Some of the subsets of intellectual capital include human capital, information capital, brand awareness and instructional capital.
Intellectual capital is a real business asset, although measuring it is a very subjective task. Companies spend millions annually training their employees in business-specific topics and otherwise paying for increased competence in their staff. This capital employed provides a return to the company, one that can contribute toward many years' worth of business value.
As technology and process improvements become more of a differentiating factor within modern companies, intellectual capital is likely to become an even stronger force in the marketplace.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Intellectual capital — is a term with various definitions in different theories of management and economics. Accordingly, its only truly neutral definition is as a debate over economic intangibles . Ambiguous combinations of human capital, instructional capital and… … Wikipedia
intellectual capital — ➔ capital * * * intellectual capital UK US noun [U] ► the value of all the knowledge and ideas of the people in an organization, a society, etc.: »If we are going to retain intellectual capital, we may need to offer our best employees more money … Financial and business terms
Intellectual Capital — was a pioneer webzine opinion and discussion forum begun in 1996 by Pete duPont. After several years it was bought by Speak Out and subsumed into its portfolio of web offerings.External links* [http://www.writerswrite.com/journal/nov97/spot4.htm… … Wikipedia
intellectual capital — A complex concept that includes human knowledge, information systems, brand names, and reputation. One popular definition is given by the equation: intellectual capital = human capital + structural capital + relationship capital Here human… … Accounting dictionary
intellectual capital — A complex concept that includes human knowledge, information systems, brand names, and reputation. One popular definition is given by the equation: intellectual capital = human capital + structural capital + relationship capital Here human… … Big dictionary of business and management
intellectual capital — Fin knowledge which can be used to create value. Intellectual capital includes: human resources, the collective skills, experience, and knowledge of employees; intellectual assets, knowledge which is defined and codified such as a drawing,… … The ultimate business dictionary
intellectual capital — Technical knowledge and expertise held by individuals or an organization. Intellectual capital can be a source of competitive advantage for a business *enterprise. See also *know how. Further reading: Mouritsan (2003); Usoff et al. (2002) … Auditor's dictionary
intellectual capital — noun the value of intellectual property … Wiktionary
Intellectual capital management — The intangible nature of many knowledge products and processes, in combination with the increasing importance of their value in corporate balance sheets leads to a growing interest in management of intellectual capital.See also knowledge… … Wikipedia
Intellectual rights — (from the French droits intellectuels ) is a term sometimes used to refer to the legal protection afforded to owners of intellectual capital. This notion is more commonly referred to as intellectual property , though intellectual rights more… … Wikipedia