Intellectual Capital

Intellectual capital refers to the intangible assets of an organization that contribute to its value and ability to compete. It encompasses three main components: human capital (the skills, knowledge, and experience of employees), structural capital (the systems, processes, and culture that support innovation), and relational capital (the relationships and networks a company has with customers, partners, and stakeholders). Together, these elements help an organization generate innovation, improve efficiency, and build a strong market presence, ultimately enhancing its overall success and sustainability.