Human capital of a firm may be viewed as consisting of highly skilled, creative, motivated, collaborative and knowledgeable people who understand the dynamic business environmental context and the competitive logic of their enterprise and the critical requirements thereof. They understand and realize their own broad role and responsibility for the vision, values and competitive viability of their organization. For this purpose, they continually learn, develop, share, integrate and use their knowledge both individually and collaboratively to cultivate enterprise competencies/ capabilities, innovation, expertise and speedy business processes in a proactive manner. They are focused on the success of their enterprise in facing the challenges of both today and tomorrow.
Dr. V. Murale and Ashrafali, A., “Impact of intellectual capital on firm value: a panel data analysis of Indian IT firms”, Advances in Management, vol. 3, no. 7, 2010.