INTELLECTUAL CAPITAL RESEARCH
IC - INDONESIAN CONTEXT
- Government still focusing in attracting Foreign Direct Investments in Infrastructure & Manufacturing
- Low awareness in the importance of IC
- There has been recent focus (2007) in the Creative Industries


Vision
To be a leading association for professionals in building national competitive advantage through Intellectual Capital creation and application
Mission
- Strengthening national Intellectual Capital (IC) policy and plan
- Promoting IC education in the universities
- Integrating aggregation of various fields related to IC
- Developing IC key technologies for industries
- Establishing an environment conductive to IC development.
- Intensifying the publicizing of IC creation, application and management
- Promoting regional and international research exchange and cooperation.
Challenges - Piracy
- How big a problem is software piracy in Indonesia?
- According to the IDC study in last May, 87% of the software installed in Indonesia were pirated - the third highest in the world in terms of software piracy. It is estimated that a further decrease of piracy rate from 87% to 77% in Indonesia in four years could add USD3.4billion to its economy and create more than 3,000 high-wage, high-tech jobs as well as USD153million in tax revenues in four years.
Supporting Institutions
- EU Representative in Indonesia
- EU Chambers of Commerce and Industry
- Indonesian Chambers of Commerce and Industry (KADIN)
- Indonesian – Netherlands Association (INA)
- Ministry of Industry
- Ministry of National Education
- Ministry of Research and Technology
- Ministry of Manpower
- Indonesian Authority for Professionals Certification
- Indonesian Institute of Accountants
- Indonesian Authority for Professionals Certification
- Indonesian Institute of Accountants
- Indonesian Institute of Economists
- Indonesian Finance Association
- National Commission on Sustainability Reporting
- National Committee on Public Policy
- Communication Forum for Internal Auditors
- Indonesian Forum for Private Universities
- University of Indonesia, Faculty of Economics, Accounting Science Program (PIA)
- University of Bina Nusantara
What has been done - Research Focus
- Intellectual Capital Disclosures
- Reporting Intellectual Capital in Annual Reports: Evidence from Indonesia (Sihotang and Sanjaya, 2006)
- Intellectual Capital Disclosures of Technology-driven Companies: Evidence from Indonesia (Sihotang and Winata, 2006)
- Measuring the Value Added Intellectual Coefficient (VAIC™): A Case study on Indonesian Listed Banks (Sihotang and Suwandi, 2006)
- Case Study in Intellectual Capital
- PT Bukaka Teknik Utama (A): Passenger Boarding Bridge Project (Loeis, 2006)
- PT Hollitech Indonesia (Kumaradjaja, 2006)
- Bina Nusantara University (Sihotang, 2007)
- GRIN: Indonesian expansion (Minaldi, 2007)
- Mini Cases in Intellectual Capital
- Bank Mandiri, Nurturing Innovation through Knowledge Management (Kumaradjaja, 2007)
- These Toyotas are not sold in Japan (Loeis, 2007)
- Bird Flu virus is big business ? (Loeis, 2007)
- Indonesian Sustainability Reporting Award (Sihotang, 2007)
What's Next
Joint effort with the Indonesian Institute of Management Accountant (IIMA) to develop Intellectual Capital Statements guidelines for Indonesian corporations
BiNus IC Researcher

Minaldi Loeis
MBA (Monash), MSc (NY)
15 years relevant experience
Fmr. Bank, Distribution
Strategic Management
Parulian Sihotang
PhD (Dundee, UK), MAcc (Case, US), Ak (STAN)
20 years relevant experience
Fmr. Govt., IBRA, State-owned Co Auditing & Accounting
Richard Kumaradjaja
PhD, MSc (Rensselaer), BSc (Case Western)
20 years relevant experience
IT Management
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