The three pillars of intellectual property are the structural capital, human capital and the relational capital.
Structural Capital
The structural capital has been defined as supportive infrastructure, processes and databases of an organization which enables the human capital to function. It is usually subdivided into organizational, process and innovation capital.
In any educational institution, the organizational capital, which is the philosophy of the organization, guides the functions of all the staff of the institution. For example, the philosophy of National Open University of Nigeria (NOUN) is to remove all factors hindering the access of the citizens of Nigeria to education. Accessibility to education informs the establishment of special study centers for the Nigerian Army, Navy, Air Force and Prisons. Apart from this, it also dictates the overall plan and actions of the university. Process capital includes the techniques, procedures and programs that implement and enhance the delivery of goods and services. For every educational institution, their service is the delivery of educational programs. In NOUN, the process capital would include all the process through which course materials as well as Continuous Assessment and examinations are delivered to the students and the result is given to the students. Innovational Capital would include all the course materials written by the staff and other experts outside the institution, which are covered by copyright laws. Also because NOUN has an investment outfit that produce bottled water, the trademark of the water that is registered with the regulatory authorities would also be classed here. In summary, the structural capital enables the smooth running of the vision and mis...
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...pecifically, those that are yet to have their doctoral degrees should be sponsored by the University. Being an Open University, NOUN depends more on IT platform. Consequently, to develop the knowledge base of its IT staff, they should be sent for training from time to time. The other staff members should also be developed by being sponsored to conferences that are related to their job specification. Another way knowledge could be made more intensive in NOUN is to allow staff exchange program between NOUN and other Open Universities in the world that are standard and reputable.
References
Adler, P. S. and Kwon, S-W. (2002). “Social capital: Prospects for a new concept.” The Academy of Management Review, 27.
Dekker, P. and Uslaner, E. M. (2001). “Introduction”. Social capital and participation in everyday life. Edited by E. M. Uslaner. London: Routledge.
Silva, E.B. (2009) ‘making social order’ in Taylor, S., Hinchliffe, S., Clarke, J. and Bromley, S. (eds), Making Social Lives, Milton Keynes, The Open University.
The Forms of Capital (1986) written by Bourdieu address the concepts of cultural and social capital. From his point of view, he believes that cultural capital is something that is equipped by oneself and, as a result, reproduces economic capital. The two capitals are directly proportion to each
To fully understand why social, economic, and cultural capital could lead to success or failure, it is essential to know the difference between the three. Social capital is defined by the Organization for Economic Co-Operation and Development as “the links, shared values, and understandings in society that enable individuals and groups to trust each other and to work together” (OECD, 2015). Social capital can be multiple things including family members, colleagues, and strangers who have the
Cultural capital has great power through the control and maintenance of traditions, expected and accepted roles and behaviours, notably gender roles, important artefacts, language, institutions and services (Navarro, 2006). Of these, two essential contributors being educational facilities and religious institutions (Navarro, 2006). Finally, economic capital holds power through property and literal financial capital or monetary resources, this empowers individuals to have some degree of agency and autonomy (Navarro, 2006). This gives power to individuals to interact with higher classes, or form part of such, to purchase and interact with goods and services that are valued by the society and in turn receive respect and enhances social status (Navarro, 2006).
The ambiguities of "social capital" can be elucidated by reformulating it as a gathering-based asset got from social relations, the viability of which is dependent upon the extensity and force of social ties and the gathering's assets, and the making of which may include a potential cost to a person.
Intellectual Property (IP) is a legal concept that refers to the creations of the human minds for which exclusive rights are recognized. A variety of tangible assets are granted rights to the owners, artistes or innovators for a specified duration. IP is an intangible asset to a company as it gives commercial business partner and financial institutions the confidence to invest or in any way collaborate with the business. Business owners will also be able to maximize the value of their Intellectual Property by ways such as franchising, transaction or licensing.
Intellectual Property - Intellectual property reflects on the ideas and things we can imagine and produce with our minds. Intellectual property includes anything that may be patented, owned, or protected by a trademark. There are four types of intellectual property, such as trademark, copyrights, patents, and trade secrets. Based on this week’s scenario, Sam had signed a non-disclosure agreement as a condition of his employment with ABC but unfortunately, has violated the conditions by downloading a list of customers for the company. This implies that the subject of intellectual property
...ely and directly convertible into money and may be institutionalized in the form of property rights. When I stated I went to high school the students and I also had a similarity which was being “well endowed” as cultural capital, Cultural Capital is fluid and can be supported by economic capital to expand one cultural community for example the more money I have the more likely my community that I involve myself with will be just as financially endowed and may be institutionalized in the form of educational qualifications; and as social capital going into a company or organization I stated that I got in contact with one of the alumni at my local high school who so happens to working for the company or as an executive officer in that organization I get hired and the cycle starts again making me the central figure for economic capital, given me a title and prestige.
Finding the perfect capital structure in terms of risk and reward can ensure a company meets shareholder expectations and protects a firm in times of recession. Capital structure refers to how a business puts its money to “work”. The two forms of capital structure are equity capital and debt capital. Both have their benefits and limitations. Striking that perfect balance between the two can mean the difference between thriving versus trying to survive.
Contemporary approaches to social capital theory can be traced to three key authors; Bourdieu (1986), Coleman (1988), and Putnam (2000) (Wall, Ferrazzi & Schryer, 1998). Bourdieu (1986) defined social capital as membership to a group where each member could draw on the capital accumulated by the entire group. Bourdieu held a critical view on social capital. Those who could not become members of a group could not access the capital owned by that group because the existing group members controlled its membership (Bordieu, 1986). New members could join a group without consent.
This network which depends on cultural capital and economic capital is recognized by group members who know each other. In the group, every member can have profit through the use of the collective resources. Social capital has four characters. Firstly, the volume of the social capital relies on the size of the network and other members’ the volume of the capital ,including cultural capital and economic capital. Then social capital is a outcome of investment.
There are many reason that why is it important to protect one’s intellectual property. Some of the reason are Creator being accused as a theft, Loss of Reputation, Loss of income, Loss of Asset and Loss of Authority Rights.
Social capital, however, inheres in the structure of their relationships. Thus to possess social capital, a person must be related to others and it is those others, not himself, who are the actual source of advantage. In order to address this question I will firstly compare and contrast the definitions of social capital... ... middle of paper ... ... how this situation can be improved.
Bourdieu (1985) has presented first systematic analysis of social capital (p. 248). The positive effects of sociability, social capital has, in my view, a place in theory and research.
Short term and long capital are needed for organizations to survive in today's economy. Organization's now more that ever need these different sources to diversify, expand or to keep processes more efficient thus keeping them at the head of the pack. Today's businesses and consumers demand for speed and quality of products.