Intellectual Capital/Stewart 81-86

84 Ideas are also immensely valuable--more valuable than we usually realize.

85 Protecting equity in a career is a lot more more important than protecting the equity in a house.

Smart workers work smarter.

...on average, a 10% increase in workforce education level led to an 8.6% gain in total factor productivity.

The marginal value of investing in human capital is about three times greater than the value of investing in machinery.

86 Money talks, but it does not think; machines perform, often better than any human being can, but do not invent.

Routine, low skill work, even if it's done manually, does not generate or employ human capital for the organization.

The question for companies is how to acquire as much human capital as they can use profitably.