Capital for Our Time: The Economic, Legal, and Management Challenges of Intellectual Capital (Hoover Institution Press Publication)

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Summary: Intellectual Capital Review
Review: It is interesting in today's world to see books that remond us all the present and future value of intellectual capital. It is unfortunate the book does not focus on the de-valuation of intellectual capital when downsizing occurs in an organisation. The cost of replacing the intellectual capital does never figure in anual reports, it is 'hidden' by other standard costs, such as employee related costs, equipments, etc. We need to establish a quantification method, so that intellectual capital replacement is thoroughly investigated.