The investment in scientific research as a measure of intellectual capital in higher education institutions

This study identifies a technique to measure the intellectual capital in a higher education institution, based on the evaluation of the efficiency of the investment in scientific research, through the allocated economic resources, in relation to the components of the intellectual capital: human capital, structural capital and relational capital. Using an ANCOVA regression model with panel data, the registered incomes and expenses are accounted. Significant statistical differences between the three components is evidenced, being the structural capital the most relevant. This allows demonstrating the efficiency in the allocation of the resources, management and incentives institutional competence in the management and transfer of new knowledge to the society. © 2020 Centro de Informacion Tecnologica. All rights reserved.