Abstract
Competition at its core allows to acquire additional benefits to an enterprise by improving the quality of their activities. The activity of an enterprise, in turn, is based on the desire of state authorities to provide an environment for a comfortable business. In the context of the growing crisis, it becomes extremely relevant to determine the principles that can serve the development of the business environment and, accordingly, form the prerequisites for the qualitative development of the country as a whole. The novelty of the study is determined by the fact that the state puts business plans of the national type at the basis of the development of the business environment, which affect not only the possibility of developing entrepreneurial activity in gross form, but also personalised data. The authors show that a similar basis can be expressed in the development of intellectual capital. The practical significance of the study is determined by the need to ensure the development of entrepreneurial activity in the face of overcoming a systemic crisis. It is proposed to reduce the participation of the state as an institutional participant in favour of infrastructure support.
Highlights
The key tool for the development of any national economy is becoming intellectual capital – a new and more complex form of capital with significant socio-economic potential (Oh et al, 2011)
The novelty of the study is determined by the fact that the state puts business plans of the national type at the basis of the development of the business environment, which affect the possibility of developing entrepreneurial activity in gross form, and personalised data
Share of the population with higher education (HE), % The proportion of the number of employees involved in the implementation of R&D, % The share of domestic spending on R&D in GDP, % The share of exports of goods and services in GDP, % The share of foreign investment in capital, % Nominal GDP, billion dollars
Summary
The key tool for the development of any national economy is becoming intellectual capital – a new and more complex form of capital with significant socio-economic potential (Oh et al, 2011). It is characterised by a high degree of development in comparison with the already known forms of capital (Chatzkel, 2006). In which intellectual capital and new knowledge and high technologies are actively formed and used and the basis for the competitiveness of goods, services, firms, are characterised by a sustainable level of economic development (Maltseva, & Monakhov, 2014; Zavadskyi et al, 2020). The development of fixed capital is an indicator of the extent to which general social knowledge is turning into a direct productive force, and an indicator of the extent to which the conditions of the social life process itself are subordinated to the control of universal intelligence and are transformed in accordance with it (Tseng, & Goo, 2005; Vigliarolo, 2020)
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