This study provides information about intellectual capital terminology both in terms of capital
accounting and managerial perspective. In evaluating these terms, it is important that intangibles to
be well understood in order to demarcate the area of activity of each term for determining correlations
and interdependencies between them and identifying the concept of better defined and quantified for
evaluating performance through the impact of intangible factors.
It is noted that all terms used in defining the concept of intellectual capital express the same
aspect: invisible knowledge of an entity. In terms of compensation between terms, the concept of
intellectual capital is the broadest in scope, including in its area of action, all terms stated, without
providing information for quantification the intangible knowledge of an enterprise, while intellectualproperty is component part of intangible assets, easily quantifiable, by recognizing a legal right to use
them.
In terms of research area, we make a differentiation between accountants scientists and unaccountants
researchers based on the terms they use as follows: accountants uses the concept of
intangible assets and intellectual property on the basis of recognition of assets, while management
specialists uses the concept of intellectual capital or intangible resources. In terms regarding manner
of expression of the definition given, I can say that some definitions are conceptual, others follow the
structure of intellectual capital, while others relate to matters related to the objectives and role in the
expression intangible value and performance of an enterprise.
In essence, In essence, intellectual capital can be classified into three essential components: human
capital, organizational capital or internal structure of the organization with partners. Although using
different terminology, most researchers accept Sveiby's classification, admitting that intangibles can
be grouped into three broad categories: employee skills, capital structure determined by the
organization's internal and external relations of the organization.
From the analysis of essential terms expressing the concept of intellectual capital, we
concluded that intangible assets are best defined in terms of area extension and allow a clear
evaluation of major components and performance impact and value of an enterprise, which includes
its use in a future research.