What are the three types of intellectual capital?

What are the three types of intellectual capital?

Intellectual capital is most commonly broken down into three categories: human capital, relationship capital, and structural capital.

What is intellectual capital and its types?

Intellectual Capital: Intellectual capital in this study was defined as the total stocks of all kinds of intangible assets, knowledge, capabilities, and relationships, etc, at employee level and organization level within a company, and can most commonly be split into three types: human capital, structural capital, and ...

What are examples of intellectual capital?

Examples of intellectual capital are the expertise needed to process a complicated production procedure, the development of a secret recipe for a food product, and a high level of business training given to a consulting firm's employees.

What are the classification of intellectual capital?

Within Scandia Navigator model intellectual capital is divided into human capital, customer capital, process capital and innovation capital. Process capital, related to the procedures of the company's internal processes, and innovation capital, that represents the ability to innovate products and processes.

What are the types of capital?

Different types of capital

• Financial capital. ...
• Economic capital. ...
• Constructed or manufactured capital. ...
• Human capital. ...
• Social capital. ...
• Intellectual capital. ...
• Cultural capital. ...
• Experiential capital.

What is intellectual capital in business?

Intellectual Capital is an organization's registered knowledge value and it functions as a composi- tion of knowledge, skills, experience, and information that influence the present and future success of the business and establish its rank in comparison with the other firms.

How do you identify intellectual capital?

Explanation. Intellectual capital is considered as a business asset as any organization contributes for employee training, enhancing customers relationship, product development, goodwill. It is determined by subtracting the fair value of the company's net identifiable assets from the total purchase price.

What are the elements of intellectual capital?

Many practitioners suggest that Intellectual capital consists of three elements:

• Human capital.
• Structural capital (or organizational capital)
• Relational (customer) capital.

What are 2 types of capital?

In business and economics, the two most common types of capital are financial and human.

What are the 6 types of capital?

It defines the six capitals which are: financial capital; manufacturing capital; human capital; social and relationship capital; intellectual capital and, natural capital.