National Intellectual Capital of Malawi

Intellectual capital is defined as ‘intellectual material – such as knowledge, information, intellectual property, experience – than can be put to use to create wealth’. The measurement of intellectual capital can be located in the micro (organization) level as well as in the macro (national or regional) level. This is a descriptive study on the intellectual capital of Malawi (Central Africa) where data was collected on the five types of national capital; these include human capital, market capital, process capital, renewal capital and financial capital. The aim of this study is to paint a clearer picture of the conditions regarding Malawi’s intangible assets in the hopes that the research can increase Malawi’s economic growth. Due to the large number of developing countries within Africa, a study that analyzes its national wealth (macro level) and the factors that may affect national competition will be quite important in assisting the decision-making from internal (government) and external (foreign) aid. This research can as well benefit the county’s policy reforms. Policy reforms in any country will impact the economic growth of a country, therefore if we analyze the factors affecting the country’s growth we can find solutions by changing the policy to ensure a competitive advantage. This study uses the research framework and methodology taken from another published work on Intellectual capital with slight modifications due to difficulties encountered during the data collection process. Based on the results of this study, suggestions and limitations of the research are presented to ensure an improved research for the any future research.