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Intellectual Capital

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The Palgrave Encyclopedia of Strategic Management
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Abstract

Intellectual capital is an important production factor and often the basis for competitive advantages. Together with physical and financial capital, intellectual capital completes the set of organizational resources. The multifaceted concept of intellectual capital has found its way into many diverse management disciplines (Marr 2005). Different definitions of intellectual capital exist in various disciplines and theories and a multitude of words is used to describe the concept (Marr and Moustaghfir 2005). Terms such as assets, resources or performance drivers are used interchangeably and combined with terms such as intangible, knowledge-based or non-financial.

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Correspondence to Bernard Marr .

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Marr, B. (2016). Intellectual Capital. In: Augier, M., Teece, D. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-94848-2_317-1

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  • DOI: https://doi.org/10.1057/978-1-349-94848-2_317-1

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  • Publisher Name: Palgrave Macmillan, London

  • Online ISBN: 978-1-349-94848-2

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