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Intellectual Capital: A New Process of Sustainable Value Creation for the Corporation
Abstract
Many businesses select business sustainability to satisfy the needs of the environment, society, and economy in order to be optimal in the long run. To do this, businesses must fully and efficiently utilize their resources. Intellectual capital, which increases market value and establishes long-lasting competitive advantages, is one of their most precious resources. This research advances the growth of two distinct but related fields of study: sustainability and intellectual capital. Purpose of the study is to comprehend the notion in its whole and how each component of intellectual capital contributes to a company's sustainable growth. The realization in an organization occurs at every level of management, whether on the basis of interactions with people, human resources, or effective life cycle processes or structures, as we have seen in all prior researches. A crucial or significant part of intellectual capital is played in the long-term sustainability of corporations. Intellectual capital boosts market value and solidifies long-lasting competitive advantages.
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