Intellectual capital
Intellectual capital includes the skills, knowledge of an individual. It also encompasses the knowledge of how businesses operate in the global industry. Intellectual capital also entails the ability to establish global networks as well as being aware of the need for interdependency for global success (Aswathappa, 2010). Another part of intellectual capital is the ability to resolve conflicting interest between the foreign stakeholders and the business headquarters. The other feature of intellectual capital is the ability to handle cultural issues by understanding the history of the foreign area, identifying cultural differences, as well as taking advantage of cultural similarities (Rego, Cunha & Clegg, 2012).