Purposes for intellectual capital management: an update of the exposed by Bernard Marr

Knowledge Management is a theoretical and practical approach and is directly related to Intellectual Capital, because while the first strives for management, the second aims at valuing the intangible. However, in order to implement an Intellectual Capital initiative, it is necessary to define its purpose, which is outlined as a purpose. In 2003, Bernard Marr presented five purposes for Intellectual Capital, namely: a) helping organizations formulate their strategy; b) evaluate the execution of the strategy; c) assist in diversification and expansion of decisions; d) support compensation; and, finally, e) communicate the measures to the interested parties. Thus, this research aims to identify the evolution of these purposes. This configures the originality and value of this investigation, as it expands the reasons for managing Intellectual Capital in modern times. For this, this research is characterized as qualitative, exploratory-descriptive in nature, and made use of the Systematic Literature Review and Content Analysis as methods to achieve the ambition. As a result, the purposes (a) to measure the wealth of the public sector and (b) to innovate were identified, expanding what was exposed by Bernard Marr. Due to practical implications, this investigation contributes to the maturation of motivations to manage Intellectual Capital, as well as to explain this to academics and managers, promoting the continuous need for this improvement in the empirical scope of this theme.