the sum of everything the people of an organization know which can be converted into value or formalized, captured, and leveraged to produce a higher-valued asset. This is actually one of a family of terms--such as social and process capital--used to identify types of knowledge assets. View records related to this term
Intellectual Capital represents the knowledge assets of an organization in terms of data, information, and wisdom as well as the tools that augment the use of this information/knowledge. An organization's intellectual capital may be divided into three elements that can be measured and targeted for investment: human capital, structural capital, and customer capital.
The value, or potential value, of an organisation's intellectual assets (or knowledge assets). An attempt by organisations to place a financial value on their knowledge. Intellectual capital is often defined as the combination of three sub-categories: human capital, structural capital and customer capital.
is in financial terms the difference between the book value of an organization (based on tangible assets) and the market value.
The combined value of an organisation's people and business systems - the intangible assets of a business therefore. Business systems are another way of describing the technology, business processes and procedures within your business. Poor business systems will reduce or destroy the value of people assets. Good business systems will amplify the value of people assets as their knowledge and skills can be retained within a business and used on a continual basis. See also Intangible Asset
The sum of ‘hidden' assets of a company. It comprises human resources, knowledge, intellectual property and stakeholder relationships.
E.g., the commercial value of trademarks, licenses, brand names, formulations, and patents [Carla O'Dell & C.Jackson Grayson].
Is the possession of the knowledge, applied experience, and professional skills which when properly motivated, translatet into customer relationships and can provide the organization with a competitive edge in the marketplace.
The value placed on an organization’s intellectual assets.
refers to the commercial value of trademarks, licenses, brand names, formulations, and patents. ()
an increasingly popular classification divides intellectual assets into three categories: Human Capital - that in the minds of individuals: knowledge, competencies, experience, know-how Structural Capital – ‘that which is left after employees go home for the night’: processes, information systems, databases etc Customer Capital - customer relationships, brands, trademarks etc
The value of an organisation that is not captured in its traditional financial accounts. It represents the intangible assets of an organisation and is the difference between market and book value. Commonly defined components are human capital, structural capital and customer capital.
A company's intellectual capital has become a key corporate asset. It can be defined as the sum of all the knowledge, information and experience of a company's workforce that can create wealth or provide competitive advantage. This reservoir of knowledge, which includes both tacit and explicit knowledge, grows with the learning that takes place within the organisation and as a result of the shared interactions between the company and its customers, partners and suppliers.
The intangible assets, and the capability to create more of said assets, of an enterprise that include the structural, customer, and human dimensions understood as the knowledge produced and embedded in systems, the relationships and affiliations of the enterprise and its people, and the skills and capabilities of employees.
Consists of indirect assets – organizational knowledge, customer satisfaction, product innovation, employee morale, patents, and trademarks – that never appear in its financial reports.
Knowledge that is of value to an organization-made up of human capital, structural capital, and customer capital ( Intellectual Capital: Realizing Your Company's True Value by Finding Its Hidden Brainpower, by Leif Edvinsson and Michael S. Malone, HarperCollins, 1997).
Representation of the financial value that human innovations, inventions, and intelligence bring to a business enterprise.
The value of a company's collective experience and knowledge at performing certain tasks or innovating for the future. Good technical writing is considered an investment in intellectual capital.
Intellectual capital is a term with various definitions in different theories of economics. Accordingly its only truly neutral definition is as a debate over economic "intangibles". Ambiguous combinations of instructional capital and individual capital employed in productive enterprise are usually what is meant by the term, when it is used to actually refer to a capital asset whose yield is intellectual rights.