Intellectual capital today has become an essential concept for assessing firm value. Universities in Taiwan that are emphasizing knowledge more in order to gain a competitive advantage, as is the case with most organizations, are adopting intellectual capital to measure school performance as well. The objective of this study is to analyze the intellectual capital of universities based on indicators of innovation capital. After reviewing related literature and conducting in-depth interviews with experts in the field, the study extracts critical relevant dimensions and indicators of innovation capital that fit the characteristics of universities and then categorizes the main types of universities in Taiwan. The proposed analysis method is in accordance with the Fuzzy Analytic Hierarchy Process (FAHP) and with VlseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR) methods. FAHP is used in determining the weights of the innovation capital indicators by educational experts; then, the rankings of the types of universities are determined by VIKOR, based on the result of the weights of indicators.
Expert Systems with Applications 37(2), pp.1635-1642