In the knowledge economy, the value of corporations is directly related to their knowledge and intellectual capital. But broaden the perspective a little wider and you begin to see the possibilities: Think of cities, regions, even entire nations, in addition to the public sector. If intangibles and intellectual capital are important to the private sector, they are also important to the productivity and competitiveness of the public sector, and so to communities and nations as a whole. In this book, Editors Ahmed Bounfour and Leif Edivinsson have brought together the best minds in intellectual capital throughout the world to focus on a new and fertile area of research: measuring and managing the intellectual capital of communities. This is a creative and cutting-edge area of research that has the potential to change how public sector planning and development is done. Once there is a clear way to identify where wealth is created in a given region/nation, this process has the potential to reveal a huge knowledge repository in the public sector with a significant—but idle—potential for collective wealth creation—the wealth of nations in waiting. Introduction by Ahmed Bounfour and Leif Edvinsson Part One: Modelling and contextualising IC for Communities Chapter 1: Modelling Intangibles: Transaction Regime Versus Community regimes , Ahmed Bounfour Chapter 2: Regional Intellectual capital in waiting, Leif Edvinsson Part Two : IC for Nations Chapter 3: Estimating the Level of Investment in knowledge across OECD countries, Mosahid Khan Chapter 4: Knowledge Economies: a Global Perspective, Jean-Eric Aubert, World Bank Institute Chapter 5: Investing in Intangibles: Is a Trillion Dollars Missing from the GDP? Leonard Nakamura, Federal Reserve Bank of Philadelphia Chapter 6: Intangibles and Intellectual Capital in the European Investment Bank Project Appraisal, Jean-Jaques Mertens , European Investment Bank and Jacques Van der Meer Chapter 7 : Assessing Performance of European Innovations Systems: An Intellectual Capital Indexes Perspectives, Ahmed Bounfour,University of Marne La Vallee Chapter 8: National Intellectual Capital Index, The Benchmarking of Arab Countries Dr. Nick Bontis, DeGroote Business School, McMaster University Chapter 9 : The Intellectual Capital of The State of Israel, Dr. Edna Pasher and Sigal Shachar Chapter 10 : Rethinking leadership in the Knowledge Society, Learning from Others: How to Integrate Intellectual and Social Capital and Establish a New Balance of Value and Values, Bernhard Von Mutius, Germany Chapter 11: Japan and Other East Asian Economies under the Knowledge-Based Economy, Seiichi Masuyama, Nomura Research Institute, Japan and Asia Part Three : IC for Regions Chapter 12: Value Creation Efficiency at National and Regional Level – Case Study Croatia and EU, Ante Pulic Chapter 13: A European regional path to the knowledge economy: challenges and opportunities, Dr Dimitri Corpakis, Head of Sector European Commission DG Research Chapter 14: Intellectual Capital Creation in Regions : A Knowledge System Approach Anssi Smedlund and Aino Pöyhönen, M.Econ.Sc. Anssi Smedlund is a Research Assistant and PhD Candidate of Knowledge Management in the Department of Business Administration at Lappeenranta University of Technology Chapter 15: Ragusa or how to measure ignorance: The ignorance meter By Klaus North and Stefanie Kares, University of Applied Sciences, Wiesbaden, Germany Chapter 16: Can the state stimulate the creation of regional networks? – Experiences from the Virtual Marketplace Bavaria initiative, Hans-Joachim Heusler , Hans Schedl Chapter 17: The Region's Competence and Human Capital: Lessons from the Collaboration Between 3 European Regions on Competence Mapping and Intellectual Capital Management, Lars Karlssson and Paolo Martinez Part Four IC for Cities and Local Communities Chapter 18: Learning-by-Playing: Bridging the Knowing-Doing Gap in Urban Communities, Albert A Angehrn INSEAD, The European Institute of Business Administration Chapter 19: Cities’ Intellectual Capital Benchmarking System (CICBS). A methodology and a framework for measuring and managing intellectual capital of cities: A practical application in the city of Mataró, by José María Viedma Marti Polytechnic University of Catalonia and President of Intellectual Capital Management Systems Chapter 20 IC for Communities, Research and Policy agenda, Ahmed Bounfour Index