Intellectual capital in non-public higher education institutions – the managerial perspective

In the new knowledge-based economy intellectual capital has become the key asset for sustainability andachieving competitive advantage. “Knowledge” is the main output as well as input in these institutions. Thisresearch paper presents the research findings describing selected elements of intellectual capital (IC) in nonpublichigher education institutions in Poland, namely students and managers of higher education institutions.A review of definitions of IC is provided accompanied by comments relating to the situation of higher educationinstitutions. Better management practice regarding IC allow universities to be in a better position to competeglobally and in the home market.