Abstract
The research work considers the essence and features of human capital accumulation at the company level in order to provide its economic security. The main components of intellectual capital in the format of human, organizational and customer capital have been studied. The managerial rationality of using the method of direct evaluation of intellectual capital and the method based on market capitalization has been proved. Both methods give the greatest organizational effect in providing economic security. The empirical study of using the quantitative assessment of human capital of a machine-building company has been carried out in order to strengthen its economic security
Highlights
The current state of economic development is under the influence of unpredictable internal and external factors that have different nature and mechanism of influence on the companies
The questions of human capital potential formation and economic security is widely illustrated in a number of scientific papers (Ahammad, 2017; Garfield, 2014; Laursen, and Foss, 2003; Martin and Hetrick, 2006; Meyer, et al 2010; Mosley, 2007; William, 2016; Kumar et al, 2019)
Indices of international organizations are used in order to calculate the efficiency indexes of human capital (HC): Index of Economic Freedom, IEF; index of quality of life of the population (QL); Human Development Index (HDI), as well as index of science and synergetics calculated according to the report of UNESCO for 2018; index of HC inflow outside of the subject; quality index of accumulated HC; index of the efficiency of the national elite and the shadow economy; the index of raw material economy, reflecting the type of mainly raw material economy and the dependence of the country with the industrial raw material economy on the export of raw materials (Zander, and Kogut, 1995)
Summary
The current state of economic development is under the influence of unpredictable internal and external factors that have different nature and mechanism of influence on the companies This requires urgent search for ways in order to strengthen the level of their economic security, first of all by increasing the efficiency of using current human capital and releasing existing labor potential. In order to solve this problem, first of all, one has to intensify the processes of acquiring key competencies and to form effective mechanisms for managing the process of accumulation of the overall potential of companies. This will make it possible to compensate for the uncertain influence of external factors. This is the very reason why the high level of relevance of the research is devoted to expanding the spectrum of theoretical and methodological foundations of strengthening and positive qualitative transformation of the economic security of business structures
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