Exploiting Intellectual and Collaborative Capital for Innovation in Knowledge-Intensive Industries

Development of intellectual capital, in conjunction with collaborative capabilities, is particularly important to continuously generating innovation. In the literature to date, the link between collaborative and intellectual capital, although key assets in knowledge-intensive industries, has rarely been investigated. This chapter introduces a model illustrating the interaction between human, intellectual, and structural capital, and their interplay. Several propositions are also derived in view of the need for companies to harness these three types of capital which are integral to implicit knowledge generation and leveraging the dynamic capabilities of the organization. As a consequence, team-based organizational forms are considered to be the most appropriate collaborative pattern for knowledge-intensive industries. This suggests that companies must increasingly focus on building valuable collaborative capital using flexible forms of organization in order to perpetuate successful product innovations.