Intellectual Capital as a Key to Manage the Knowledge.

In the last century and following the classical approach of adam smith labor; land and capital were considered as economic production factors.but today, researchers emphasize that the main source to achieve competitive advantage is based on a company’s labor workforce also known as “human resource”.knowledge management (km) and intellectual capital (ic) are believed to influence each other, and the relationship between the two constructs is of vital importance to organizational effectiveness. the aim of this paper is to review the relationship between these concepts .contrary to most of the prior km‐ic relevant research, this research proposes a model which determines the relation between km and ic.