“The part of a country’s or a firm’s capital or an individual’s human capital that consists of ideas rather than something more physical. It can often be protected through patents or other intellectual property laws” (The Economist).
Intellectual capital. (n.d.) In Economics A-Z: Economic terms, topics and jargon. Retrieved October 7, 2009, from http://www.economist.com/research/Economics/alphabetic.cfm?letter=I#intellectualcapital