Intellectual Capital as Value Adding Element in Knowledge Management

A lot of organizations have already dealt with creating, keeping, sharing and multiplying their knowledge. The current trends do not lead only to better and proper execution of these well-known knowledge management processes, but they also try to achieve the right knowledge management performance as part of the business performance. In this meaning organizations have to bring their knowledge management into line with corporate strategy and this way they can make sure that organizational goals will be achieved. The paper is focusing on intellectual capital model as a measurement system for evaluation both internal and external knowledge management activities and results.