Intellectual capital managementIntellectual capital is the sum of all knowledge; implying that knowledge that exists at different levels both within or outside the organisation has to be taken into account for intellectual capital. The intangible nature of many knowledge products and processes, in combination with the increasing importance of their value in corporate balance sheets leads to a growing interest in management of intellectual capital.
Structural capitalStructural capital is one of the three primary components of intellectual capital, and consists of the supportive infrastructure, processes, and databases of the organisation that enable human capital to function. Structural capital is owned by an organization and remains with an organization even when people leave. It includes: capabilities, routines, methods, procedures and methodologies embedded in organisation.
National Intangible CapitalNational Intangible Capital (NIC) performance for 59 countries 2014 as measured by the ELSS (Edvinsson-Lin-Ståhle-Ståhle) methodology for measuring stock of national intangible capital, economic impacts and efficiency of NIC: Research is supported as an initiative by The New Club of Paris.
Intangible assetAn intangible asset is an asset that lacks physical substance. Examples are patents, copyright, franchises, goodwill, trademarks, and trade names, reputation, R&D, know-how, organizational capital as well as any form of digital asset such as software and data. This is in contrast to physical assets (machinery, buildings, etc.) and financial assets (government securities, etc.). Intangible assets are usually very difficult to value.Relational capitalRelational capital is one of the three primary components of intellectual capital, and is the value inherent in a company's relationships with its customers, vendors, and other important constituencies. It also includes knowledge, capabilities, procedures and systems which are developed from relationships with external agents.
Intellectual propertyIntellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, copyrights, trademarks, and trade secrets. The modern concept of intellectual property was developed in England in the 17th and 18th centuries.
Knowledge managementKnowledge management (KM) refers to a range of processes focused on organizational awareness, learning, collaboration, and innovation. It involves using and sharing knowledge to support an organization's goals.Human capitalHuman capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process in business or trade. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that investments in human capital generate high economic returns throughout childhood and young adulthood.
KnowledgeAwareness of facts, or competencyThe owl of Athena, a symbol of knowledge in the Western worldKnowledge is an awareness of facts (descriptive knowledge), a familiarity with individuals and situations (knowledge by acquaintance), or a practical skill (procedural knowledge). Descriptive knowledge, also called propositional knowledge, is often characterized as true belief that is distinct from opinion or guesswork by virtue of justification.
Financial statementIn finance and accounting, financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand.
OrganizationAn organization or organisation (Commonwealth English; see spelling differences) is an entity—such as a company, or corporation or an institution (formal organization), or an association—comprising one or more people and having a particular purpose. Organizations may also operate secretly or illegally in the case of secret societies, criminal organizations, and resistance movements.
EmploymentEmployment is a relationship between two partiesregulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work.
Structural capitalStructural capital is one of the three primary components of intellectual capital, and consists of the supportive infrastructure, processes, and databases of the organisation that enable human capital to function. Structural capital is owned by an organization and remains with an organization even when people leave. It includes: capabilities, routines, methods, procedures and methodologies embedded in organisation.National Intangible CapitalNational Intangible Capital (NIC) performance for 59 countries 2014 as measured by the ELSS (Edvinsson-Lin-Ståhle-Ståhle) methodology for measuring stock of national intangible capital, economic impacts and efficiency of NIC: Research is supported as an initiative by The New Club of Paris.Intangible assetAn intangible asset is an asset that lacks physical substance. Examples are patents, copyright, franchises, goodwill, trademarks, and trade names, reputation, R&D, know-how, organizational capital as well as any form of digital asset such as software and data. This is in contrast to physical assets (machinery, buildings, etc.) and financial assets (government securities, etc.). Intangible assets are usually very difficult to value.Relational capitalRelational capital is one of the three primary components of intellectual capital, and is the value inherent in a company's relationships with its customers, vendors, and other important constituencies. It also includes knowledge, capabilities, procedures and systems which are developed from relationships with external agents.Intellectual propertyIntellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, copyrights, trademarks, and trade secrets. The modern concept of intellectual property was developed in England in the 17th and 18th centuries.Knowledge managementKnowledge management (KM) refers to a range of processes focused on organizational awareness, learning, collaboration, and innovation. It involves using and sharing knowledge to support an organization's goals.Human capitalHuman capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process in business or trade. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that investments in human capital generate high economic returns throughout childhood and young adulthood.KnowledgeAwareness of facts, or competencyThe owl of Athena, a symbol of knowledge in the Western worldKnowledge is an awareness of facts (descriptive knowledge), a familiarity with individuals and situations (knowledge by acquaintance), or a practical skill (procedural knowledge). Descriptive knowledge, also called propositional knowledge, is often characterized as true belief that is distinct from opinion or guesswork by virtue of justification.Financial statementIn finance and accounting, financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand.OrganizationAn organization or organisation (Commonwealth English; see spelling differences) is an entity—such as a company, or corporation or an institution (formal organization), or an association—comprising one or more people and having a particular purpose. Organizations may also operate secretly or illegally in the case of secret societies, criminal organizations, and resistance movements.EmploymentEmployment is a relationship between two partiesregulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work.*As an Amazon Associate I earn from qualifying purchases.