Intellectual Capital
Essay title: Intellectual Capital
Intellectual Capital
Definition:
The sum of knowledge
information,
intellectual property,
talent,
experience,
within a country or an organization
Example:
When the Netscape decided to go public (becomes a public company listed on the stock market) in 1995, it had $17 million USD in sales with 50 employees. After the first day of trading, the stock market in the United States valued Netscape at $3 billion! Individuals and institution had invested in the value of Netscape’s people and their knowledge.
Effects of knowledge and intellectual
Positive
Talent people will discover new and unique products that can attract investors to invest on the company. Thus increasing the country economy.
Negative