Logo of the Intellectual Capital Development Association (ESER)

The Intellectual Capital Development Association is a high-value-added association that brings together individuals with successful experience in organizational management and executive experience in the relevant sectors, forming knowledge communities to spread intellectual capital throughout society. It is now live with a new website.

The Intellectual Capital Development Association was founded to carry out work on managing society’s intangible assets and to conduct research that will draw society’s attention to this subject.

The association’s working method centers on developing and planning conscious strategies that help society deliver the right knowledge to the right people at the right time, share it, and put it into action.

What is Intellectual Capital?

Just as organizations need tangible assets and financial capital to reach their visions, they also need intangible assets and capital. These intangible assets are called “intellectual capital.” The main raw material of intellectual capital is knowledge. In society, knowledge is often confused with information. Information is data coming together to form a meaningful statement. Knowledge, on the other hand, is a fluid mix of experiences, values, combined information, specialized content, and deep-rooted intuition. People are absolutely necessary to create knowledge. For this reason, knowledge can change over time and/or be subjective. The most important strategy that makes organizations successful in a competitive environment and helps them reach their visions is managing knowledge within the organization. However, you cannot manage what you cannot measure. For this reason, to reach the 2023 vision, we have to measure and manage our intangible assets, that is, our intellectual capital. Groups organized around the 2023 vision generally work on the management and planning of tangible assets (budget, headcount of human resources, financial capital, etc.). However, to reach the 2023 vision, it is also necessary to plan how knowledge will be managed and how organizations will create added value from this knowledge. Therefore, there is a need for a civil initiative that will also manage the intangible knowledge required to achieve the targeted goals.

You can visit the website of the Intellectual Capital Development Association at https://eser.org.tr/.