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What is Intellectual Capital (IC)

Encyclopedia of Information Science and Technology, Second Edition
The “stock” of knowledge that exists in an organization, that can be used for generating value for stakeholders ( Bontis, Crossan, & Hulland 2002 ).
Published in Chapter:
Managing Organizational Knowledge in the Age of Social Computing
V. P. Kochikar (Infosys Technologies Ltd., India)
DOI: 10.4018/978-1-60566-026-4.ch398
Abstract
Technology, since the days of the Industrial Revolution, has been used by large corporations, such as factories and the railways, to great advantage. Starting around the end of the 19th century, technology began to be used directly by the consumer, but remained essentially a means of satisfying a personal need, such as lighting or listening to music. In the past decade, as technologies such as e-mail, Web, Weblogs (blogs), Wikis, and instant messaging have become pervasive, the way technology is used by individuals has changed—it has increasingly been put to use to meet social needs, such as interaction, sharing, and networking. This new paradigm of technology use, and the technologies that have enabled it, may be termed social computing. By its very nature, social computing facilitates the sharing and leveraging of knowledge residing within a community of people. In this article, we discuss how social computing can act as the primary mechanism that enables the management of knowledge within an organization.
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More Results
Strategic Knowledge Management in Public Organizations
Knowledge and know-how possessed by an individual or an organization that can be converted into value in markets. Roughly the same as the concept of intangible assets.
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The Movement of Senior Staff and Their Competencies Between Enterprises in a High Technology Cluster
The collective knowledge of individuals or employees in society or an organization, which can be used to generate wealth, increase output and gain competitive advantage.
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Critical Analysis of International Guidelines for the Management of Knowledge Resources
A framing device for understanding Knowledge Resources and related elements. See also Knowledge Resources.
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Human Capital Development
IC refers to the intangible assets (e.g., the intellectual material, knowledge, experience, intellectual property, and information) that a business can use to create wealth.
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