Intellectual Capital

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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  1. Advanced Performance Institute, Suite 8, Network House, North Crawley Road, MK16 9TG, Newport Pagnell, UK Bernard Marr
  1. Bernard Marr
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  1. GSBPP, Naval Postgraduate School, Monterey, CA, USA Mie Augier
  2. Berkeley Research Group, LLC, Emeryville, CA, USA David J. Teece
  3. Haas School of Business, University of California, Berkeley, Berkeley, CA, USA David J. Teece

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Marr, B. (2018). Intellectual Capital. In: Augier, M., Teece, D.J. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-00772-8_317

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