There is a great deal changing today in the way firm to compete. Over last deCtllk. severtJI driving
force have emerged such as globalization of business and intemationalcompetition sophisticated
customers, competitor, and supplier increased technological capability, shortening of production
life cycle. Among the changes, Icnowledge management and intellectual capital management have
probably made the most outstanding impact, the advent of the. Icnowledge economy. Sneral
characteristics define the Icnowledge economy are it's focused on intangible resorm:es rather than
tangible resources, it's has a hypercompetitive business environment, it's digital. it'S virtual, and
it'S networked In the new Icnowledge economy, intellectual capital has become the one and only
competitive advantage of a firm. Intellectual capital include three dimentions that is human CIlpital,
structural capital and customer capital. Intellectual capital plays an important role;" determine the
succes of innovation strategy in a company. Companies need to manage the strategic resources and
Icnowledge through. a sistematic thin1cing so that intellectual capital. can give. contribution to
innovation strategy dan enhance the fum's operational performance
