intangible Economy (HLEG) was set up at the request of the European Commission. Chaired by CUBS Honorary Fellow Clark Eustace, with Clive Holtham as Vice-Chair, the report published in October 2000 presented new evidence on the influence of business intangibles on corporate performance and productivity, with an assessment of the implications for companies, financial markets, public institutions and regulators.

Publications

Hendry C, Selim, G., Holtham, C., Brown, J. Holden, J., Courtney, N. Oehlcke, F. (2008), 'Facilitating Innovation through The Measurement and Management of Intangibles' in H. Scaborough (ed.), The Evolution of Business Knowledge, Oxford University Press, p.319-338, ISBN 978-0-19-922960-4

Hendry C, Logan, J., Brown, J., Courtney, N. (2008), 'Unlocking the potential of the UK's hidden innovators', Microsoft; sponsored by: Microsoft UK