Research On The Synergic Mechanism Of Three Dimensions & Performance Evaluation Of Intellectual Capital

In the era of knowledge economy, the contribution of intellectual capital of organizations to the value creation is far more than that of physical capital and has become vital force to obtain competitive advantages and economic growth for all organizations. Accurately assessing the role of the intellectual capital in the value creation has theoretical and practical, important, strategic significance for the effective development and management of intellectual capital to improve organizational performance. However, due to the properties of intellectual capital, which are intangible and difficult to quantify, there are many objective and difficultly -operative problems in performance evaluation of intellectual capital,such as that: performance evaluation system of intellectual capital has not yet been established,the existing evaluation methods and indicators system is not perfect, and it is lack of studies about the relationships among the various dimensions of intellectual capital ,and between intellectual capital and organizational performance. These problems are still disturbing the intellectual capital of organizations in the way how to develop it effectively, how to utilize it rationally and how to manage it scientifically.These are not conducive to the formation of sustainable competitive advantages, and thereby affect the improvement of organizational performance.This dissertation, based on the research of synergetic relationships of three dimensions of intellectual capital, focusing on how to reveal the mechanism of intellectual capital to improve organizational performance and how to explore the techniques and methods about the performance evaluation of intellectual capital and so on, by transplantation and graft of multi-disciplinary knowledge and methods, such as that of economics, management science, operations research, mechanics ,philosophy , and by the integrated adoption to the documentary research method, interdisciplinary research method, survey research method, comparative analysis method , has systematically studied the following issues and achieved some creative research results:(1) Integrating a variety of points in theoretical fields, and systematically generalizing, comparing and defining the relative concepts of performance evaluation of intellectual capital,the dissertation has put forward some new way of expressions,such as three dimensions of intellectual capital ,three-dimensional synergy of intellectual capital, the overall performance of intellectual capital, three-dimensional static performance evaluation systems of intellectual capital , three-dimensional dynamic performance evaluation systems of intellectual capital ect..All these have greatly enriched the theory of intellectual capital and the theory of its performance evaluation. (2) The dissertation has studied the three-dimensional synergy of intellectual capital in synergetic theory and self-organization theory. The three-dimensional synergy is divided into two levels. Firstly, it is collaborative among the internal various elements of three dimensions of intellectual capital. Secondly, it is collaborative among three dimensions of intellectual capital. In this part, the three-dimensional elements of intellectual capital have been analysized, the interaction relationship, collaborative process, collaborative models, synergetic mechanism of three dimensions of intellectual capital have been revealed .And those are also analysized that the self-organized features, the evolution process of three dimensions of intellectual capital in self-organization theory, and here studies the performance improvement path based on three-dimensional synergy of intellectual capital, too.(3) Based on the competitive advantage theory , the performance of intellectual capital theory and the research about the performance improvement path of three-dimensional synergy of intellectual capital, the mechanism is revealed that how every dimension of intellectual capital lights the role on organizational performance.And it is also revealed the process that how intellectual capital after the three-dimensional synergy enhances organizational performance.(4) In the perspective of three-dimensional synergy of intellectual capital, this dissertation has researched the performance evaluation of intellectual capital, fostered the related concept to performance evaluation of intellectual capital based on the three-dimensional synergy, illustrated the principles and methods of the performance evaluation of intellectual capital based on three-dimensional synergy, and provided a new perspective for the performance evaluation of intellectual capital.(5) The dissertation has carried out a comprehensive research on the performance evaluation systems of intellectual capital: Firstly, in the perspective of compositions which are distinctive from the static and dynamic aspects; Secondly, in accordance with the contents which analysize the seven elements of performance evaluation systems of intellectual capital.(6) The methods of performance evaluation of intellectual capital are optimized and integrated by the two aspects of the financial performance evaluation and non-financial performance evaluation. The method of financial performance evaluation combines all kinds of current methods of the performance evaluation and brings forward the method of performance evaluation of intellectual capital that is based on EVA; the method of non-financial performance evaluation has established the model of the Balanced Score Card approach based on the view of performance prism.(7) Following the performance improvement path based on the three-dimensional synergy of intellectual capital and the Model of the Balanced Score Card Approach Based on the View of Performance Prism, the dissertation has drawn the strategy maps of performance evaluation of intellectual capital, and according to the strategy maps, constructed the performance evaluation index systems of three-dimensional intellectual capital and in the perspective of the performance improvement path based on the three-dimensional synergy of intellectual capital.(8) The method of DEA has been adopted in performance evaluation of intellectual capital. The method of DEA has not only great advantages in the performance evaluation of intellectual capital, but also the more important is that the principles and methods are supplied for performance evaluation of intellectual capital based on three-dimensional synergy.(9) The dissertation has researched on the relative problem of the performance evaluation of intellectual capital of the higher education institutions, for examples of the 64 universities of the Ministry of Education .Based on three-dimensional synergy of intellectual capital, this dissertation has studied the related issues on the performance evaluation of intellectual capital of universities. And directly adopting to the 64 universities of the Ministry of Education as decision-making units, in DEA methods, the performance of intellectual capital in science and technology of 64 universities in 2006 has been evaluated and analylized.In the perspective of three-dimensional synergy of intellectual capital, proposes about how to improve performance of the various universities are presented.All these provide new technical tools for performance evaluation of intellectual capital.