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The Pros And Cons Of Intellectual Capital

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1.7.1 intellectual capital Since 1990, intellectual capital has been an interesting topic for researches and practitioners in European countries and Asia as well. Literature provides a number of definitions for intellectual capital; for example, IC is “a stock of focused, organized information that the organization can use for some productive purpose” (Edvinsson & Sullivan 1996, p. 357). Intellectual capital “focuses on organizing the knowledge resources in order to make knowledge manageable and is about actions and activities linked with knowledge, which are not easy to represent” (Mouritsen et al. 2001a: EmidiaVagnoni Chiara Oppi , 2015, p. 335).According to Stewart (1997 p. x Bonitos, 1998, p.65), intellectual capital is “the intellectual…show more content…
It is widely recognized that there are three components of intellectual capital namely human capital, structural capital and relational capital. • Human Capital ;This consists of all intangible resources that exist in the universities such as experience of professors, Know-how, expertise, technical staff, administration staff and students (Secundo et al., 2010). • Structural Capital (also referred to as organizational capital) (Daou et al 2014) ;This refers to knowledge that is stable in the university itself and will remain even if professors expertise and students leave such as , polices , pressures , infrastructure, databases , system, research…show more content…
Dynamic capability the routines that include the essential structure of a firm and the evolutionary that fit between environment and a firm (Makkonen et al., 2014). Dynamic capabilities represent the ability of a firm to create new manufacturing processes and new products/services in order to rapidly respond to changing environments (Helfat et al., 2007; Teece, 1998). Dynamic capabilities also refer to a firm’s ability to integrate, establish, and redeploy internal and external resources into the best configuration in order to be able to create and develop new capabilities (Eisenhardt and Martin, 2000;Wu,
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