Intellectual Capitalism
The knowledge economy demands that firms leverage their knowledge assets or 'intellectual capital' to compete more effectively. The concept explains the three strands of intellectual capital - human, social and organisational capitals - and uses case studies to examine how firms are creating more value through their intellectual capital.
Technique Overview
Intellectual Capitalism Definition
Intellectual capitalism (IC) can be interpreted as a convergence of a capitalist economy and a knowledge or information economy. It refers to an economic system with basic capitalist institutions in which productive assets and processes, as well as commercial transactions and products, are predominantly intellectual or non-material rather than physical in nature. IC normally involves or is referred to as intellectual capital, private property rights, private profit, competitive markets and free enterprise (Grandstand, 1999).
Intellectual Capitalism Description *
* The full technique overview will be available soon. Contact us to register your interest in our business management platform, and learn all about Intellectual Capitalism.
Business Evidence
Strengths, weaknesses and examples of Intellectual Capitalism *
* The business evidence section is for premium members only. Please contact us about accessing the Business Evidence.
Business Application
Implementation, success factors and measures of Intellectual Capitalism *
* The business application section is for premium members only. Please contact us about accessing the Business application.
Professional Tools
Intellectual Capitalism videos and downloads *
* The professional tools section is for premium members only. Please contact us about accessing the professional tools.
Further Reading
Intellectual Capitalism web and print resources *
Intellectual Capitalism references (4 of up to 20) *
- Andriessen, D. (2006) On the metaphorical nature of intellectual capital: a textual analysis, Journal of Intellectual Capital, vol. 7(1), pp.93-110.
- Barrett, B. (2011) Developing and Implementing Strategies to Enhance Intellectual Capital in the Online Learning Environment, Proceedings of the 3rd European Conference on Intellectual CapitalAcademic Conferences Limited, pp.62.
- Bontis, N. (1998) Intellectual capital: an exploratory study that develops measures and models, Management Decision, 36(2), pp.63–76
- Bontis, N. (1997), Royal Bank invests in knowledge-based industries, Knowledge Inc., 2(8).
* The further reading section is for premium members only. Please contact us about accessing the further reading.
Learn more about KnowledgeBrief Manage and how you can equip yourself with the knowledge to succeed on Intellectual Capitalism and hundreds of other essential business management techniques