Intellectual Capital Measurements and National Strategy Development: Explaining the Gap

The main purpose of the paper is to identify challenges that occur developing strategies based on national intellectual capital (NIC) measurements. As it can be observed from IC literature, even though there are different methods to measure NIC, they are not commonly used among policy makers as a tool for strategic management decisions to raise competiveness of nation. This paper compares different approaches to measure NIC, reveals related problems and provides possible explanations accordingly. The findings of the paper show that there is a big gap between academic research and policy makers. Four major directions of explanations to bridge this gap are highlighted in the paper: (1) poor awareness of IC concept among policy makers, (2) methodology related issues, (3) changing leadership profile and (4) collaboration related issues. The insights to possible solutions are also presented. They reveal the need to research different countries regarding their NIC policy.