Abstract
Intellectual capital is the market value of an asset minus its book value. Strictly speaking it is the brain premium bestowed on physical and financial assets as a result of the ideas contained within those assets. Intellectual capital (IC) may be stratified to include human, structural, and relationship capital. Human capital is, as the name implies, the value that people add to an organization; structural IC is typified by patents, trademarks, copyrights, and organizational facilities and procedures such as Intel’s ability to develop an improved computer processor.
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Gross, C.M. (2013). Open Innovation and Intellectual Capital. In: Too Good To Fail. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-319-00281-1_1
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