Zoho Bookings & SalesIQ Alignment

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Knowledge capital

Meaning: 

Knowledge capital refers to the intangible value that a company possesses due to its knowledge, skills, experience, patents, software, and innovative capabilities.

Importance:

It drives long-term growth and productivity for the company.
Knowledge capital provides a competitive advantage over other businesses.


How to understand Knowledge capital :

While it is not a physical asset, it plays a crucial role in a company's success.
Companies leverage their knowledge to develop new products and improve existing ones.


Types of Knowledge capital:  

Human Capital:
Refers to the skills and expertise of employees.

Structural Capital:
Includes processes and systems that support the organization.

Relational Capital:

Represents the relationships a company has with its customers and partners.

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