The ignorance of IC entails that it will not attract sufficient management attention due to which its value added capacities will not be fully exploited. One of the effects of not reporting on IC externally is that investors lack information on the development of a company’s intangible resources due to which investors’ risk perception will be higher. Companies with large IC resources may have problems with finding funds on attractive conditions, as lack of information about investments in IC could lead to an underestimation of future earnings. The Dutch Ministry of Economic Affairs (1998) stated that these inefficiencies in acquiring funds slow growth and erode competitive advantage for companies in particular and for society in general.