IMPACT OF ORGANISATION BOTTOM-LINE
Keywords:
Intellectual capital, intangible asset, knowledge economyAbstract
Intellectual capital can be defined as the 'economic value' of three categories of intangible assets of a company-thai includes human capital, organizational capital and social capital collectively. Strategic analysts argue that sustained advantage can occur only in the situations in which physical, human, and organizational capital varies across the firms and where some firms may be unable to obtain necessary resources that are benefiting other firms. Intellectual capital is viewed as a sub-set of intangible capital, where the term intangible relates to assets without physical existence and capital refers to assets retained by the organization to contribute to future profits.
References
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Bontis, Nick. 1998. "Intellectual capital : An exploratory study that develops Measures and Models", Management Decision, 36, 2, 63 - 76.7. Bontis, Nick.l996a. "There is price on your head : managing intellectual capital strategically", Business Quarterly, summer, 40 - 47.
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