What is Higher Education Institutions

Knowledge management has become an essential part of today's society. Since organizations and society in general are starting to realize the importance of knowledge for the development of the economies, higher education institutions are appearing as the central tool to develop knowledge and consequently develop society. But normally, these institutions focus on teaching and learning as their main processes and give all of their attention to developing and improving these processes. Nonetheless, higher education institutions have recognized the importance of intellectual capital to respond to the new needs of society and to improve the quality of education, so they start talking about models to measure intellectual capital, although these models, as it was previously mentioned, are being developed for production companies. The objective of this chapter is to state the importance of developing models to value intellectual capital in higher education institutions, especially at the postgraduate level.