Definition
Intellectual Capital comprises non-physical assets such as knowledge, information, intellectual property, and experience that contribute to an organization`s competitive advantage.
Frequently asked questions
Does intellectual capital encompass all of an organization`s intangible assets knowledge skills and information?
Yes, intellectual capital covers all non-physical assets. This includes knowledge, skills, and information.
Why are intangible assets important to a company?
Intangible assets are important because they add value to a company. They can be things like a well-known brand or unique technology, which help a business succeed.
What are the benefits of intellectual capital?
Intellectual capital boosts innovation and efficiency. It helps in creating new products or services. It also strengthens customer relationships.