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Open Innovation and Intellectual Capital

In: Too Good To Fail

Author

Listed:
  • Clifford M. Gross

    (Tekcapital Limited)

Abstract

Intellectual capital is the market value of an asset minus its book value. Strictly speaking it is the brain premium bestowed on physical and financial assets as a result of the ideas contained within those assets. Intellectual capital (IC) may be stratified to include human, structural, and relationship capital. Human capital is, as the name implies, the value that people add to an organization; structural IC is typified by patents, trademarks, copyrights, and organizational facilities and procedures such as Intel’s ability to develop an improved computer processor.

Suggested Citation

  • Clifford M. Gross, 2013. "Open Innovation and Intellectual Capital," Management for Professionals, in: Too Good To Fail, edition 127, chapter 0, pages 1-10, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-319-00281-1_1
    DOI: 10.1007/978-3-319-00281-1_1
    as

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