Bad ideas are those that have no ability to be implemented. Both good and bad ideas may help in the process of determining the best course of action. Ignorance is the state of not knowing. Ignorance occurs when those who can benefit from knowledge are unwilling or unable to find the knowledge. The flip side of ignorance is having knowledge and not having any way of sharing that knowledge.
Information is organized data that has been arranged for better comprehension or understanding.
What is one person's information can become another's data. Intellectual Capital is the knowledge assists of an organization that help achieve business goals. Intellectual capital includes internal proprietary reports, libraries, patents, copyrights, and licenses. Knowledge is the result of learning. Knowledge is the internalization of information, data, and experience.