Intellectual Capital Development: The Black Gold of Modern Organisation

Abstract

Stretching and engaging the mind of the human resource within the organization for the sole aim of growth and profitability has birthed a high level of Intellectual capital development. The avoidance of organisational knowledge drain has also give the rise to philosophy supporting knowledge management structures in the organization and the value placement on intellectual capital development as an endowment has led to a growing interest in modern organisations as intellectual knowledge is built, shaped and blended to benefit the workforce. A basic understanding of the intellectual capital flow allows for leveraging of intellect as an asset. To this end, this paper considers intellectual capital development as a source of generated knowledge which is considered a black gold of modern organisation.

Keywords: Intellectual, Capital, Development, Black, Gold, Modern, Organisation

DOI: 10.7176/EJBM/11-14-07

Publication date:May 31^st 2019