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| What banks offer cd secured loans | However, in April , the FTC banned the use of non-competes. As such, this form of capital has immeasurable value and cannot be quantified. Knowledge capital provides companies with a comparative advantage over their competitors. Please leave blank. US Show more US. You have accepted additional cookies. |
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| Bmo small business account | US Show more US. Therefore, it doesn't rely on the physical effort of its machines or other equipment. Having the confidence and drive to keep people moving toward a common goal is a very valuable asset for any company. As noted above, knowledge capital largely depends on the skills and talents of individuals. Get instant alerts for this topic Manage your delivery channels here Remove from myFT. It was not uncommon, though, for companies to enter into an employment contract with their employees, especially senior-level management, to protect against the loss of knowledge capital through non-competes. Schumpeter and Keynes, one suspects, will feel rather more at home with our new post-excess neocapitalist political economy. |
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