Building the intellectual capital of African enterprises in a knowledge economy: impediments and requirements

Author: Tongo, Constantine Imafidon

Source: International Journal of Learning and Intellectual Capital, Volume 5, Number 1, 21 June 2008 , pp. 33-47(15)

Publisher: Inderscience Publishers

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Abstract:

With knowledge constituting an additional factor of production in today's global economy, it has become imperative for modern organisations to expand their knowledge base by developing their intellectual capital. However, African enterprises lag behind in this regard. The reason is that Africa's management thinkers and practitioners are still saddled with the problem of how to manage the 'African social man' and not how to manage the 'African knowledgeable man'. Hence this paper seeks to analyse the main impediments to developing the intellectual capital of African enterprises. It asserts that the building of their intellectual capital is a prerequisite for their survival in a knowledge-based economy. Consequently, it draws attention to certain requirements that are to be considered by African enterprises in order for them to ride on the wheels of progress in the current global knowledge economy.

Keywords: EDUCATION AND LEARNING JOURNALS; Learning and Human Resources Development; MANAGEMENT JOURNALS; Policy and Organisational Management

Document Type: Research article

DOI: http://dx.doi.org/10.1504/IJLIC.2008.018881

Affiliations: 1: Department of Business Studies, College of Business and Social Sciences, Covenant University, Sango-Ota, Ogun State, Nigeria

Publication date: 2008-06-21

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