Valuation and optimization of intellectual capital

Resumen

Intellectual capital is the pre-eminent resource for creating economic wealth. Tangible assets such as property, plant, and equipment continue to be important factors in the production of both goods and services. However, their relative importance has decreased through time as the importance of intangible, knowledge-based assets has increased the importance in developing and maintaining competitive advantage, value creation and competitiveness. This paper prescribes policies for optimizing intangible assets such as Intellectual Capital or, in other words, how and where the organization should invest, at a minimum effort, in order to improve its market value and competitiveness in the technology-driven world.