摘要：The paper proposes a new methodology for evaluating the market value of firms (QuIC – Quantitative Intellectual Capital-based methodology for Firm Valuation) that considers Intellectual Capital (IC) as an important factor that can influence the overall value. Findings show that this approach gives a more fair evaluation able of taking account of the "hidden” value that could remain unconsidered when applying "traditional” valuation approaches. In fact,findings demonstrated that,from a financial standpoint,the difference between DCF and QuIC evaluation can be recognised as the worth of intellectual capital assets.
