隨著知識經濟時代的來臨，以知識、創新為主的附加價値模式，逐漸取代傳統以成本與有形資產為導向的經營模式。無形的智慧資本是當今企業創造高附加價値的原動力。本研究首先簡介「智慧資本」在台灣的發展，接著彙整台灣約20年的智慧資本研究結果，介紹國家層級之智慧資本研究的應用。資料來源為「臺灣人文及社會科學引文索引資料庫」中與智慧資本相關的期刊論文127篇、博士論文43篇，以及ProQuest Central資料庫中前100篇論文中台灣學者的42篇論文。研究發現，智慧資本與組織績效、市場/企業價値、獲利、競爭優勢、生產力、組織承諾、公司治理、知識管理等都有正向的關係。台灣仰賴出口極深，又台商遍布全球，他們的海外營運會受到地主國人力素質（人力資本）、租稅減免（市場資本）、政府效率(流程資本）、智慧財產權保護（更新資本）等影響。又如末來之能源供給、數位安全、人身安全與財產保障、寬頻速度等也都會影響企業在海外的運作。國家智慧資本的研究顯示全球主要國家於無形資產的走勢，方便企業做出較好的海外投資決策。最後，本研究提供企業界於知識經濟時代調整營運體質的參考，建構一個智慧資本研究生態系統供學術界思考，也給予政府相關單位有關研究中心的政策建議。

With the dawning of the knowledge economy, added value business model based on knowledge and innovation gradually replaces the traditional one relying on cost and tangible assets. Nowadays, the intangible intellectual capital has become the driving force of creating business value. This paper first introduced the intellectual capital development in Taiwan, then reviewed relevant research pertaining to Taiwan conducted in the past 20 years, afterwards described the application of national level intellectual capital research. Data sources include 127 journal papers, 43 Ph.D. dissertations from Taiwan Citation Index — Humanities and Social Sciences，and the 42 Taiwan related papers out of the first 100 papers from ProQuest Central Database key word search. Research finding reveals the positive relationships between intellectual capital and organizational performance, market/organizational value, profit, competitiveness, productivity, organizational commitment, governance, and knowledge management. Taiwan is an export-dependent country and Taiwanese businessmen are all over the world, their operations will definitely be influenced by the host country's manpower quality (human capital), tax encouragement (market capital), government efficiency (process capital), and copyright protection (renewal capital). Furthermore, future energy supply, cyber security, person/property safety, and broadband speed will also sway the choice of overseas investment. Research results of national intellectual capital provide additional information for organizations to make better foreign investment decisions. This paper concludes with suggestions for businesses to enhance their operations, for academia to conduct future intellectual capital research based on a proposed ecosystem, and for government to reconsider policies on research centers.