Reshaping business and the world by leveraging knowledge intangibles
Hi Gerald,
I believe that the theme of the relationship between IC and Education is really interesting and must have deepened the project "Austrian University Law 2002. Intellectual Capital Reporting for autonomous Academic Institutions" that I have presented in my book "Il valore del Capitale Intellettuale" and I signal you a brief abstract. With best regards. Andrea
Austrian University Law 2002 – Intellectual Capital Reporting for autonomous Academic Institutions
With January 1st 2004 the University Organisation and Studies Act (Universities Act 2002) came into force for all Austrian universities. Under this new law the universities are granted full autonomy towards the Federal Ministry of Education, Science an Culture. Also the public budgets are put on a novel, more performance-oriented basis. The new relationship between the representative of the ‘owner’ (the Federal Ministry) and the new organisational demands within each university call for new governance, monitoring and reporting instruments. As a specific report and monitoring instrument Intellectual Capital Reports are established for external communication of the universities resources, key-processes and results in a standardised way. Austria world-wide is the first country where IC-reports are established by law in a whole branch of the public sector (the universities).
In article 13 of the Austrian Universities Act 2002 the basic tasks and the framework of the Intellectual Capital Report are defined:
“(…) (6) Each university shall submit an intellectual capital report for the past calendar year to the Minister, by way of the university council, by 30 April of each year. This shall, as a minimum, present in itemised form:
1. the university’s activities, social goals and self-imposed objectives and strategies;
2. its intellectual capital, broken down into human, structural and relationship capital;
3. the processes set out in the performance agreement, including their outputs and impacts.
The Minister shall, by order, issue regulations for the structure and design of intellectual capital reports. (…)”
For the list of standardised obligatory indicators as well as details regarding the Intellectual Capital Report model and the standardised elements of the structure of the report the law refers to an order of the Federal Ministry. Since summer 2004 this order is elaborated by the Federal Ministry in cooperation with experts and the Austrian Rector’s Conference.
At the time being the generic standardised model for Austrian universities will look like in graph below.
The list of indicators consists of a standardised set of ‘obligatory indicators’ for all Austrian Universities (between 40 to 50 indicators). Each university also has the opportunity to select so called ‘optional indicators’ to describe the individual profile in external communication to the stakeholders.
Permalink Reply by Galen McPherson on February 28, 2010 at 2:00pm 1-Visit early and often
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