Intellectual capital is best described as information and knowledge within acompany. Information is static; whereas, knowledge is dynamic. Knowledge is a companiesâ€™ mostimportant raw material. It is the most important source of added value as well as the most importantoutput. If knowledge is not being managed properly, neither is the business. Intellectual capital isnot just a matter for law, but should enhance corporate net worth. It should be the focus of strategicthinking and competitive advantage.