Research on Intellectual Capital and Its Constitution

In knowledge-economy era, intellectual capital becomes one of the most important resources of enterprise. Market value of intellectual capital is balance of enterprise value and book value. The balance is enlarged with time going. Research on the intellectual capital＇s constitution is needed, The paper applies system theory to research intellectual capital＇s constitution, and puts forward that intellectual capital is constituted by human capital, internal structure capital, external relation capital, knowledge property capital, customer capital, internal motive power capital and innovation capital. These factors interact to bring about excess earnings for enterprise.

Research on Intellectual Capital and Its Constitution