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Intellectual Capital

Essay by   •  April 18, 2011  •  264 Words (2 Pages)  •  1,282 Views

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Intellectual Capital

Definition:

The sum of knowledge

information,

intellectual property,

talent,

experience,

within a country or an organization

Example:

When the Netscape decided to go public (becomes a public company listed on the stock market) in 1995, it had $17 million USD in sales with 50 employees. After the first day of trading, the stock market in the United States valued Netscape at $3 billion! Individuals and institution had invested in the value of Netscape's people and their knowledge.

Effects of knowledge and intellectual

Positive

* Talent people will discover new and unique products that can attract investors to invest on the company. Thus increasing the country economy.

Negative

* The talent people may migrate to other countries who offer them better paid. As a result, the home country economy to decrease.

Effect on competitiveness and productivity of a company

* The effect of knowledge and intellectual capital have on competitiveness and productivity of a company is it has the benefits of ideas and this is more advantages over their competitors as it has the sauce of wealth.

Why?

* This is because a company's brain, the know-how, intellectual property,

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