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Physical capital is tangible in nature, i.e. it can be seen and touched. Unlike human capital is intangible, that can only be experienced. The creation of physical capital is an economic and technical process.
Intangible assets are non-physical capital. A balance sheet only lists intangible assets when they have identifiable values. ... The value of Harvard University is in its human capital. Human capital includes the knowledge base of the employees and is often measured by the quality of the product.
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