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Why Your Organization Needs to Invest in Innovation Capital
Innovation capital is often overlooked, yet it is crucial for value creation. It consists of many interconnected assets that align with strategic goals and aspirations. Knowledge, physical, and human capital are three key components of innovation capital. By building and leveraging these assets, organizations can achieve success in creating value. The stock and flow of knowledge are important, and organizations should focus on increasing their learning capital. In order to fully unlock the potential of innovation capital, it is essential to understand and invest in it.