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Article: An idea whose time has come.(intellectual capital)(Editorial)
- Article from:
- Ivey Business Journal
- Article date:
- March 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 University of Western Ontario. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The death last month of Herbert Simon, the American academic who won the Nobel Prize for Economics in 1978, prompted me to consider this question: Why wasn't Professor Simon's theory of decision-making thought of as intellectual capital? Also, I asked myself, why did we not regard Canadian academic John Polanyi's theory on chemical reactions, for which he won a Nobel in 1986, as intellectual capital? Or, what about those whose accomplishments were driven more by the opportunities of the marketplace, such as Chester Carlson, who invented xerography in 1938?
Like Chester Carlson, Albert Einstein was working as a patent clerk when he developed and first published ...