In the new economy, Intellectual Capital (IC) has been identified as one of the most important factors in driving economic growth. Rapid globalization characterized by advances in technology, research and development and increasing competition has been essentially driven by growth in IC....

The term ‘intellectual capital' is normally taken as a misnomer, often understood to be of relevance to only high-technology industries and information and communication technology companies. But, it is important to understand that intellectual capital is essentially relevant to every business...