Intellectual capital or the abilities, skills, attitudes, knowledge, and values of those who make up a company have a value and are considered an intangible asset, which is why it is often called “capital or human”.
We have conceptualized intangible assets as anything that could give its owner an economic value, advantage, or benefit of any kind over competitors. Intellectual capital can undoubtedly represent an advantage for a company over its competitors.
As we have stated, the method of valuation of an intangible asset depends on the purpose that the owner has for its valuation, but it could be considered that the guiding axes of the valuation of intellectual capital as an intangible asset are:
- Financial approach that a collaborator may have with the organization.
- Customer service,
- Ability to develop and follow implemented processes or policies,
- Capacity for Innovation and Development and,
- Orientation or human sensitivity.
This factors of the collaborators and the contribution they have to the intellectual capital of an organization are another reason to care for and encourage employees to continue within the company; the constant rotation, the lack of opportunities for growth and improvement have a direct impact on the performance of the collaborators, which reduces the value of intellectual capital.
Lic. María Galaviz.
Gloria Ponce de León & Hernández.