Cai Mengchen 562131005Theppharit Sae-ting 562132036Jutaporn Areeya 562131001Satjaporn Lampoonphong 562132011
Definition of Intellectual capital General: Intellectual capital management is the concept of identifying,measuring and managingintangibles. Common agreements about IC - IC makes intangibles become tangible. Subject to be object, thus recognizable . -IC makes a vital competitive advantage for a company. -IC makes a theory for interpreting intangibles. Intangibles can create wealth for a company. - IC is more than human resources, also including orgnization process,structure, system.
The emergence of Intellectual Capital Causes for the emergence. -The money-dirven system is in danger in the late 20th century,financial indicators alone are misleading. -Stock prices is chanllenging the traditional balance sheet. The huge difference of market value and book value. -Globaliztion is becoming the trend and transparency ,standardization in business reporting is needed. -Companies has been dedicated to invest in ICT infrastructure. IC can help to better use ICT infrastructure.
Intellectual capital focuses on intangible resources. - Intangible resources can be monitored -Value and performance can be evaluated （external） -Can be better used and managed (internal) Different from traditional accounting system