What is Capital?
At its core, capital refers to resources of value. These resources can take many forms, such as the political capital of a person, the natural capital of an ecosystem or the intellectual capital of a business.
This post serves as a compilation of named types of capital, along with simplified resource-centric definitions and examples for each. While this list is sure to evolve over time, our goal is to have a reference that we can use consistently for future categorization and testing of concepts.
Types of Capital Defined
|Cultural Capital||Resources that enable a person's social mobility||Education, speech, style|
|Economic Capital||Resources needed to support an organization's risk profile||A monetary value|
|Financial Capital||Resources needed by a person or organization to do business||Cash, credit, debt, equity|
|Human Capital||Resources embedded in a person||Knowledge, skills, physical strength, creativity, intellect|
|Intellectual Capital||Resources that give an organization its competitive advantage||Trademarks, patents, partnerships, internal processes|
|Natural Capital||Resources occurring naturally within the environment||Water, soil, air, sunlight, wind, flora and fauna|
|Physical Capital||Resources that an organization uses as inputs for production||Buildings, machinery, computers|
|Political Capital||Resources that a person has established with the public in politics||Trust, goodwill, influence|
|Psychological Capital||Resources that enable a person to maintain a positive and developmental state||Optimism, hope, resilience, self-efficacy|
|Public Capital||Resources owned by the government and used for productivity||Highways, hospitals, police, utilities|
|Relational Capital||Resources that an organization derives from its relationships with external agents||Knowledge from customers and vendors|
|Social Capital||Resources embedded in relationships||Access to others' expertise, connections and human capital|
|Structural Capital||Resources that enable an organization’s people to function||Processes, databases|
|Symbolic Capital||Resources that dictate a person’s status in a cultural context||Honor, prestige, recognition|
|Working Capital||Resources that an organization has available to operate in the short term||Equipment, cash|