IC can be evaluated as a metaphor, namely a connection between two important concepts with great importance:
be spiritual and capital. Those two concepts are in antithesis: capital reveals the financial well-being based on
tangible assets, while the term intellectual refers to intangibles assets. Those two terms are brought together in an
integrated concept that describe two aspects or types of the economic processes: one based on tangible assets related
to capital concept and the second based on knowledge representation related to the impact of the knowledge based
society upon the general production factors evolution where neo-factor has appeared and are more used in
organizations [1].Over the last years many authors have tried to capture the essence of IC concept. A synthesis of the
IC definitions and approaches that are relevant to the presented research context, are summarized in Table 1.The
presented definitions and the associated concepts provide a useful framework for understanding the role of IC.
Furthermore, in the last decade IC management became an important factor for generating competitive advantage
through the increasing concern about organizational performance (mainly determine by the actual scarcity problem
of resources). That is why many scientists discuss about the new approaches of organizational success, from the
perspective of IC management