Abstract:
This study examined the relationship between intellectual capital development and competitive advantage. the objectives of the study were to examine how the various dimensions of intellectual capital development relates with the measures of competitive advantage. The various concepts on which the study was founded were extensively reviewed. Based on the review, it was observed that the dimensions of intellectual capital development (human capital, relational capital and structural capital) relates significantly with cost leadership and innovativeness. The study thus concluded that a vested interest in boosting intellectual capital development will lead to enhanced competitive advantage of organization. Among others, it was recommended that the employees in organizations should be allowed to acquire self-development in order to enhance their competences in the workplace and thus improve the organizational competitiveness.
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