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Re: accounts receivable = tacit knowledge & accounts payable = explicit knowledge - follow up


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Posted by Mezei on September 19, 2002 at 10:10:47:

In Reply to: accounts receivable = tacit knowledge & accounts payable = explicit knowledge posted by Mezei on September 19, 2002 at 10:01:33:

So:

tacit knowledge + explicit knowledge = intellectual capital

Which is interesting, because I'm sure I posted this idea about 3 years ago here on Brint, but it was a hypothesis at the time, I couldn't explain it in practical terms.

So intellectual capital really tells us how valuable our tacit and explicit knowledge is to consumers, the market etc. And it does this in the most simple way possible - profit. If we show a profit, then we can claim we have intellectual capital. And we can trace the intellectual capital back to the tacit and explicit knowledge ledger (ie accounting) as mentioned in the previous posting. I'm not an accounting major or anything, but I'd be interested to hear from someone who is...

Don



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