Abstract

This article deals with the questions of intellectual capital, summarizes the results of content analysis of the notion “intellectual capital”, its essential characteristics and basic elements. Authors show the role of higher education system in generating and developing of intellectual capital of future professionals. A high level of intellectual capital is a key element of organization competitiveness and productivity and can be seen as a basis for a leading position in a particular industry. The study focuses on the development of intellectual capital of civil aviation professionals. It summarizes the results of analysis of Rostov branch of Moscow State Technical University of Civil Aviation’s experience in the field of intellectual capital development during the education of future civil aviation engineers.

Highlights

  • IntroductionIntellectual capital can be defined as transferable knowledge that belongs to an organization and can be commercialized [1]

  • Intellectual capital along with traditional factors of production is an essential element of competitiveness on macro- and microeconomic levels.Intellectual capital can be defined as transferable knowledge that belongs to an organization and can be commercialized [1].According to Stewart T., intellectual capital «is an intellectual material that includes knowledge, experience, information, intellectual property and contributes to creation wealth

  • The intellectual capital level from the starting point helps a company to estimate the potential of a candidate, its ability to work in modern circumstances characterized by variability of conditions, life-long learning, rapid changes of professional knowledge and skills

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Summary

Introduction

Intellectual capital can be defined as transferable knowledge that belongs to an organization and can be commercialized [1]. According to Stewart T., intellectual capital «is an intellectual material that includes knowledge, experience, information, intellectual property and contributes to creation wealth. Another definition made by this author claims that intellectual capital is an aggregated knowledge of all company’s employees, ensuring its competitiveness [2]. According to Brooking A., intellectual capital can be understood as a set of intangible assets which are vitally important for an organization [3]

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