Intellectual Capital

Intellectual Capital 

An intangible asset of skill, knowledge and information.

(Treasury Board of Canada Secretariat)

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As Thomas Stewart stated, intellectual capital is the sum of everything everybody in a company knows that gives it a competitive edge.

Properly formalized, captured and leveraged, intellectual capital can be used to produce a higher value asset. The challenge then is to identify and develop both the knowledge assets of your organization and the management processes that can be used to enhance them. This is called learning capability. It requires the measurement, the management, and the conscious growth of intellectual capital – both at an individual and at an organizational level.