Final answer:
True, the listed items constitute intellectual capital, which is part of a company's intangible assets, contributing to innovation and competitiveness.
Step-by-step explanation:
The statement is true; specialized research capabilities, patents, information systems, designs, operating processes, and copyrights are indeed classified as intellectual capital. Intellectual capital is a broader concept encompassing all the intangible assets that a company possesses. These assets contribute to the company's competitiveness and innovation. Patents, copyrights, trademarks, and trade secrets are specific types of intellectual property rights that legally protect these intangible assets. For instance, patents provide an exclusive right to the inventor to use or sell the invention for a certain period, generally 20 years for new drugs as per U.S. law, encouraging innovation and research.
Specialized research capabilities, patents, information systems, designs, operating processes, and copyrights are classified as intellectual property, not intellectual capital. Intellectual property refers to legal rights that protect intangible assets such as inventions, designs, and creative works. Examples of intellectual property include patents, trademarks, copyrights, and trade secrets.