Title: Measuring organization capital
Description: "In the manufacturing sector of the U.S.  economy, nearly 9% of output is not accounted for as payments to either physical capital or labor.  The value of this output is a little larger than the value of the stock of physical capital.  We build a model to measure how much of this output can be attributed to payments to organization capital-organization-specific knowledge that is built up with experience.  We find that roughly 4% of output can be accounted for as payments to organization capital and that this capital has roughly two-thirds the value of the stock of physical capital"--National Bureau of Economic Research web site.
Subjects: Econometric models, Intellectual capital