intangible capital

Intangible capital refers to non-physical assets that contribute to a company's value and ability to produce goods or services. Examples include brand reputation, patents, trademarks, proprietary technologies, customer relationships, and employee expertise. These assets are crucial for innovation and competitive advantage but are not tangible like buildings or machinery. Investing in intangible capital enhances a company's growth potential and profitability over time, making it a vital aspect of modern economies where knowledge, branding, and innovation are key drivers of success.