Having the Knowledge
Assets can only create value when we know how to put them to work. This is also true for intellectual capital. The problem with intellectual capital is that we cannot see or feel it. For that reason the process of identification and valuation is harder than for physical assets. Still, as intellectual capital is the main driver behind value creation, we need to manage it carefully and more actively. By identifying intellectual capital and understanding its role in value creation, companies as well as investors gain better knowledge how to put this capital to work.