Intellectual Capital

Intellectual Capital

H Hsu (Southern Illinois University, USA, Southern Illinois University, USA)
Copyright: © 2006 |Pages: 7
DOI: 10.4018/978-1-59140-573-3.ch036


Today’s economy is characterized by a rapid rate of change, globalization, and knowledge-intensive products. This makes knowledge management (KM) vital to organizations. The resource-based view of the firm postulates that a firm’s profitability is not only a function of its market and competitive position but also a function of its internal capabilities and know-how in combining its resources to deliver products and services and to enhance organizational performance (Alavi, 2000).

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