The long-term goal of this research is to build new models of theoretical approaches to resolve the conceptual controversy regarding the relationship of human capital, structural capital, customer capital and partner capital to innovation comprehensively. In contrast to previous studies that generally tested the causality between tangible assets, innovation and organizational performance. This research starts from factors that can influence innovation, so that can be obtained clarity about how to improve innovation in an organization. The research basically is modelling approach, by using library and literature method. Besides that the study employs the teoritical study to strengthen the relation among the founded concepts. The results of this study are propositions formulated in the form of basic theoretical models and developed in the form of hypotheses and empirical models of research that can be tested for further research. The future research is needed to examided the proposed model by using direct observation and interview. Structural Equation Modeling (SEM) technique with AMOS program version 20 is the most appriate tools to analysed the data collected. Besided that, the research should involve the islamic banking in Indonesia.

Keywords: intellectual capital, innovation, islamic banking