Intellectual capital is the difference in value between tangible assets (physical and financial) and market value. This contrasts with physical and financial forms of capital; all three make up the value of an enterprise. Measuring the real value and the total performance of intellectual capital's components is essential for any corporate head who knows how high the stakes have become for corporate survival in the Knowledge Economy and Information Age. So, the main point is how an organization can affect the firm's stock price using the leverage of intellectual assets.
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Famous quotes containing the words intellectual and/or capital:
“The intellectual is a middle-class product; if he is not born into the class he must soon insert himself into it, in order to exist. He is the fine nervous flower of the bourgeoisie.”
—Louise Bogan (1897–1970)
“In bourgeois society capital is independent and has individuality, while the living person is dependent and has no individuality.”
—Karl Marx (1818–1883)