Intellectual Capital Statement (ICS) – A Case Study from a Hungarian non-profit Joint Venture


  • Florian Kidschun Fraunhofer IPK
  • Fabian Hecklau



An Intellectual Capital Statement (ICS) is a strategic management instrument for assessing and developing the Intellectual Capital (IC) of an organization. The ICS shows how IC is linked to corporate goals, business processes and the business success of an organization using indicators to measure these elements. By identifying the causal relationships between the different types of capital, improvement potentials are discovered, which can then be used profitably for the strategic and operational development of the organization. Therewith, the ICS is an essential tool for preserving the competitive edge and keeping business successful in the knowledge-based economy. The workshop-based approach to creating an ICS helps participants to gain new insights into how their own organization operates. It also provides concrete results in the form of prioritized recommendations for action to foster their organization’s sustainable development and consistent reporting. Against this background, a case study to outline selected essential steps of the ICS creation for an applied research a non-profit joint venture for computer science and control in Budapest is presented.