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Intellectual capital is the hidden value (and capital) tied up in an organisation's people which can set it apart from its competitors and be a valuable source of competitive advantage and future earnings in private sector organisations. (Thompson & Martin 2010) In other words, intellectual capital is collective knowledge of the individuals in an organisation or society, and this knowledge can be used to produce wealth, multiply output of physical assets, gain competitive advantage, and/or to enhance value of other types of capital. Intellectual capital comes at a cost.