Intellectual Capital: The New Wealth of Organization shows how to turn unexplored knowledge of one organization into its greatest competitive strategies. The author, Thomas A. Steward presents how knowledge has become the most important factor in economic life.


Through practical advice, study cases, and stories, this book reveals how individuals and organizations can create and use the knowledge assets they need. Knowledge management in the organization should not constantly ‘reinventing the wheel’, instead once the wheel has been invented it should be constantly updated. One way to do this is by creating a digital warehouse where every invented ‘wheel’ will be stored, and everyone will have access to the wheel in order to learn it and updated it.

Finally, Intellectual Capital shows how the economy really works in this Information Age.