What is MAGIC? Description
MAGIC (Measuring and Accounting Intellectual Capital) is a European research
and development project partly funded by the European Commission. The goal
of the project was to develop a methodology and measurement system for Intellectual
Capital.
These results of the project include: a practical methodology to measure intellectual
capital, and a software system to support the implementation of a measurement
system for intangible assets.
Some 40 European companies including Siemens AG and Volkswagen from Germany
and Sonera from Finland have participated in the project's Business Interest
Group to test and give feedback on the methodology and software technology.
Four categories of Intellectual Capital:
- Human Capital. Comprises all the skills, expertise and competencies
of the company to react on market demands and customer needs including leadership
and management issues and capabilities.
- Organizational Capital. Comprises the capabilities of a company,
its infrastructure and organizational processes to create products and services
for the market.
- Market Capital. Represents the capabilities of a company to interact
with the external interface like the customer, partners, and suppliers and
other stakeholders.
- Innovation Capital. Refers to a company's ability to innovate
, improve and develop unutilized potential as well as generate long-term
wealth.
MAGIC Special Interest Group
 Visit the Special Interest Group
Recent User Comments
|
- Belgium
|
MAGIC |
"Hello,
I'm a student from the university in Brussels and I'm working on a paper on intellectual capital.
I find the MAGIC project very interesting but I can't find any information on this project...
Is there somebody who has the results of this project?
I also need to know who typed the description of this project on 12manage because I'm gonna use part of it in my paper. Also a date of the publication on the site is needed to refer correctly.
Sincerely
Bram" |
 |
|
-6 |
|
 |
 Comment on this Page
MAGIC Education & Events
Compare with: Organizational
Learning | IC Rating
| Balanced Scorecard
| Intangible Assets Monitor |
Organizational Memory
| Knowledge Management
(Collison & Parcell)
Return to Management Hub: Knowledge & Intangibles
More Management Methods, Models and Theory
|
|
12manage for:
|
