Definition of intellectual capital
A pioneer in the Intellectual Capital was Karl-Eric Sveiby[Sveiby, K., 1989, 1997, 2001], in The Invisible Balance Sheet. It’s a key work in the development of thinking about Intellectual Capital. Then Intellectual Capital became popular in the early and mid 1990s.
In the early and mid 1990s there was an increasing awareness in the business community that knowledge was an important organizational resource that needed to be nurtured, sustained, and if possible accounted. They realized that internal communication and information sharing was often lacking. Intellectual Capital is a token of the recognition of the importance of information and knowledge. Peter Drucker, put it:
We now know that the source of wealth is something, specifically human knowledge. If we apply knowledge to tasks that we obviously know how to do, we call it productivity. If we apply knowledge to tasks that are new and different, we call it innovation. Only knowledge allows us to achieve those two goals.
Intellectual Capital was first defined as having two major components, information and knowledge capital, and structural capital. Information and knowledge capital was the organization’s information and knowledge in informal, formal, structured, and also unstructured. The structural capital was the mechanisms in place to take advantage of the information and knowledge capital, the mechanisms to capture, store, retrieve, and communicate that information and knowledge.
Source: SHARE OF KNOWLEDGE
You might also like:
Chomsky on the World Social Forum
Preparatory to Porto Alegre
Compiled from diverse email and radio interviews in the week before the World Social Forum in Porto Alegre
Why have you decided to participate in the WSF? What do you think of it?
Two meetings are taking place pretty much at same time. One is the Davos meeting of 'the masters of the universe,' to borrow the term used by th...its programs for militarization of space as necessary to protect US commercial interests and investments, pointing out -- accurately -- that in the past armies and navies were developed for the same purposes. The relations of the Bush administration with this sector are somewhat different than that of other presidents, but not much. All are committed to the same basic objectives of global contro
Chomsky on 9.11
The New War Against Terror
October 18, 2001 - Transcribed from audio
recorded at The Technology & Culture Forum at MIT
Everyone knows its the TV people who run the world [crowd laugher]. I just got orders that Im supposed to be here, not there. Well the last talk I gave at this forum was on a light pleasant topic. It was about how humans are an endangered species and given t...work [audience laughter]. And then it was going to be Infinite Justice, but the PR agents said, wait a minute, you are sounding like you are divinity. So that wouldnt work. And then it was changed to enduring freedom. We know what that means. But nobody has yet pointed out, fortunately, that there is an ambiguity there. To endure means to suffer. [audience laughter]. And a there are plenty of p
In Defense of Participatory Economics
In Defense of Participatory Economics
by Robin Hahnel, Professor of Economics
American University, Washington DC
In the shadow of the collapse of Communism, and very far from the public eye, a debate over what is a desirable economy has rekindled among a few who cannot convince themselves that human beings are not deserving and capable of better than capitalism. In the past de... industries the full social benefits of their innovation will be both realized and spread to all workers and consumers.
The faster the adjustments are made, the more efficient and equitable the outcome. On the other hand, the more rapid the adjustments, the less the 'material incentive' to innovate and the greater the incentive to 'ride for free' on the innovations of others. But a partici
Significant amendments to the North Carolina Beer Franchise Law — Lexology
The bill strengthens the definition of “brand” as pertains to beer, by codifying the definition that currently exists in the North Carolina Administrative Code, 4 NCAC 2T.0103, within the statutes of the Beer Franchise Law. The codification of this …
Transformative HR: How Great Companies Use Evidence-Based Change for Sustainable Advantage
The disability-adjusted life year (DALY) definition, measurement and potential use: By Nuria Homedes (Human Capital Development working papers)
Book (World Bank)
Guidelines for the uniform definition, identification, and measurement of economic damages from natural hazard events : with comments on historical assets, human capital, and natural capital
Book (Institute of Behavioral Science, University of Colorado)
- Buying intellectual capital
- Definition of financial capital
- Definition of intellectual company
- Explain intellectual capital
- Definition of intellectual property