What is Intellectual Capital

Set of intangible assets based on knowledge and access to the evolution of resources in a system of value creation, through the achievement of sustainable competitive advantages.

The sum of the knowledge an organization is able to leverage in the process of conducting business to gain competitive advantage.

Collective knowledge and informational assets.

Various definitions in the literature including: “The collection of intangible resources and their flows” where resources equal “any factor that contributes to the value generating processes of the company and is, more or less directly under the control of the company itself”. Bontis N, Dragonetti NC, Jacobsen K, & Roos G (1999) Knowledge and knowing capability of the collectivity. Nahapiet J & Ghoshal S (1998) “Everything everybody in a company knows that gives it a competitive edge” Stewart TA (1997)

Is non-monitory invisible asset (not revealed on the balance sheet), knowledge, and capabilities of a company that have been formalized and leveraged; significantly contribute to the provision of the organizational strategy and competitive advantage.

Is acknowledged as a dominant and powerful intangible asset of organizations, strongly connected to performance management and human capital, having a positive influence on development, growth and inclusive sustainable and responsible entrepreneurship methods, models, and strategies.

The new economy in a globalized society requires new technologies and a computerization of the entire activity, transforming knowledge into a key resource, which is the strength of the new economic context, thus showing that information technology, in general, and information systems, in particular, have changed the business world, their influence being increasingly important in the management of business processes as more and more activities have become particularly efficient through automation, benefiting from the support of modern information systems, well developed and functional, oriented both towards the processes and activities of the business itself and towards the relationship with third parties, opening the way to the future-oriented organizational culture.

Hidden intangible assets based on the human knowledge that are not entirely reported in the financial statement of the enterprise and are playing significant role in the knowledge-based economy.

Sum of human capital, structural capital, and relational capital. It is any factor that contributes to the value generating processes of the company.

The sum total of the thoughts and non-tangible production of a group or country.

It is formed by the combination of human, structural, and relational capital.

A set of human, structural, and relational intangibles owned by the organization.

A set of knowledge, applied experience, organizational technology, customer relationships, and professional skills that give a company a competitive advantage in the market.

Knowledge assets of the organization, commonly thought to be made up of human capital (job-related knowledge), structural capital (persisting knowledge assets of the organization such as systems or culture), and relational capital (knowledge relating to external entities).

A set of human, structural, and relational intangibles owned by the organization.

Set of intangible assets based on knowledge and access to the evolution of resources in a system of value creation, through the achievement of sustainable competitive advantages.

The sum of the knowledge an organization is able to leverage in the process of conducting business to gain competitive advantage.

Knowledge assets of the organization, commonly thought to be made up of human capital (job-related knowledge), structural capital (persisting knowledge assets of the organization such as systems or culture), and relational capital (knowledge relating to external entities).

Identification and measurement of intangible assets.

Can be defined as the difference between a firm’s market value and the cost of replacing its assets. Components of intellectual capital consist of human capital (HC), structural capital (SC) and relational (external) capital (RC).

Collective knowledge of the individuals in an organization or society. This knowledge can be used to produce wealth, multiply output of physical assets, gain competitive advantage, and/or to enhance value of other types of capital. Intellectual capital includes customer capital, human capital, intellectual property, and structural capital.

Combination of human, structural and relational capital.

The value of a company or organization's employee knowledge, business training and any proprietary data or information that may provide the company with a competitive advantage. Intellectual capital is considered an asset, and can broadly be defined as the collection of all informational resources a company has at its disposal that can be used to drive profits, gain new customers, create new products, or otherwise improve the business.

Intellectual Capital is the knowledge of an organization’s human resource that can be used for money-making or other useful purposes or any other information or knowledge that provides the organization with a competitive advantage. In other words, it is an asset of the company as it is the informational resource that the company can use at its disposal to make profits, attract customers, create a new product, enhance existing products, or improve business

Knowledge assets of the organization, commonly thought to be made up of human capital (job-related knowledge), structural capital (persisting knowledge assets of the organization such as systems or culture), and relational capital (knowledge relating to external entities).

Knowledge built by a diversity of stakeholders in a collaborative process by sharing, confronting and debate different types of knowledge for joint problem solving (cf. Grimaldi et al., 2013 , Nonaka et al., 2000 ).

Is seen as a highly complex notion with multiple roles and functions, which embodies a dynamic system of intangible resources and activities that possess the capacity to ensure and to enhance the sustainable competitive advantage of organizations over time.

Knowledge that can be converted into value.

The set of intangible assets linked to the human, structural, and relational areas present at a given time in a company, and which are part of its value creating process.

A firm’s intangible and non-monetary assets (e.g., knowledge, intellectual property) that contribute to achieve its value creation and competitive advantage in market.

All nonmonetary and nonphysical resources and capabilities that are fully or partly controlled by the organization that contribute to the organization’s value creation.

The value of all the knowledge and ideas of the people in an organization, or a society.

Knowledge assets of the organization, commonly thought to be made up of human capital (job-related knowledge), structural capital (persisting knowledge assets of the organization such as systems or culture), and relational capital (knowledge relating to external entities).

A bundle of knowledge and resources that exist within an organization. This includes the human capital and social capital held by the various members of the organization.

It is the sort of capital defined by the combination of human capital, relational capital, and structural capital.

Knowledge, skills and production experience of specific people and intangible assets, including patents, databases, software, trademarks, etc. that are productively used to maximize profits and other economic and technical results.

The capacity of a certain company to turn its knowledge and intangible assets into wealth as well as resource production is referred to as intellectual capital. The process of obtaining the value of knowledge is seen as the management of intellectual capital.

Wealth created by investments in intellect, experience, skills, information, knowledge, training, technology, spirituality, autonomism, Unitarianism, and customer relations.

It refers to the skills and knowledge possessed by an individual or organization, regarded as an intangible resource or asset, and which give value to the organization.

Knowledge and other intellectual resources key for the success of enterprises, regions, and nations in the knowledge economy.

Intellectual capital is a set of knowledge-based resources and processes that contribute to the sustained competitive advantage of the firm. The most commonly shared view is that intellectual capital consists of three basic elements: human capital (skills and know-how of the people in the organization), structural capital (organizational infrastructures and processes) and relational capital (relationships with clients, suppliers and other significant stakeholders, image, brand).

The sum of intangible assets that contribute to a company's competitive advantage. These assets comprise of the expertise of employees, organizational processes, and entirety of knowledge contained within the organization.

Can be divided into three categories.

The amount by which the market value of a firm exceeds its tangible assets less liabilities (physical-financial)

The representation of the combined knowledge resources of the organization, which is largely the result of the use, dissemination, application and connection of knowledge within organizations.

It is one of the most delicate, engaging, cunning and volatile concept available in today’s modern society, referring in the same time or separately (depending on the circumstances) to the influence of non-material factors on the economy or to the intangible assets and factors of the organizational work, addressing a new vision for competing with the future for the organizations – far from the traditional one, stressing the importance of individuals, enterprises, institutions, communities, countries hidden potential and values on the society, the economy and the environment capable to cultivate creativity and wellbeing.