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Related Experiment Videos

Reaping benefits from intellectual capital.

Marla J Weston1, Nicolette A Estrada, Jane Carrington

  • 1Weston Healthcare Consulting, AZ 85018, USA. marlaweston@cox.net

Nursing Administration Quarterly
|January 2, 2007
PubMed
Summary

Organizations can leverage intellectual capital by fostering a culture of learning and sharing. Implementing infrastructure for best practices boosts productivity, financial performance, and patient outcomes.

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Area of Science:

  • Organizational behavior
  • Knowledge management
  • Human resource development

Background:

  • Organizational value is increasingly derived from intellectual capital.
  • Acquiring talent and investing in learning are crucial but insufficient.
  • Translating employee wisdom into sustained organizational actions is key.

Purpose of the Study:

  • To explore the mechanisms for effectively utilizing intellectual capital.
  • To identify cultural and infrastructural factors that enhance organizational value.
  • To link intellectual capital management to tangible organizational outcomes.

Main Methods:

  • Qualitative analysis of organizational practices related to knowledge sharing and innovation.
  • Conceptual framework development linking culture, infrastructure, and outcomes.

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  • Literature review on intellectual capital, organizational learning, and performance.

    • Main Results:

    • A supportive culture (commitment, learning, sharing, decision involvement) is essential.
    • Infrastructure (social networks, evidence-based practice, IT) enables practice embedding.
    • These factors correlate with increased productivity, financial performance, patient outcomes, and satisfaction.

    Conclusions:

    • Effective intellectual capital management requires both a conducive culture and supportive infrastructure.
    • Translating tacit knowledge into explicit, actionable practices drives organizational success.
    • Investing in knowledge management systems and fostering a learning culture yields significant returns.