search query: @indexterm intellectual capital / total: 172
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| Author: | Stewart, T. A. |
| Title: | Brain power: Who owns it ... How they profit from it |
| Journal: | Fortune
1997 : MAR, VOL. 135:5, p. 64-68 |
| Index terms: | INTELLECTUAL CAPITAL HIGH TECHNOLOGY CORPORATE CULTURE HUMAN CAPITAL |
| Language: | eng |
| Abstract: | America is now built on intellectual capital, which is changing everything. In knowledge-intensive companies, it's not clear who owns the company, it's tools, or it's products. The change upsets the nature and governance of corporations. Much of the value of a company can be human capital, between one's ears. Thinking and invention are the assets upon which knowledge work and knowledge companies depend. The question for companies is how to acquire as much human capital as they can use profitably. To create human capital, a company needs to foster teamwork, communities of practice and other social forms of learning. Interdisciplinary teams capture, formalize and capitalize talent; it becomes less dependent on any individual. Also employee stock ownership is widespread in knowledge-intensive business. |
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