Intellectual Capital Reporting and Measurements: A Review of Literature on Indian IT Industry with World Wide

Today knowledge and intellectual capital play a principal role in the approach of corporate performance. This importance is reflected in the fact that companies without the force of any regulations start to measure their knowledge and intellectual capital. Even governments are beginning to measure the intellectual capital of cities, regions, and countries. Companies and investors alike are trying to measure their intellectual capital and the value of knowledge. There is increasing evidence that the drivers of value creation in modern competitive environments lie in a firm’s intellectual capital rather than its physical and financial capital.