They speak of Management of the Knowledge, others of organizacional learning, others of Intellectual Capital and, even, some of intangible assets. But, independently of its name, what is the Management of the Knowledge?

Kill already time the organizations discovered that the intangible assets, and not physical and financial them, were those that contributed a true value to them. These intangible assets are the resources or capacities of the organization. For example, the capacities are active intangible that are generated in the organization when the resources begin to work in group. The organization uses these assets to create value, although they are not valued from a countable point of view.

The ideal would be to analyze as they are evolving the intangible ones in the time; that is to say, to be informed if the intangible assets increase or diminish between comparable periods of time.

In the Eighties it appears the Theory of Resources and Capacities in the academic scope. This theory can be considered like the precursor of the Management of the Knowledge. It is centered in analyzing the resources and capacities of the organizations as it bases for the formulation of his strategy. The foundations of the Theory of Resources and Capacities are the following ones:

1. - The organizations are different to each other based on the resources and capacities that they have in a while certain, resources and capacities that are not available for all the companies in the same conditions, fact that explains its differences of yield.

2. - The resources and capacities have every time a more excellent paper in the strategy. The question that there is to answer is the one with what necessities I can satisfy, and not the one of what necessities I want to satisfy.

3. - The benefit of a company is function of the characteristics of the surroundings and the resources and capacities what it has.