valuing intellectual capital آشنایی با مفاهیم سرمایه فکری

1. ‫ﮔﺮﺩﺁﻭﺭﻧﺪﻩ‬:‫ﺩﻛﺘﺮ‬‫ﻧﺴﻴﻢ‬‫ﻫﺎ‬ ‫ﺣﻜﻴﻤﻲ‬-‫ﻛﺎﺭﺷﻨﺎﺱ‬‫ﺭﺳﻤﻲ‬،‫ﺩﺍﺩﮔﺴﺘﺮﻱ‬‫ﺩﺍﺭﻭﺳﺎﺯﻱ‬ ‫ﺭﺷﺘﻪ‬
Prepared by: Nasim Hakimiha
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2. ‫ﮔﻴﺮﺩ‬ ‫ﻣﻲ‬ ‫ﺍﻧﺠﺎﻡ‬ ‫ﺣﺴﺎﺑﺪﺍﺭﻱ‬ ‫ﻣﺤﺘﺮﻡ‬ ‫ﻛﺎﺭﺷﻨﺎﺳﺎﻥ‬ ‫ﺗﻮﺳﻂ‬ ‫ﺻﻨﺎﻳﻊ‬ ‫ﻭ‬ ‫ﻫﺎ‬ ‫ﺑﻨﮕﺎﻩ‬ ‫ﺩﺭ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﮔﺬﺍﺭﻱ‬ ‫ﺍﺭﺯﺵ‬.‫ﺍﻳﺪﻩ‬ ‫ﻭﺍﻗﻊ‬ ‫ﺩﺭ‬
‫ﺗﺨﺼﺼﻲ‬ ‫ﻧﻴﺮﻭﻱ‬ ‫ﺍﺯ‬ ‫ﺍﺳﺘﻔﺎﺩﻩ‬ ‫ﻟﺰﻭﻡ‬ ‫ﻭ‬ ‫ﺣﻮﺯﻩ‬ ‫ﺍﻳﻦ‬ ‫ﺩﺭ‬ ‫ﺍﻃﻼﻋﺎﺕ‬ ‫ﺍﻓﺰﺍﻳﺶ‬ ‫ﻣﻄﺎﻟﻌﻪ‬ ‫ﺍﻳﻦ‬ ‫ﺍﺻﻠﻲ‬‫ﺩﺍﺭﻭﺳﺎﺯﻱ‬ ‫ﻛﺎﺭﺷﻨﺎﺱ‬ ‫ﻭ‬‫ﺑﺮﺍﻱ‬
‫ﺑﻮﺩ‬ ‫ﺩﺍﺭﻭﺳﺎﺯﻱ‬ ‫ﺷﺮﻛﺘﻬﺎﻱ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﮔﺬﺍﺭﻱ‬ ‫ﺍﺭﺯﺵ‬ ‫ﻣﺤﺎﺳﺒﻪ‬.‫ﻭ‬ ‫ﻋﺒﺎﺭﺍﺕ‬ ‫ﻣﻔﻬﻮﻡ‬ ‫ﻣﻌﺮﻓﻲ‬ ‫ﺑﻪ‬ ‫ﺑﻴﺸﺘﺮ‬ ‫ﻣﻘﺎﻟﻪ‬ ‫ﺍﻳﻦ‬ ‫ﺩﺭ‬
‫ﻧﺎ‬ ‫ﺩﺍﺭﺍﻳﻴﻬﺎﻱ‬ ‫ﺍﺻﻼﺣﺎﺕ‬‫ﻣ‬‫ﭘﺮﺩﺍﺧﺘﻪ‬ ‫ﻠﻤﻮﺱ‬‫ﺷﺪﻩ‬‫ﻛﻨﺪ‬ ‫ﻓﺮﺍﻫﻢ‬ ‫ﻋﻼﻗﻤﻨﺪﺍﻥ‬ ‫ﺑﻴﺸﺘﺮ‬ ‫ﻣﻄﺎﻟﻌﻪ‬ ‫ﺑﺮﺍﻱ‬ ‫ﺭﺍ‬ ‫ﺯﻣﻴﻨﻪ‬ ‫ﺗﺎ‬
‫ﻣﻮﺳﺴﺎﺕ‬ ‫ﻭ‬ ‫ﺷﺮﻛﺘﻬﺎ‬ ‫ﺗﻤﺎﻣﻲ‬‫ﺑﺎﺷﻨﺪ‬ ‫ﻣﻲ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻧﻮﻉ‬ ‫ﺩﻭ‬ ‫ﻭﺍﺟﺪ‬:‫ﻧﺎﻣﻠﻤﻮﺱ‬ ‫ﻳﺎ‬ ‫ﺯﻣﻴﻦ‬ ‫ﻭ‬ ‫ﻣﻜﺎﻥ‬ ‫ﺻﻨﺪﻟﻲ‬ ‫ﻭ‬ ‫ﻣﻴﺰ‬ ‫ﻣﺎﻧﻨﺪ‬ ‫ﻣﻠﻤﻮﺱ‬
‫ﻭ‬ ‫ﺭﺍﻳﺖ‬ ‫ﻛﭙﻲ‬ ،‫ﺍﺧﺘﺮﺍﻋﺎﺕ‬ ‫ﻣﺎﻧﻨﺪ‬...
‫ﺳﺮﻣﺎﻳﻪ‬‫ﻧﺎﻣﺤﺴﻮﺱ‬ ‫ﻫﺎﻱ‬Intangible Assets
‫ﻛﻨﻨﺪ‬ ‫ﻣﻲ‬ ‫ﺑﻨﺪﻱ‬ ‫ﻃﺒﻘﻪ‬ ‫ﺭﺍ‬ ‫ﻧﺎﻣﺤﺴﻮﺱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻧﻮﻉ‬ ‫ﺩﻭ‬ ‫ﻣﻌﻤﻮﻻ‬:
Identifiable intangible‫ﺷﻨﺎﺳﺎﻳﻲ‬ ‫ﻗﺎﺑﻞ‬ ‫ﺳﺮﻣﺎﻳﻪ‬
Unidentifiable intangible‫ﺷﻨﺎﺳﺎﻳﻲ‬ ‫ﻗﺎﺑﻞ‬ ‫ﻏﻴﺮ‬ ‫ﺳﺮﻣﺎﻳﻪ‬
‫ﻭ‬ ‫ﻓﻜﺮﻱ‬ ‫ﻧﺸﺎﻧﻬﺎﻱ‬ ، ‫ﺛﺒﺖ‬ ‫ﺣﻖ‬ ،‫ﺍﺧﺘﺮﺍﻋﺎﺕ‬ ‫ﺣﻖ‬ ، ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺷﺎﻣﻞ‬ ‫ﺷﻨﺎﺳﺎﻳﻲ‬ ‫ﻗﺎﺑﻞ‬ ‫ﻫﺎﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬...‫ﺑﺎﺷﻨﺪ‬ ‫ﻣﻲ‬
‫ﺷﻨﺎﺳﺎﻳﻲ‬ ‫ﻏﻴﺮﻗﺎﺑﻞ‬ ‫ﻫﺎﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬:‫ﻳﺎ‬ ‫ﺳﺮﻗﻔﻠﻲ‬ ‫ﺁﻧﻬﺎ‬ ‫ﻣﻬﻤﺘﺮﻳﻦ‬ ‫ﺍﺯ‬Good Will‫ﺑﺎﺷﺪ‬ ‫ﻣﻲ‬
Prepared by: Nasim Hakimiha
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3. Prepared by: Nasim Hakimiha
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4. ‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬Intellectual capital
‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬‫ﻛﻠﻴﻪ‬‫ﺩﺍﺭﺍﻳﻲ‬‫ﻫﺎﻱ‬‫ﻧﺎﻣﺸﻬﻮﺩ‬‫ﻳﻚ‬‫ﺷﺮﻛﺖ‬‫ﻣﻲ‬‫ﺑﺎﺷﺪ‬‫ﻛﻪ‬‫ﺍﺯ‬‫ﺗﻔﺎﻭﺕ‬‫ﺍﺭﺯﺵ‬‫ﺑﺎﺯﺍﺭ‬‫ﻭ‬‫ﺍﺭﺯﺵ‬‫ﺩﻓﺘﺮﻱ‬‫ﺷﺮﻛﺖ‬‫ﺧﻮﺩ‬
‫ﺭﺍ‬‫ﻧﺸﺎﻥ‬‫ﺩﺍﺩﻩ‬‫ﻭ‬‫ﻣﺒﺘﻨﻲ‬‫ﺑﺮ‬‫ﺩﺍﻧﺶ‬‫ﺑﻮﺩﻩ‬‫ﻭ‬‫ﺗﺤﺖ‬‫ﺗﻤﻠﻚ‬‫ﺷﺮﻛﺖ‬‫ﺍﺳﺖ‬‫ﻭ‬‫ﺩﺭ‬‫ﺗﺮﺍﺯﻧﺎﻣﻪ‬‫ﺳﻨﺘﻲ‬‫ﺑﻪ‬‫ﻋﻨﻮﺍﻥ‬‫ﻳﻚ‬‫ﺩﺍﺭﺍﻳﻲ‬‫ﺍﺭﺍﺋﻪ‬
‫ﻧﻤﻲ‬‫ﺷﻮﺩ‬‫ﺍﻣﺎ‬‫ﺑﺎﻋﺚ‬‫ﺧﻠﻖ‬‫ﺍﺭﺯﺵ‬‫ﺩﺭ‬‫ﺳﺎﺯﻣﺎﻥ‬‫ﻣﻲ‬‫ﺷﻮﺩ‬.
‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬‫ﺍﻱ‬‫ﻣﺠﻤﻮﻋﻪ‬‫ﺍﺯ‬،‫ﺩﺍﻧﺶ‬،‫ﺍﻃﻼﻋﺎﺕ‬‫ﺩﺍﺭﺍﻳﻴﻬﺎﻱ‬،‫ﻓﻜﺮﻱ‬،‫ﺗﺠﺮﺑﻪ‬‫ﺭﻗﺎﺑﺖ‬‫ﻭ‬‫ﻳﺎﺩﮔﻴﺮﻱ‬‫ﺳﺎﺯﻣﺎﻧﻲ‬‫ﺍﺳﺖ‬‫ﻛﻪ‬‫ﺗﻮﺍﻧﺪ‬‫ﻣﻲ‬
‫ﺑﺮﺍﻱ‬‫ﺍﻳﺠﺎﺩ‬‫ﺛﺮﻭﺕ‬‫ﺑﻪ‬‫ﻛﺎﺭ‬‫ﮔﺮﻓﺘﻪ‬‫ﺷﻮﺩ‬.‫ﺩﺭ‬‫ﻭﺍﻗﻊ‬‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬‫ﺗﻤﺎﻣﻲ‬،‫ﻛﺎﺭﻛﻨﺎﻥ‬‫ﺩﺍﻧﺶ‬‫ﺳﺎﺯﻣﺎﻧﻲ‬‫ﻭ‬‫ﺗﻮﺍﻧﺎﻳﻴﻬﺎﻱ‬‫ﺁﻥ‬‫ﺭﺍ‬‫ﺑﺮﺍﻱ‬
‫ﺍﻳﺠﺎﺩ‬‫ﺍﺭﺯﺵ‬‫ﺍﻓﺰﻭﺩﻩ‬‫ﺩﺭ‬‫ﺑﺮ‬‫ﮔﻴﺮﺩ‬‫ﻣﻲ‬‫ﻭ‬‫ﺑﺎﻋﺚ‬‫ﻣﻨﺎﻓﻊ‬‫ﺭﻗﺎﺑﺘﻲ‬‫ﻣﺴﺘﻤﺮ‬‫ﺷﻮﺩ‬‫ﻣﻲ‬.)‫ﺍﺳﺘﻮﺍﺭﺕ‬1997(
‫ﻣﺜﺎﻟﻬﺎﻳﻲ‬‫ﺑﺮﺍﻱ‬‫ﺩﺍﺭﺍﻳﻲ‬‫ﻫﺎﻱ‬‫ﻧﺎ‬‫ﻣﺸﻬﻮﺩ‬‫ﻣﻄﺮﺡ‬‫ﮔﺮﺩﻳﺪﻩ‬‫ﻛﻪ‬‫ﻋﺒﺎﺭﺗﻨﺪ‬‫ﺍﺯ‬:
‫ﺳﻄﺢ‬،‫ﺗﺤﺼﻴﻼﺕ‬‫ﻣﻬﺎﺭﺕ‬‫ﻫﺎ‬‫ﻭ‬‫ﺗﺠﺎﺭﺏ‬‫ﻛﺎﺭﻛﻨﺎﻥ‬،‫ﻧﺮﻡ‬‫ﺍﻓﺰﺍﺭ‬،‫ﻛﺎﻣﭙﻴﻮﺗﺮ‬‫ﭘﺎﻳﮕﺎﻩ‬‫ﺩﺍﺩﻩ‬،‫ﻫﺎ‬‫ﻛﭙﻲ‬‫ﺭﺍﻳﺖ‬‫ﻫﺎ‬‫ﻭ‬‫ﻋﻼﺋﻢ‬‫ﺗﺠﺎﺭﻱ‬
‫ﻣﺘﻌﻠﻖ‬‫ﺑﻪ‬،‫ﺳﺎﺯﻣﺎﻥ‬‫ﺗﻜﻨﻴﻚ‬‫ﻫﺎﻱ‬‫ﺑﺎﺯﺍﺭﻳﺎﺑﻲ‬‫ﺑﻜﺎﺭ‬‫ﮔﺮﻓﺘﻪ‬‫ﺷﺪﻩ‬‫ﻭ‬‫ﺳﻴﺴﺘﻢ‬‫ﻫﺎﻱ‬‫ﻣﺪﻳﺮﻳﺖ‬‫ﻛﻴﻔﻴﺖ‬‫ﻭ‬‫ﻫﻤﭽﻨﻴﻦ‬‫ﻣﺪﺍﺧﻠﻪ‬‫ﻣﺴﺘﻘﻴﻢ‬‫ﺩﺭ‬
‫ﺷﺒﻜﻪ‬‫ﻫﺎﻱ‬،‫ﻣﺸﺎﺭﻛﺘﻲ‬،‫ﺑﺮﻧﺪﻫﺎ‬‫ﻣﻮﺍﻓﻘﺖ‬‫ﻧﺎﻣﻪ‬‫ﻫﺎ‬‫ﺑﺎ‬‫ﺗﺎﻣﻴﻦ‬‫ﻛﻨﻨﺪﮔﺎﻥ‬‫ﻭ‬‫ﻏﻴﺮﻩ‬.
Prepared by: Nasim Hakimiha
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5. ‫ﻓﻜﺮﻱ‬ ‫ﻋﻨﺎﺻﺮﺳﺮﻣﺎﻳﻪ‬
‫ﺳﺮﻣﺎﻳﻪ‬
‫ﺍﻧﺴﺎﻧﻲ‬
‫ﺳﺮﻣﺎﻳﻪ‬
‫ﺳﺎﺧﺘﺎﺭﻱ‬
‫ﺳﺮﻣﺎﻳﻪ‬
‫ﺍﻱ‬ ‫ﺭﺍﺑﻄﻪ‬
Prepared by: Nasim Hakimiha
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6. ‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﺮﺩﻱ‬ ‫ﺷﺎﻳﺴﺘﮕﻲ‬ ‫ﺣﻮﺯﻩ‬ ‫ﺩﺭ‬ ‫ﺍﻧﺴﺎﻧﻲ‬(Human Capital)
‫ﺍﻳﺠﺎﺩ‬ ‫ﺳﺒﺐ‬ ‫ﻛﻪ‬ ‫ﺍﺳﺖ‬ ‫ﺳﺎﺯﻣﺎﻧﻲ‬ ‫ﺍﻓﺮﺍﺩ‬ ‫ﻓﺮﻫﻨﮕﻲ‬ ‫ﻭ‬ ‫ﻣﻬﺎﺭﺗﻲ‬ ‫ﺗﺤﺼﻴﻠﻲ‬ ‫ﻛﻴﻔﻲ‬ ‫ﻫﺎﻱ‬ ‫ﻭﻳﮋﮔﻲ‬ ‫ﺍﺯ‬ ‫ﺍﻱ‬‫ﻣﺠﻤﻮﻋﻪ‬‫ﺍﺭﺯﺵ‬
‫ﮔﺮﺩﺩ‬ ‫ﺳﺎﺯﻣﺎﻥ‬ ‫ﺑﺮﺍﻱ‬ ‫ﺍﻓﺰﻭﺩﻩ‬.‫ﺑﺎﺷﻨﺪ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻣﻨﺎﺑﻊ‬ ‫ﻓﻜﺮ‬ ‫ﻭ‬ ‫ﺭﻭﺡ‬ ‫ﻣﻨﺰﻟﻪ‬ ‫ﺑﻪ‬ ‫ﺗﻮﺍﻧﻨﺪ‬‫ﻣﻲ‬ ‫ﻛﻪ‬.
)‫ﻗﻮﺍﻧﻴﻦ‬ ‫ﺩﻭﻡ‬ ‫ﻓﺼﻞ‬PIC/S‫ﺑﻪ‬ ‫ﺩﺍﺭﻭﺳﺎﺯﻱ‬ ‫ﺻﻨﺎﻳﻊ‬ ‫ﺩﺭ‬ ‫ﺭﺍ‬ ‫ﭘﻴﻮﺳﺘﻪ‬ ‫ﻭ‬ ‫ﺻﺤﻴﺢ‬ ‫ﺁﻣﻮﺯﺷﻬﺎﻱ‬ ‫ﻟﺰﻭﻡ‬ ‫ﻭ‬ ‫ﺩﺍﺷﺘﻪ‬ ‫ﭘﺮﺳﻨﻞ‬ ‫ﺑﻪ‬ ‫ﺍﺧﺘﺼﺎﺹ‬
‫ﺗﻮﻟﻴﺪ‬ ‫ﺑﻬﻴﻨﻪ‬ ‫ﺍﺻﻮﻝ‬ ‫ﺍﺭﻛﺎﻥ‬ ‫ﺍﺯ‬ ‫ﻳﻜﻲ‬ ‫ﻋﻨﻮﺍﻥ‬)GMP(‫ﺩﺍﻧﺪ‬ ‫ﻣﻲ‬(
PIC/S: Pharmaceutical Inspection Convention and - Pharmaceutical Inspection Co-operation Scheme
‫ﺩﺍﺭﻭﻳﻲ‬ ‫ﺑﺎﺯﺭﺳﻲ‬ ‫ﻫﺎﻱ‬ ‫ﻫﻤﻜﺎﺭﻱ‬ ‫ﻃﺮﺡ‬ ‫ﺩﻓﺘﺮ‬
GMP: Good Manufacturing Practice -‫ﺗﻮﻟﻴﺪ‬ ‫ﺑﻬﻴﻨﻪ‬ ‫ﺭﻭﺷﻬﺎﻱ‬
Prepared by: Nasim Hakimiha
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7. ‫ﺳﺎﺧﺘﺎﺭﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬‫ﺩﺍﺧﻠﻲ‬ ‫ﺳﺎﺧﺘﺎﺭ‬ ‫ﺣﻮﺯﻩ‬ ‫ﺩﺭ‬(Structural Capital)
‫ﺍﺳﺖ‬ ‫ﺳﺎﺯﻣﺎﻥ‬ ‫ﺩﺭ‬ ‫ﻣﻮﺟﻮﺩ‬ ‫ﺩﺍﻧﺶ‬.‫ﺩﺍﺭﺩ‬ ‫ﺗﻌﻠﻖ‬ ‫ﺷﺮﻛﺖ‬ ‫ﻛﻞ‬ ‫ﺑﻪ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺍﻳﻦ‬.‫ﺩﻳﮕﺮﺍﻥ‬ ‫ﺑﺎ‬ ‫ﻭ‬ ‫ﻛﺮﺩ‬ ‫ﺑﺎﺯﺁﻓﺮﻳﻨﻲ‬ ‫ﺭﺍ‬ ‫ﺁﻥ‬ ‫ﺗﻮﺍﻥ‬ ‫ﻣﻲ‬
‫ﻛﺮﺩ‬ ‫ﻣﺒﺎﺩﻟﻪ‬.‫ﺍﺟﺮﺍﻳﻲ‬ ‫ﻫﺎﻱ‬‫ﺩﺳﺘﻮﺭﺍﻟﻌﻤﻞ‬ ،‫ﺳﺎﺯﻣﺎﻧﻲ‬ ‫ﻧﻤﻮﺩﺍﺭﻫﺎﻱ‬ ،‫ﺩﺍﺩﻩ‬ ‫ﭘﺎﻳﮕﺎﻫﻬﺎﻱ‬ ‫ﺑﺮﮔﻴﺮﻧﺪﻩ‬ ‫ﺩﺭ‬ ‫ﻛﻪ‬(SOPs)
‫ﻓﺮﺍﻳﻨﺪﻫﺎ‬(Procedures)‫ﻫﺎ‬‫ﺍﺳﺘﺮﺍﺗﮋﻱ‬ ،( Quality manual, Quality Policy)‫ﺑﻪ‬ ‫ﻭ‬ ‫ﺍﺟﺮﺍﻳﻲ‬ ‫ﻫﺎﻱ‬‫ﺑﺮﻧﺎﻣﻪ‬ ،
‫ﺍﺳﺖ‬ ‫ﺑﺎﺷﺪ‬ ‫ﺍﺵ‬‫ﻣﺎﺩﻱ‬ ‫ﺍﺭﺯﺵ‬ ‫ﺍﺯ‬ ‫ﺑﺎﻻﺗﺮ‬ ‫ﺳﺎﺯﻣﺎﻥ‬ ‫ﺑﺮﺍﻱ‬ ‫ﺁﻥ‬ ‫ﺍﺭﺯﺵ‬ ‫ﻛﻪ‬ ‫ﺁﻧﭽﻪ‬ ‫ﻫﺮ‬ ‫ﻛﻠﻲ‬ ‫ﻃﻮﺭ‬‫ﺩﺍﺭﻭﺳﺎﺯﻱ‬ ‫ﺻﻨﺎﻳﻊ‬ ‫ﺩﺭ‬ ‫ﻛﻪ‬
‫ﺷﺪﻩ‬ ‫ﺍﺧﺬ‬ ‫ﻫﺎﻱ‬ ‫ﭘﺮﻭﺍﻧﻪ‬ ‫ﺗﻌﺪﺍﺩ‬ ‫ﺑﻪ‬ ‫ﻣﻴﺘﻮﺍﻥ‬(Product License)‫ﻫﺎ‬ ‫ﭘﺘﻨﺖ‬(Patent) ,‫ﺍﺧﺘﺮﺍﻉ‬ ‫ﺛﺒﺖ‬ ‫ﺣﻘﻮﻕ‬
)‫ﻗﻮﺍﻧﻴﻦ‬ ‫ﭼﻬﺎﺭﻡ‬ ‫ﻓﺼﻞ‬PIC/S‫ﺍﺯ‬ ‫ﻳﻜﻲ‬ ‫ﻋﻨﻮﺍﻥ‬ ‫ﺑﻪ‬ ‫ﺩﺍﺭﻭﺳﺎﺯﻱ‬ ‫ﺩﺭﺻﻨﺎﻳﻊ‬ ‫ﻻﺯﻡ‬ ‫ﻣﺴﺘﻨﺪﺍﺕ‬ ‫ﺗﺸﺮﻳﺢ‬ ‫ﺑﻪ‬ ‫ﻭ‬ ‫ﺩﺍﺷﺘﻪ‬ ‫ﻣﺴﺘﻨﺪﺍﺕ‬ ‫ﺑﻪ‬ ‫ﺍﺧﺘﺼﺎﺹ‬
‫ﺗﻮﻟﻴﺪ‬ ‫ﺑﻬﻴﻨﻪ‬ ‫ﺍﺻﻮﻝ‬ ‫ﺍﺭﻛﺎﻥ‬)GMP(‫ﺩﺍﻧﺪ‬ ‫ﻣﻲ‬(
Prepared by: Nasim Hakimiha
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8. ‫ﺧﺎﺭﺟﻲ‬ ‫ﺳﺎﺧﺘﺎﺭ‬ ‫ﺣﻮﺯﻩ‬ ‫ﺩﺭ‬ ‫ﺍﻱ‬‫ﺭﺍﺑﻄﻪ‬ ‫ﺳﺮﻣﺎﻳﻪ‬(Relational Capital)
‫ﺩﺍﺭﺩ‬ ‫ﻭﺟﻮﺩ‬ ‫ﺩﻳﮕﺮﻱ‬ ‫ﺳﺎﺯﻣﺎﻥ‬ ‫ﻳﺎ‬ ‫ﻓﺮﺩ‬ ‫ﻫﺮ‬ ‫ﺑﺎ‬ ‫ﺳﺎﺯﻣﺎﻥ‬ ‫ﺑﻴﻦ‬ ‫ﻛﻪ‬ ‫ﺍﺳﺖ‬ ‫ﺭﻭﺍﺑﻄﻲ‬ ‫ﻫﻤﻪ‬ ‫ﺷﺎﻣﻞ‬.‫ﻭ‬ ‫ﺍﻓﺮﺍﺩ‬ ‫ﺍﻳﻦ‬
‫ﻧﻤﺎﻳﻨﺪﮔﺎﻥ‬ ،‫ﺍﻟﻤﻠﻠﻲ‬ ‫ﺑﻴﻦ‬ ‫ﻭ‬ ‫ﺩﺍﺧﻠﻲ‬ ‫ﻛﻨﻨﺪﮔﺎﻥ‬ ‫ﺗﺄﻣﻴﻦ‬ ،‫ﻛﺎﺭﻛﻨﺎﻥ‬ ،‫ﻫﺎ‬‫ﻭﺍﺳﻄﻪ‬ ،‫ﻣﺸﺘﺮﻳﺎﻥ‬ ‫ﺷﺎﻣﻞ‬ ‫ﺗﻮﺍﻧﻨﺪ‬‫ﻣﻲ‬ ‫ﺳﺎﺯﻣﺎﻧﻬﺎ‬
‫ﻭ‬ ‫ﮔﺬﺍﺭﺍﻥ‬‫ﺳﺮﻣﺎﻳﻪ‬ ،‫ﺍﻋﺘﺒﺎﺭﺩﻫﻨﺪﮔﺎﻥ‬ ،‫ﺟﻮﺍﻣﻊ‬ ،‫ﻗﺎﻧﻮﻧﻲ‬ ‫ﻣﻘﺎﻣﺎﺕ‬ ،‫ﺍﻟﻤﻠﻠﻲ‬ ‫ﺑﻴﻦ‬ ‫ﻭ‬ ‫ﺩﺍﺧﻠﻲ‬....‫ﺑﺎﺷﻨﺪ‬.‫ﺳﺮﻣﺎﻳﻪ‬
‫ﺗﻌﻴﻴﻦ‬ ‫ﻋﺎﻣﻞ‬ ‫ﻳﻚ‬ ‫ﻭ‬ ‫ﺷﻮﺩ‬ ‫ﻣﻲ‬ ‫ﺗﻠﻘﻲ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻋﻤﻠﻴﺎﺕ‬ ‫ﺩﻫﻨﺪﻩ‬ ‫ﺳﺎﺯﻣﺎﻥ‬ ‫ﻭ‬ ‫ﭘﻞ‬ ‫ﻳﻚ‬ ‫ﻋﻨﻮﺍﻥ‬ ‫ﺑﻪ‬ ‫ﻣﺸﺘﺮﻱ‬
‫ﺍﺳﺖ‬ ‫ﺑﺎﺯﺍﺭ‬ ‫ﺍﺭﺯﺵ‬ ‫ﺑﻪ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺗﺒﺪﻳﻞ‬ ‫ﺩﺭ‬ ‫ﻛﻨﻨﺪﻩ‬.‫ﺷﺮﻛﺘﻬﺎﻱ‬ ‫ﺩﺭ‬ ‫ﺭﻭﺍﺑﻂ‬ ‫ﺍﻳﻦ‬ ‫ﺍﺯ‬ ‫ﻫﺎﻳﻲ‬ ‫ﻧﻤﻮﻧﻪ‬
‫ﺍﺯ‬ ‫ﻋﺒﺎﺭﺗﻨﺪ‬ ‫ﺩﺍﺭﻭﺳﺎﺯﻱ‬:‫ﻣﻲ‬ ‫ﺗﻮﻟﻴﺪ‬ ‫ﻗﺮﺍﺭﺩﺍﺩ‬ ‫ﻃﺮﻑ‬ ‫ﺷﺮﻛﺘﻬﺎﻱ‬ ، ‫ﺟﺎﻧﺒﻲ‬ ‫ﻣﺤﺼﻮﻻﺕ‬ ، ‫ﺍﻭﻟﻴﻪ‬ ‫ﻣﻮﺍﺩ‬ ‫ﻧﻤﺎﻳﻨﺪﮔﺎﻥ‬
‫ﺑﺎﺷﻨﺪ‬.
‫ﻭ‬ ‫ﺍﺳﺖ‬ ‫ﺍﻧﺴﺎﻧﻲ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ،‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺍﺳﺎﺳﻲ‬ ‫ﻭ‬ ‫ﺍﺻﻠﻲ‬ ‫ﺟﺰء‬ ‫ﻣﻬﻤﺘﺮﻳﻦ‬ ‫ﻛﻪ‬ ‫ﮔﻔﺖ‬ ‫ﺗﻮﺍﻥ‬ ‫ﻣﻲ‬ ،‫ﻛﻠﻲ‬ ‫ﻃﻮﺭ‬
‫ﻫﺴﺘﻨﺪ‬ ‫ﺍﻧﺴﺎﻧﻲ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺍﺯ‬ ‫ﺗﺎﺑﻌﻲ‬ ‫ﺩﻳﮕﺮ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺩﻭ‬.‫ﺗﻮﺳﻌﻪ‬ ‫ﻭ‬ ‫ﺭﺷﺪ‬ ‫ﺍﻣﻜﺎﻥ‬ ‫ﺍﻧﺴﺎﻧﻲ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺑﺪﻭﻥ‬ ‫ﻭﺍﻗﻊ‬ ‫ﺩﺭ‬
‫ﺳﺎﻝ‬ ‫ﺩﺭ‬ ‫ﻛﻪ‬ ‫ﺍﻱ‬ ‫ﻣﻄﺎﻟﻌﻪ‬ ‫ﺍﺳﺖ‬ ‫ﻣﺤﺪﻭﺩ‬ ‫ﻫﺎ‬ ‫ﺁﻥ‬93‫ﻣﻘﺎﻳﺴﻪ‬ ‫ﺩﺭ‬ ‫ﺍﻧﺴﺎﻧﻲ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺍﻫﻤﻴﺖ‬ ‫ﺧﺼﻮﺹ‬ ‫ﺩﺭ‬15
‫ﻭ‬ ‫ﭘﺘﺮﻭﺷﻴﻤﻲ‬ ‫ﺷﺮﻛﺖ‬22‫ﺻﻨﻌﺖ‬ ‫ﺑﺎﺯﺍﺭ‬ ‫ﺭﺳﺪ‬ ‫ﻣﻲ‬ ‫ﻧﻈﺮ‬ ‫ﺑﻪ‬ ‫ﻣﻴﻜﻨﺪ‬ ‫ﻋﻨﻮﺍﻥ‬ ‫ﺷﺪﻩ‬ ‫ﺍﻧﺠﺎﻡ‬ ‫ﺩﺍﺭﻭﺳﺎﺯﻱ‬ ‫ﺷﺮﻛﺖ‬
‫ﺍﻳﻦ‬ ‫ﻛﻪ‬ ‫ﺩﻫﺪ‬ ‫ﻧﻤﻲ‬ ‫ﻧﺸﺎﻥ‬ ‫ﺭﺍ‬ ‫ﻛﺎﺭﻛﻨﺎﻥ‬ ‫ﺩﺍﻧﺶ‬ ‫ﻭ‬ ‫ﻫﺎ‬ ‫ﻗﺎﺑﻠﻴﺖ‬ ‫ﺍﺯ‬ ‫ﺍﺳﺘﻔﺎﺩﻩ‬ ‫ﺑﺮﺍﻱ‬ ‫ﺑﻴﺸﺘﺮﻱ‬ ‫ﺗﻼﺵ‬ ‫ﺍﻳﺮﺍﻥ‬ ‫ﺩﺍﺭﻭﺳﺎﺯﻱ‬
‫ﮔﺮﺩﺩ‬ ‫ﻣﻲ‬ ‫ﺑﺎﺩﺁﻭﺭ‬ ‫ﺭﺍ‬ ‫ﺍﻧﺴﺎﻧﻲ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺑﺮ‬ ‫ﺩﺍﺭﻭﺳﺎﺯﻱ‬ ‫ﺻﻨﻌﺖ‬ ‫ﺑﻴﺸﺘﺮ‬ ‫ﮔﺬﺍﺭﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻟﺰﻭﻡ‬ ‫ﺍﻣﺮ‬.
Prepared by: Nasim Hakimiha
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9. ‫ﮔﺬﺍﺭﻱ‬ ‫ﺍﺭﺯﺵ‬Valuing
‫ﻭ‬ ‫ﺧﺪﻣﺎﺕ‬ ، ‫ﻛﺎﻻﻫﺎ‬ ‫ﭘﻮﻟﻲ‬ ‫ﻳﺎ‬ ‫ﻣﺒﻠﻐﻲ‬ ‫ﻣﻌﺎﺩﻝ‬ ‫ﺍﺯ‬ ‫ﻋﺒﺎﺭﺗﺴﺖ‬ ‫ﺗﻌﺮﻳﻒ‬ ‫ﻃﺒﻖ‬...‫ﺧﺮﻳﺪ‬ ‫ﻗﺎﺑﻞ‬ ‫ﻗﻴﻤﺖ‬ ‫ﻳﺎ‬ ‫ﭼﻴﺰﻱ‬ ‫ﺑﻬﺎﻱ‬ ‫ﻣﻮﻗﺖ‬ ‫ﺗﻌﻴﻴﻦ‬ ‫ﻳﺎ‬
‫ﺍﺳﺖ‬ ‫ﭼﻴﺰﻱ‬ ‫ﻣﻮﺟﻮﺩﻳﺖ‬ ‫ﺍﺭﺯﺵ‬ ‫ﺁﻭﺭﺩﻥ‬ ‫ﺑﺪﺳﺖ‬ ‫ﺩﻳﮕﺮ‬ ‫ﻣﻌﻨﺎﻱ‬ ‫ﺩﺭ‬ ‫ﻭ‬ ‫ﻓﺮﻭﺵ‬ ‫ﻭ‬.
‫ﺭﻭﺷﻬﺎﻱ‬‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﮔﻴﺮﻱ‬ ‫ﺍﻧﺪﺍﺯﻩ‬‫ﻓﻜﺮﻱ‬Intellectual Capital measurement Method
‫ﺭﻭﺷﻬﺎﻱ‬‫ﻣﺴﺘﻘﻴﻢ‬‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬(Direct Intellectual Capital Methods)
‫ﺭﻭﺷﻬﺎﻱ‬‫ﺑﺎﺯﺍﺭ‬‫ﮔﺬﺍﺭﻱ‬‫ﺳﺮﻣﺎﻳﻪ‬(Market Capitalization Methods)
‫ﺭﻭﺷﻬﺎﻱ‬‫ﺑﺎﺯﺩﻩ‬‫ﺩﺍﺭﺍﻳﻴﻬﺎ‬( Return on Assets Methods)
‫ﺭﻭﺷﻬﺎﻱ‬‫ﻛﺎﺭﺗﻬﺎﻱ‬‫ﺍﻣﺘﻴﺎﺯﻱ‬(Scorecard Methods)
Prepared by: Nasim Hakimiha
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10. ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻣﺴﺘﻘﻴﻢ‬ ‫ﺭﻭﺷﻬﺎﻱ‬(Direct Intellectual Capital Methods)
‫ﺁﻧﻬﺎ‬ ‫ﺩﻫﻨﺪﻩ‬ ‫ﺗﺸﻜﻴﻞ‬ ‫ﻣﺨﺘﻠﻒ‬ ‫ﻋﻨﺎﺻﺮ‬ ‫ﺷﻨﺎﺳﺎﻳﻲ‬ ‫ﻭﺳﻴﻠﻪ‬ ‫ﺑﻪ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻳﺎ‬ ‫ﻧﺎﻣﺸﻬﻮﺩ‬ ‫ﺩﺍﺭﺍﻳﻴﻬﺎﻱ‬ ‫ﭘﻮﻟﻲ‬ ‫ﺍﺭﺯﺵ‬ ‫ﺑﺮﺁﻭﺭﺩ‬
‫ﮔﺬﺍﺭﻱ‬‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺑﺎﺯﺍﺭ‬ ‫ﺭﻭﺷﻬﺎﻱ‬(Market Capitalization Methods)
‫ﺷﺮﻛﺖ‬ ‫ﺑﺎﺯﺍﺭ‬ ‫ﺍﺭﺯﺵ‬ ‫ﺑﻴﻦ‬ ‫ﺍﺧﺘﻼﻑ‬ ‫ﻛﺮﺩﻥ‬ ‫ﻣﺤﺎﺳﺒﻪ‬)‫ﺳﻬﺎﻡ‬ ‫ﺑﺎﺯﺍﺭ‬ ‫ﻗﻴﻤﺖ‬ ‫ﺑﺮﻣﺒﻨﺎﻱ‬(‫ﻳﺎ‬ ‫ﺗﻮﺭﻡ‬ ‫ﺑﺎﺑﺖ‬ ‫ﺍﺯ‬ ‫ﺷﺪﻩ‬ ‫ﺗﻌﺪﻳﻞ‬ ‫ﺳﻬﺎﻡ‬ ‫ﺻﺎﺣﺒﺎﻥ‬ ‫ﺣﻘﻮﻕ‬ ‫ﻭ‬
‫ﺷﻮﺩ‬‫ﻣﻲ‬ ‫ﮔﺮﻓﺘﻪ‬ ‫ﻧﻈﺮ‬ ‫ﺩﺭ‬ ‫ﻧﺎﻣﺸﻬﻮﺩ‬ ‫ﺩﺍﺭﺍﻳﻴﻬﺎﻱ‬ ‫ﻳﺎ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺍﺭﺯﺵ‬ ‫ﻋﻨﻮﺍﻥ‬ ‫ﺑﻪ‬ ‫ﺟﺎﻳﮕﺰﻳﻨﻲ‬ ‫ﺑﻬﺎﻱ‬.
‫ﺩﺍﺭﺍﻳﻴﻬﺎ‬ ‫ﺑﺎﺯﺩﻩ‬ ‫ﺭﻭﺷﻬﺎﻱ‬( Return on Assets Methods)
‫ﺍﻳﻦ‬ ‫ﻧﺘﻴﺠﻪ‬ ‫ﺳﺎﻟﻬﺎ‬ ‫ﺁﻥ‬ ‫ﺩﺭ‬ ‫ﺷﺮﻛﺖ‬ ‫ﻣﺸﻬﻮﺩ‬ ‫ﺩﺍﺭﺍﻳﻴﻬﺎﻱ‬ ‫ﻣﻴﺎﻧﮕﻴﻦ‬ ‫ﺑﺮ‬ ‫ﺁﻥ‬ ‫ﺗﻘﺴﻴﻢ‬ ‫ﻭ‬ ‫ﺷﺮﻛﺖ‬ ‫ﺳﺎﻝ‬ ‫ﭼﻨﺪ‬ ‫ﻣﺎﻟﻴﺎﺕ‬ ‫ﺍﺯ‬ ‫ﻗﺒﻞ‬ ‫ﺳﻮﺩﻫﺎﻱ‬ ‫ﻣﻴﺎﻧﮕﻴﻦ‬ ‫ﻣﺤﺎﺳﺒﻪ‬
‫ﺷﻮﺩ‬‫ﻣﻲ‬ ‫ﻣﻘﺎﻳﺴﻪ‬ ‫ﺻﻨﻌﺖ‬ ‫ﻣﻴﺎﻧﮕﻴﻦ‬ ‫ﺑﺎ‬ ً‫ﺍ‬‫ﺑﻌﺪ‬ ‫ﻛﻪ‬ ‫ﻧﺎﻣﻨﺪ‬‫ﻣﻲ‬ ‫ﺩﺍﺭﺍﻳﻴﻬﺎ‬ ‫ﺑﺎﺯﮔﺸﺖ‬ ‫ﻧﺮﺥ‬ ‫ﺭﺍ‬ ‫ﻣﺤﺎﺳﺒﻪ‬.‫ﺩﺍﺭﺍﻳﻴﻬﺎﻱ‬ ‫ﻣﻴﺎﻧﮕﻴﻦ‬ ‫ﺩﺭ‬ ‫ﺭﻗﻢ‬ ‫ﺩﻭ‬ ‫ﺍﻳﻦ‬ ‫ﺗﻔﺎﺿﻞ‬
‫ﺁﻳﺪ‬ ‫ﺩﺳﺖ‬ ‫ﺑﻪ‬ ‫ﻧﺎﻣﺸﻬﻮﺩ‬ ‫ﺩﺍﺭﺍﻳﻴﻬﺎﻱ‬ ‫ﺍﺯ‬ ‫ﺣﺎﺻﻞ‬ ‫ﺳﺎﻻﻧﻪ‬ ‫ﺩﺭﺁﻣﺪﻫﺎﻱ‬ ‫ﻣﻴﺎﻧﮕﻴﻦ‬ ‫ﺗﺎ‬ ‫ﺷﻮﺩ‬‫ﻣﻲ‬ ‫ﺿﺮﺏ‬ ‫ﻣﺸﻬﻮﺩ‬.‫ﺩﺳﺖ‬ ‫ﺑﻪ‬ ‫ﺩﺭﺁﻣﺪ‬ ‫ﻣﻴﺎﻧﮕﻴﻦ‬ ‫ﺍﻳﻦ‬ ‫ﺳﭙﺲ‬
‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻳﺎ‬ ‫ﻧﺎﻣﺸﻬﻮﺩ‬ ‫ﺩﺍﺭﺍﻳﻴﻬﺎﻱ‬ ‫ﺍﺭﺯﺵ‬ ‫ﺍﺯ‬ ‫ﺑﺮﺁﻭﺭﺩﻱ‬ ‫ﻃﺮﻳﻖ‬ ‫ﺍﻳﻦ‬ ‫ﺍﺯ‬ ‫ﺗﺎ‬ ‫ﺷﻮﺩ‬‫ﻣﻲ‬ ‫ﺗﻘﺴﻴﻢ‬ ‫ﺑﻬﺮﻩ‬ ‫ﻧﺮﺥ‬ ‫ﻳﺎ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻫﺰﻳﻨﻪ‬ ‫ﻭﺯﻧﻲ‬ ‫ﻣﻴﺎﻧﮕﻴﻦ‬ ‫ﺑﺮ‬ ‫ﺁﻣﺪﻩ‬
‫ﺁﻳﺪ‬ ‫ﺩﺳﺖ‬ ‫ﺑﻪ‬ ‫ﻓﻜﺮﻱ‬.
‫ﺭﻭﺷﻬﺎﻱ‬‫ﺍﻣﺘﻴﺎﺯﻱ‬ ‫ﻛﺎﺭﺗﻬﺎﻱ‬(Scorecard Methods)
‫ﺑﺮﺍﺳﺎﺱ‬ ‫ﺁﻣﺪﻩ‬ ‫ﺩﺳﺖ‬ ‫ﺑﻪ‬ ‫ﻣﻘﻴﺎﺳﻬﺎﻱ‬ ‫ﻭ‬ ‫ﺷﺎﺧﺼﻬﺎ‬ ‫ﻭ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻳﺎ‬ ‫ﻧﺎﻣﺸﻬﻮﺩ‬ ‫ﺩﺍﺭﺍﻳﻴﻬﺎﻱ‬ ‫ﻣﺨﺘﻠﻒ‬ ‫ﻋﻨﺎﺻﺮ‬ ‫ﺷﻨﺎﺳﺎﻳﻲ‬ ‫ﻣﺒﻨﺎﻱ‬ ‫ﺑﺮ‬ ‫ﺭﻭﺷﻬﺎ‬ ‫ﺍﻳﻦ‬
‫ﺍﺳﺘﻮﺍﺭﻧﺪ‬ ‫ﮔﺮﺍﻑ‬ ‫ﺻﻮﺭﺕ‬ ‫ﺑﻪ‬ ‫ﺁﻧﻬﺎ‬ ‫ﮔﺰﺍﺭﺵ‬ ‫ﻭ‬ ‫ﺍﻣﺘﻴﺎﺯﻱ‬ ‫ﻛﺎﺭﺕ‬
Prepared by: Nasim Hakimiha
10

11. ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﮔﺰﺍﺭﺵ‬( Intellectual Capital Report)
‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻭ‬ ‫ﺳﺎﺧﺘﺎﺭﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ،‫ﺍﻧﺴﺎﻧﻲ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺷﺎﻣﻞ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺍﺟﺰﺍﻱ‬ ‫ﺧﺼﻮﺹ‬ ‫ﺩﺭ‬ ‫ﺭﺍ‬ ‫ﺷﺮﻛﺖ‬ ‫ﻭﺿﻌﻴﺖ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﮔﺰﺍﺭﺵ‬
‫ﺍﻧﺪ‬ ‫ﺷﺪﻩ‬ ‫ﺑﻨﺪﻱ‬ ‫ﺗﻘﺴﻴﻢ‬ ‫ﺩﻳﮕﺮﻱ‬ ‫ﻫﺎﻱ‬ ‫ﺷﺎﺧﺺ‬ ‫ﻭ‬ ‫ﻣﻮﻟﻔﻪ‬ ‫ﺑﻪ‬ ‫ﻧﻴﺰ‬ ‫ﺍﺟﺰﺍ‬ ‫ﺍﻳﻦ‬ ‫ﺍﺯ‬ ‫ﻳﻚ‬ ‫ﻫﺮ‬ ‫ﻛﻪ‬ ‫ﺩﻫﺪ‬ ‫ﻣﻲ‬ ‫ﻧﺸﺎﻥ‬ ‫ﺍﺭﺗﺒﺎﻃﻲ‬.‫ﺍﺯ‬ ‫ﻋﺒﺎﺭﺗﻨﺪ‬ ‫ﻫﺎ‬ ‫ﮔﺰﺍﺭﺵ‬ ‫ﺍﻳﻦ‬:
‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺟﺮﻳﺎﻥ‬ ‫ﮔﺰﺍﺭﺵ‬( Intellectual Capital Flow Report)
‫ﺟﺮﻳﺎﻥ‬ ‫ﻧﻮﺳﺎﻥ‬ ‫ﻫﻤﭽﻨﻴﻦ‬ ‫ﻭ‬ ‫ﺳﺎﻝ‬ ‫ﻃﻲ‬ ‫ﺩﺭ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻫﺎﻱ‬ ‫ﻛﺎﻫﺶ‬ ‫ﻭ‬ ‫ﻫﺎ‬ ‫ﺍﻓﺰﺍﻳﺶ‬ ‫ﺩﻫﻨﺪﻩ‬ ‫ﭘﻮﺷﺶ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺟﺮﻳﺎﻥ‬ ‫ﮔﺰﺍﺭﺵ‬
‫ﺍﺳﺖ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺧﺎﻟﺺ‬.‫ﺷﺪ‬ ‫ﺧﻮﺍﻫﺪ‬ ‫ﺗﻬﻴﻪ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺟﺰء‬ ‫ﻭ‬ ‫ﺷﺎﺧﺺ‬ ‫ﻣﻮﻟﻔﻪ‬ ،‫ﺷﺎﺧﺺ‬ ‫ﻫﺮ‬ ‫ﺑﺮﺍﻱ‬ ‫ﺍﻃﻼﻋﺎﺕ‬ ‫ﺍﻳﻦ‬.‫ﻭ‬ ‫ﺍﺻﻠﻲ‬ ‫ﺍﻫﺪﺍﻑ‬
‫ﺷﺪ‬ ‫ﺧﻮﺍﻫﺪ‬ ‫ﻣﺸﺨﺺ‬ ‫ﻫﻤﭽﻨﻴﻦ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺍﺟﺰﺍﻱ‬ ‫ﻭ‬ ‫ﺷﺎﺧﺺ‬ ‫ﻣﻮﻟﻔﻪ‬ ،‫ﺷﺎﺧﺺ‬ ‫ﻫﺮ‬ ‫ﺑﺮﺍﻱ‬ ‫ﻓﺮﻋﻲ‬.
‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻳﺎﺩﺩﺍﺷﺖ‬ ‫ﮔﺰﺍﺭﺵ‬( Intellectual Capital note Report)
‫ﻳ‬‫ﺎ‬‫ﺗﻮﺿﻴﺢ‬ ‫ﻭ‬ ‫ﻛﺮﺩﻩ‬ ‫ﺗﻜﻤﻴﻞ‬ ‫ﺭﺍ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺟﺮﻳﺎﻥ‬ ‫ﮔﺰﺍﺭﺵ‬ ‫ﻧﻴﺰ‬ ‫ﻭ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﮔﺰﺍﺭﺵ‬ ‫ﺩﺭ‬ ‫ﻣﻮﺟﻮﺩ‬ ‫ﺍﻃﻼﻋﺎﺕ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﺩﺩﺍﺷﺖ‬
‫ﺩﺍﺩ‬ ‫ﺧﻮﺍﻫﺪ‬.‫ﺍﻗﺪﺍﻣﺎﺕ‬ ‫ﻫﻤﭽﻨﻴﻦ‬ ،‫ﺍﺭﺯﻳﺎﺑﻲ‬ ‫ﻫﻨﺠﺎﺭﻫﺎﻱ‬ ،‫ﺷﺮﻛﺖ‬ ‫ﻫﺎﻱ‬ ‫ﻓﻌﺎﻟﻴﺖ‬ ‫ﺩﺭﺑﺎﺭﻩ‬ ‫ﻣﻔﻴﺪﻱ‬ ‫ﺍﻃﻼﻋﺎﺕ‬ ‫ﺣﺎﻭﻱ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﻳﺎﺩﺩﺍﺷﺖ‬
‫ﺍﺳﺖ‬ ‫ﺁﻥ‬ ‫ﻛﺎﺭﺑﺮﺍﻥ‬ ‫ﺑﺮﺍﻱ‬ ‫ﻓﻜﺮﻱ‬ ‫ﺳﺮﻣﺎﻳﻪ‬ ‫ﮔﺮﻓﺘﻪ‬ ‫ﺻﻮﺭﺕ‬.
Prepared by: Nasim Hakimiha
11

12. ‫ﺍﻓﺸﺎ‬‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬( Intellectual Capital Disclosure)
‫ﻣﺮﺣﻠﻪ‬‫ﻧﻬﺎﻳﻲ‬‫ﺩﺭ‬‫ﻣﺪﻳﺮﻳﺖ‬‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬‫ﻓﺮﺍﻳﻨﺪ‬‫ﮔﺰﺍﺭﺷﮕﺮﻱ‬‫ﺁﻥ‬‫ﺍﺳﺖ‬.‫ﺍﻓﺸﺎﻱ‬‫ﺍﺭﺯﺵ‬‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬‫ﺗﻮﺍﻧﺪ‬‫ﻣﻲ‬‫ﺩﻻﻳﻞ‬
‫ﻣﺨﺘﻠﻔﻲ‬‫ﺩﺍﺷﺘﻪ‬‫ﺑﺎﺷﺪ‬.‫ﺍﮔﺮﭼﻪ‬‫ﻫﻤﻪ‬‫ﺍﻳﻦ‬‫ﺩﻻﻳﻞ‬‫ﺟﺰﻭ‬‫ﺍﻫﺪﺍﻑ‬‫ﻛﻠﻴﺪﻱ‬‫ﻫﺴﺘﻨﺪ‬‫ﺍﻣﺎ‬‫ﻫﺪﻑ‬،‫ﺍﺻﻠﻲ‬‫ﺗﻬﻴﻪ‬‫ﺍﻃﻼﻋﺎﺕ‬‫ﻣﻔﻴﺪ‬‫ﺑﺮﺍﻱ‬
‫ﺳﻬﺎﻣﺪﺍﺭﺍﻥ‬‫ﺳﺎﺯﻣﺎﻥ‬‫ﺍﺳﺖ‬.‫ﺳﻬﺎﻣﺪﺍﺭﺍﻥ‬‫ﻧﻴﺰ‬‫ﺩﺍﺭﺍﻱ‬‫ﻧﻴﺎﺯﻫﺎﻱ‬‫ﺍﻃﻼﻋﺎﺗﻲ‬‫ﻣﺨﺘﻠﻔﻲ‬‫ﻫﺴﺘﻨﺪ‬‫ﻛﻪ‬‫ﺭﻭﻳﻪ‬‫ﺷﺮﻛﺖ‬‫ﺑﺎﻳﺪ‬‫ﺑﺮﻣﺒﻨﺎﻱ‬‫ﺍﻓﺸﺎﻱ‬
‫ﺁﻥ‬‫ﺩﺳﺘﻪ‬‫ﺍﺯ‬‫ﺍﻃﻼﻋﺎﺗﻲ‬‫ﺑﺎﺷﺪ‬‫ﻛﻪ‬‫ﺑﺘﻮﺍﻧﻨﺪ‬‫ﻧﻴﺎﺯﻫﺎﻱ‬‫ﺍﻃﻼﻋﺎﺗﻲ‬‫ﮔﺮﻭﻩ‬‫ﺑﻴﺸﺘﺮﻱ‬‫ﺭﺍ‬‫ﺗﺄﻣﻴﻦ‬‫ﻛﻨﺪ‬.‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜـﺮﻱ‬‫ﻣﻮﺭﺩ‬‫ﻋﻼﻗﻪ‬
‫ﺳﺮﻣﺎﻳﻪ‬‫ﮔﺬﺍﺭﺍﻥ‬‫ﻭ‬‫ﺍﻋﺘﺒﺎﺭﺩﻫﻨﺪﮔﺎﻥ‬‫ﺍﺳﺖ‬‫ﻭ‬‫ﺍﻓﺸﺎﻱ‬‫ﺁﻧﻬﺎ‬‫ﺩﺭ‬‫ﺗﺼﻤﻴﻢ‬‫ﮔﻴﺮﻱ‬‫ﺍﻳﻦ‬‫ﺩﻭ‬‫ﮔﺮﻭﻩ‬‫ﻧﻘﺶ‬‫ﺑﺮﺟﺴﺘﻬﺎﻱ‬‫ﺭﺍ‬‫ﺍﻳﻔﺎ‬‫ﻣﻲ‬‫ﻛﻨﺪ‬.
‫ﻛﻨﻨﺪﮔﺎﻥ‬‫ﺍﺳﺘﻔﺎﺩﻩ‬‫ﺍﺯ‬‫ﺍﻃﻼﻋﺎﺕ‬‫ﻣﺮﺑﻮﻁ‬‫ﺑﻪ‬‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬‫ﺷﺎﻣﻞ‬‫ﮔﺮﻭﻫﻬﺎﻱ‬‫ﺯﻳﺮ‬‫ﺷﻮﺩ‬‫ﻣﻲ‬:‫ﺳﺮﻣﺎﻳﻪ‬‫ﮔﺬﺍﺭﺍﻥ،ﺗﺤﻠﻴﻞ‬‫ﮔﺮﺍﻥ‬‫،ﻣﺎﻟﻲ‬،
‫ﻛﺎﺭﻛﻨﺎﻥ‬‫ﻭ‬‫ﺳﺎﻳﺮ‬‫ﺍﻓﺮﺍﺩ‬‫ﻣﻲ‬‫ﺷﻮﺩ‬.‫ﻣﻄﺎﻟﻌﺔ‬‫ﺍﺟﺰﺍﻱ‬‫ﺳﺮﻣﺎﻳﺔ‬،‫ﻓﻜﺮﻱ‬‫ﻣﺸﺨﺺ‬‫ﻛﺮﺩ‬‫ﻛﻪ‬‫ﺭﺍﺑﻄﺔ‬‫ﻣﻨﻔﻲ‬‫ﻭ‬‫ﻣﻌﻨﺎﺩﺍﺭﻱ‬‫ﺑﻴﻦ‬،‫ﺳﻮﺩﺁﻭﺭﻱ‬
‫ﻓﺮﺻﺖ‬‫ﺭﺷﺪ‬‫ﻭ‬‫ﻋﻤﺮ‬‫ﺷﺮﻛﺖ‬‫ﺑﺎ‬‫ﺍﻓﺸﺎﻱ‬‫ﺳﺮﻣﺎﻳﺔ‬‫ﺍﻧﺴﺎﻧﻲ‬‫ﻭﺟﻮﺩ‬‫ﺩﺍﺭﺩ‬.‫ﺩﺭﺧﺼﻮﺹ‬‫ﺍﻓﺸﺎﻱ‬‫ﺳﺮﻣﺎﻳﺔ‬‫ﻣﺸﺘﺮﻱ‬‫ﻭ‬‫ﺳﺮﻣﺎﻳﺔ‬
‫ﺳﺎﺧﺘﺎﺭﻱ‬،‫ﻧﻴﺰ‬‫ﻧﺘﺎﻳﺞ‬‫ﻣﺒﻴﻦ‬‫ﻭﺟﻮﺩ‬‫ﺭﺍﺑﻄﺔ‬‫ﻣﺜﺒﺖ‬‫ﻭ‬‫ﻣﻌﻨﺎﺩﺍﺭ‬‫ﺑﻴﻦ‬‫ﻓﺮﺻﺖ‬‫ﺭﺷﺪ‬‫ﻭ‬‫ﻋﻤﺮ‬‫ﺷﺮﻛﺖ‬‫ﻭ‬‫ﺭﺍﺑﻄﺔ‬‫ﻣﻨﻔﻲ‬‫ﻭ‬‫ﻣﻌﻨﺎﺩﺍﺭ‬‫ﺑﻴﻦ‬
‫ﺍﻫﺮﻡ‬‫ﻣﺎﻟﻲ‬‫ﻭ‬‫ﺍﻓﺸﺎﻱ‬‫ﺳﺮﻣﺎﻳﺔ‬‫ﻣﺸﺘﺮﻱ‬‫ﻭ‬‫ﺳﺮﻣﺎﻳﺔ‬‫ﺳﺎﺧﺘﺎﺭﻱ‬‫ﺍﺳﺖ‬.
Prepared by: Nasim Hakimiha
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13. ‫ﻣﻨﺎﺑﻊ‬:
‫ﻣﺮﻳﻢ‬‫ﻋﺒﺪﺯﺍﺩﻩ‬)1393(.‫ﺑﺮﺭﺳﻲ‬‫ﺗﺎﺛﻴﺮ‬‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬‫ﺩﺭ‬‫ﺻﻨﻌﺖ‬‫ﺩﺍﺭﻭﺳﺎﺯﻱ‬‫ﺩﺭ‬‫ﻣﻘﺎﻳﺴﻪ‬‫ﺑﺎ‬‫ﺻﻨﻌﺖ‬‫ﭘﺘﺮﻭﺷﻴﻤﻲ‬‫ﺑﺮ‬‫ﻋﻤﻠﻜﺮﺩ‬‫ﻣﺎﻟﻲ‬‫ﺷﺮﻛﺘﻬﺎ‬.‫ﻧﺎﻣﻪ‬‫ﭘﺎﻳﺎﻥ‬.‫ﻭﺯﺍﺭﺕ‬،‫ﻋﻠﻮﻡ‬‫ﺗﺤﻘﻴﻘﺎﺕ‬‫ﻭ‬‫ﻓﻨﺎﻭﺭﻱ‬-
‫ﺩﺍﻧﺸﮕﺎﻩ‬‫ﺍﺭﻭﻣﻴﻪ‬-‫ﺩﺍﻧﺸﻜﺪﻩ‬‫ﺍﻗﺘﺼﺎﺩ‬
‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬،‫ﮔﺮﺩﺁﻭﺭﻧﺪﮔﺎﻥ‬:‫ﻣﺤﻤﺪﺑﺎﻗﺮﻣﺘﻮﻟﻲ‬‫ﻧﮋﺍﺩ‬،‫ﺣﺴﻴﻦ‬‫ﻧﻮﺭﻭﺯﻱ‬.
‫ﻗﺮﺑﺎﻧﻲ‬‫ﻣﺤﻤﺪ‬‫ﺟﻮﺍﺩ،ﺷﻬﺎﺋﻲ‬‫ﺑﻬﻨﺎﻡ،ﻣﻮﺳﻮﻱ‬‫ﺳﺠﺎﺩ،ﺍﻧﻮﺭﻱ‬‫ﺭﺳﺘﻤﻲ‬‫ﻋﻠﻲ‬‫ﺍﺻﻐﺮ‬)1389(‫،ﺗﺎﺛﻴﺮ‬‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬‫ﺑﺮ‬‫ﻋﻤﻠﻜﺮﺩ‬‫ﻣﺎﻟﻲ‬‫ﺩﺭ‬‫ﺻﻨﻌﺖ‬‫ﺩﺍﺭﻭﺳﺎﺯﻱ‬‫ﺍﻳﺮﺍﻥ،ﭼﺸﻢ‬‫ﺍﻧﺪﺍﺯ‬‫ﻣﺪﻳﺮﻳﺖ‬
‫ﺑﺎﺯﺭﮔﺎﻧﻲ،ﺷﻤﺎﺭﻩ‬4
‫ﻫﺪﻱ‬‫ﻫﻤﺘﻲ،ﺁﺭﺯﻭ‬‫ﺟﻠﻴﻠﻲ‬)1391(‫ﺭﺍﺑﻄﻪ‬‫ﺍﻓﺸﺎﻱ‬‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬‫ﺑﺎ‬‫ﻧﻮﻉ‬‫ﻣﺎﻟﻜﻴﺖ‬‫ﻭﺍﻧﺪﺍﺯﻩ‬‫ﺷﺮﻛﺘﻬﺎﻱ‬‫ﭘﺬﻳﺮﻓﺘﻪ‬‫ﺷﺪﻩ‬‫ﺩﺭ‬‫ﺑﻮﺭﺱ‬.‫ﻓﺼﻠﻨﺎﻣﻪ‬‫ﺩﺍﻧﺶ‬‫ﺣﺴﺎﺑﺪﺍﺭﻱ‬،‫ﻭﻣﺪﻳﺮﻳﺖ‬‫ﺳﺎﻝ‬‫ﺍﻭﻝ‬/‫ﺷﻤﺎﺭﻩ‬
‫ﺩﻭﻡ‬/‫ﺗﺎﺑﺴﺘﺎﻥ‬1391
‫ﺭﻭﻳﺎ‬‫ﺩﺍﺭﺍﺑﻲ‬)1391(،‫ﺗﺎﺛﻴﺮ‬‫ﺍﻓﺸﺎﻱ‬‫ﺍﺟﺰﺍﻱ‬‫ﺳﺮﻣﺎﻳﻪ‬‫ﻓﻜﺮﻱ‬‫ﺑﺮ‬‫ﻛﻴﻔﻴﺖ‬‫ﮔﺰﺍﺭﺷﮕﺮﻱ‬،‫ﻣﺎﻟﻲ‬‫ﻓﺼﻠﻨﺎﻣـﻪ‬‫ﻋﻠﻤﻲ‬‫ﭘﮋﻭﻫﺸﻲ‬‫ﺩﺍﻧﺸﺴﺮﻣﺎﻳﻬﮕـﺬﺍﺭﻱ‬‫ﺳﺎﻝ‬‫ﺍﻭﻝ‬/‫ﺷﻤﺎﺭﻩ‬‫ﭼﻬﺎﺭﻡ‬/‫ﺯﻣﺴﺘﺎﻥ‬1391
‫ﺑﻴﺘﺎ‬،‫ﻣﺸﺎﻳﺨﻲ،ﻫﺴﺘﻲ‬‫ﺯﺭﮔﺮﺍﻥ‬‫ﻳﺰﺩ‬.)1393(‫ﺑﺮﺭﺳﻲ‬‫ﻋﻮﺍﻣﻞ‬‫ﻣﺆﺛﺮ‬‫ﺑﺮ‬‫ﺍﻓﺸﺎﻱ‬‫ﺳﺮﻣﺎﻳﺔ‬‫ﻓﻜﺮﻱ‬‫ﺩﺭ‬‫ﻫﺎﻱ‬‫ﺷﺮﻛﺖ‬‫ﭘﺬﻳﺮﻓﺘﻪ‬‫ﺷﺪﻩ‬‫ﺩﺭ‬‫ﺑﻮﺭﺱ‬‫ﺍﻭﺭﺍﻕ‬‫ﺑﻬﺎﺩﺍﺭ‬،‫ﺗﻬﺮﺍﻥ‬‫ﺑﺮﺭﺳﻴﻬﺎﻱ‬‫ﺣﺴﺎﺑﺪﺍﺭﻱ‬‫ﻭ‬
،‫ﺣﺴﺎﺑﺮﺳﻲ‬‫ﺩﺍﻧﺸﻜﺪﻩ‬،‫ﻣﺪﻳﺮﻳﺖ‬‫ﺩﻭﺭﻩ‬21،‫ﺷﻤﺎﺭﻩ‬2،‫ﺗﺎﺑﺴﺘﺎﻥ‬1393،‫ﺻﻔﺤﻪ‬251-270
،‫ﻣﺸﺎﻳﺨﻲ‬‫ﺏ‬.‫؛‬،‫ﺳﻴﺪﻱ‬‫ﺝ‬.‫ﻭ‬،‫ﺯﺭﮔﺮﺍﻥ‬‫ﻩ‬.)1393(.‫ﺑﺮﺭﺳﻲ‬‫ﻋﻮﺍﻣﻞ‬‫ﻣﺆﺛﺮ‬‫ﺑﺮ‬‫ﺳـﺮﻣﺎﻳﺔ‬‫ﻓﻜـﺮﻱ‬‫ﺩﺭ‬‫ﺷـﺮﻛﺘﻬـﺎﻱ‬‫ﭘﺬﻳﺮﻓﺘﻪ‬‫ﺷـﺪﻩ‬‫ﺩﺭ‬‫ﺑـﻮﺭﺱ‬‫ﺍﻭﺭﺍﻕ‬‫ﺑﻬـﺎﺩﺍﺭ‬‫ﺗﻬـﺮﺍﻥ‬‫ﺑـﻪ‬‫ﺗﻔﻜﻴـﻚ‬‫ﺻـﻨﻌﺖ‬.
‫ﺩﻭﺍﺯﺩﻫﻤـﻴﻦ‬‫ﻫﻤـﺎﻳﺶ‬‫ﻣﻠـﻲ‬،‫ﺣﺴﺎﺑﺪﺍﺭﻱ‬‫ﺍﺭﺩﻳﺒﻬﺸﺖ‬،‫ﻣﺎﻩ‬‫ﺩﺍﻧﺸﮕﺎﻩ‬‫ﺷﻴﺮﺍﺯ‬.
‫ﺑﺮﺭﺳﻲ‬‫ﻋﻮﺍﻣﻞ‬‫ﻣﺆﺛﺮ‬‫ﺑﺮ‬‫ﺍﻓﺸﺎﻱ‬‫ﺳﺮﻣﺎﻳﺔ‬‫ﻓﻜﺮﻱ‬‫ﺩﺭ‬‫ﻫﺎﻱ‬‫ﺷﺮﻛﺖ‬‫ﭘﺬﻳﺮﻓﺘﻪ‬‫ﺷﺪﻩ‬‫ﺩﺭ‬‫ﺑﻮﺭﺱ‬‫ﺍﻭﺭﺍﻕ‬‫ﺑﻬﺎﺩﺍﺭ‬‫ﺗﻬﺮﺍﻥ‬
‫ﺁﺷﻨﺎﻳﻲ‬‫ﺑﺎ‬‫ﺳﺮﻣﺎﻳﻪ‬‫ﻫﺎﻱ‬،‫ﻧﺎﻣﻠﻤﻮﺱ‬‫ﻣﺮﻛﺰ‬‫ﺗﺤﻘﻴﻘﺎﺕ‬‫ﺩﺍﻧﺸﮕﺎﻩ‬‫ﺑﻘﻴﻪ‬‫ﺍﷲ‬
‫ﺑﺮﺭﺳﻴﻬﺎﻱ‬‫ﺣﺴﺎﺑﺪﺍﺭﻱ‬‫ﻭ‬،‫ﺣﺴﺎﺑﺮﺳﻲ‬‫ﺩﺍﻧﺸﻜﺪﻩ‬،‫ﻣﺪﻳﺮﻳﺖ‬‫ﺩﻭﺭﻩ‬21،‫ﺷﻤﺎﺭﻩ‬2،‫ﺗﺎﺑﺴﺘﺎﻥ‬1393،‫ﺻﻔﺤﻪ‬251-270
The Value of Intellectual Property, Intangible Assets and Goodwill
http://www.wipo.int/sme/en/documents/value_ip_intangible_assets_fulltext.html
Intellectual Capital Measurement Methods, Institute of Organization and Management in Industry „ORGMASZ” Vol 1(1); p. 37 -
45 Year 2008
INTELLECTUAL CAPITAL AND ITS MEASUREMENT By David H. Luthy Professor of Accounting
Prepared by: Nasim Hakimiha
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