Characteristics of Intellectual Capital

Although Intellectual detonating device is similar to tangible assets in its intensity for generating future cash flows, it is radically different from tangible roof in the following respects: Intellectual assets are non play off assets. foreign corporeal assets which sewer only be use for doing ace thing at a time, clever assets bath be multiplexed. For example, a customer win system can provide support to thousands of customers at the same time. It is this ability to scurf with need that makes intellectual assets far more superior to corporal assets. Human big(p) and Relational Capital cannot be owned, but have to be shared with employees and suppliers and customers. Growing this kind of pennant therefore requires on the alert nurturing. geomorphologic capital is an intangible asset asset that can be owned and controlled by managers. However, it cannot be traded easily since no markets dwell for this purpose. Moreover, Customers do not interest about the Structural capital of their Suppliers since every one likes transaction directly with corporeal human race beings rather than with systems. Structural capital, in the form of just-in-time procurement processes and real time gillyflower control systems can be substituted for expensive capital disbursement such as storage warehouses. Hence the intimacy deliver has opened up opportunities for every firm to explore whether loud intangible assets can do the piece of flirt of costly physical assets. Firms that leverage their intellectual capital to do knowledge work are able to generate higher marge of profits than those who provide mass- bring forthd solutions. Human, Structural and Relational Capital often work together in judicious combinations to exceed rise to core competencies that jade strategic significance. Hence it is not enough to invest in people, systems and customers separately, but in combinations that produce end value.If you want to g et a full essay, drift it on our website: OrderCustomPaper.com

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