Intellectual Capital Of Enterprise Research Articles

ИНТЕЛЛЕКТУАЛЬНЫЙ КАПИТАЛ И ИННОВАЦИИ: ОСОБЕННОСТИ ЭКОНОМИЧЕСКОЙ ВЗАИМОСВЯЗИ И УПРАВЛЕНИЯ

The article is devoted to the study of the conceptual and methodological foundations and conceptual and categorical analysis of the definition of “intellectual capital”, as well as the economic evolution of its formation and development. The scientific heritage of scientists representing classical and neoclassical schools of economics is critically rethought, and a comparative characteristic of theoretical and practical results, developments and recommendations on the formation and management of innovative activities and intellectual capital of enterprises is performed. In the course of the study, the causal relationship between intellectual capital and innovation was revealed and the high importance of the function of managing innovation processes in modern high-tech economic entities of the knowledge-intensive industrial complex was determined.

Methodical approaches to evaluation of intellectual capital of enterprises

The intellectual capital that allows you to form a strong competitive advantage and is crucial for the successful existence of any enterprise.
 The purpose of the article is to generalize the methods of intellectual capital valuation.
 The existing methodological approaches to evaluation of the intellectual capital of the enterprise have been systemized in the article.
 The experience has been summarized and the analysis of methodical approaches to evaluation of intellectual capital has been carried out. Indicators for the analysis of human, organizational, client and social capital of intellectual capital have been distinguished. The most used approaches for estimating intellectual capital, their calculation mechanism and groups of methods have been determined.
 Thus, today there are several basic approaches to valuing intellectual capital (cost; income; market), as well as a significant number of methods for estimating the value of intellectual capital of the enterprise. However, there is no single common approach or methodology for evaluating intellectual capital.
 One of the most promising and convenient methods of evaluating intellectual capital is the Balanced Scorecard (BSC), which includes: finance; customers; internal business processes; innovation, training and professional growth. It is proposed to add an indicator of “communicative competence” of both personnel and management of the enterprise to the component “training and professional growth”, because the process of information transfer is the basis for successful operation of the enterprise and directly affects the formation and increase of intellectual capital.

The intellectual component of the business of the construction industry enterprises

At present, the issues of interrelation and mutual influence of the results of intellectual activity on the final results of the functioning of an enterprise are becoming more and more current, since the world community demonstrates the colossal growth and progressive development of enterprises of various industries using intellectual levers. Russian enterprises also strive to improve the efficiency of the qualitative and quantitative indicators of their companies’ activities, but at the same time use mainly material resources, which reduces the efficiency of resulting indicators. The article examines the indicators of the dynamics of economy and innovative development of the Russian Federation, presents the level of innovative activity of organizations in the period 2017-2019. The authors calculated the indicator of J. Tobin, which reflects the value of the intellectual capital of enterprises in the construction industry. The study showed that all the enterprises under consideration have intellectual capital, to a greater or lesser extent, however, its competent use and effective management are decisive in improving the efficiency of an enterprise.

DIRECTIONS OF FORMATION AND DEVELOPMENT OF INTELLECTUAL CAPITAL OF THE TOURISM INFRASTRUCTURE ENTITIES

The article is devoted to relevant issues of formation and development of intellectual capital of enterprises that constitute the tourism infrastructure. The purpose of the study is to substantiate the directions and means of formation and development of intellectual capital of the tourism infrastructure enterprises. The author's description of the concept and structure of intellectual capital of an enterprise is given. It is established that intellectual capital of the tourism infrastructure enterprises comprises such basic elements as, first, the company's staff (and their competence characteristics) able to accumulate and generate intellectual creativity, create and commercialize innovations and implement their results in economic practice to form modern logistical and information-technological support for business processes; secondly, the provision of the enterprise with modern equipment and technologies, information, infrastructure for innovation and intellectual-creative activities; thirdly, the extent and effectiveness of the combination of factors of labor and intelligence. It is proved that intellectual capital is a dynamic concept and is close to the intellectual potential. The composition of the tourism infrastructure entities involves tourism companies, accommodation facilities, food facilities, accompanying and communication facilities providing transport, trade, cultural, educational, sports and other services to meet the needs of tourists. The relevance of the formation and use of intellectual capital of the tourism infrastructure enterprises is substantiated. In the current research, the scientific methods of strategic management (for constituting the bases for structuring the purposes of improvement of intellectual capital of the tourism infrastructure enterprises) and the system approach (to substantiation of priorities and tools for improvement of intellectual capital of the tourism infrastructure entities) are applied. The means of formation of intellectual capital of the tourism infrastructure enterprises are determined. Further scientific research in this area concerns the substantiation of economic and mathematical models of intellectual capital using. The practical significance of the research results concerns the ways to increase intellectual capital of the tourism infrastructure and strengthen both the competitiveness and overall economic potential of tourism in Ukraine, which also has a major social effect in meeting the needs of consumers in tourism and recreation services.

INTELLECTUAL CAPITAL OF THE ENTERPRISE, ITS ESSENCE AND STRUCTURE

Topicality. The transition of developed countries to postindustrial society caused increased attention to the research of intellectual capital of enterprises. Purpose and tasks. The purpose of the article is to systematize approaches to the definition of "intellectual capital" and its structure. Results. The systematization of different approaches to the definition of intellectual capital, which was carried out by I. Proskvirina, showed a lack of a common point of view on this phenomenon. This is due to the interdisciplinary nature of the study of intellectual capital. R. Gavrilova divided the existing definitions of �intellectual capital� into three groups, respectively, from the point of view of management, accounting, and human capital. Existing views on the structure of intellectual capital are based on the classification of its element, proposed by T. Stewart - human, organizational and client capital. Considered ideas about the structure of intellectual capital are very similar and include human capital, organizational and client capital. some representations also include emotional capital, process capital, intellectual property, market assets, etc. All types of capital that are part of the structure of intellectual capital, with the exception of human capital, have not received wide recognition and have not been studied by a wide range of scientists. This does not allow to establish conformity with the existing generally accepted views on types of capital and does not allow the use of the results of numerous studies on these types of capital (social capital, intangible assets). In this regard, the author's vision is the structure of intellectual capital, consisting of human capital, intangible assets and social capital. This made it possible to propose a new definition of �intellectual capital�. Conclusions. The proposed definition of �intellectual capital�, its structure and its components allows it to be considered not only in relation to enterprises, but also at the regional and national levels. This opens up new opportunities for assessing intellectual capital, using existing methods for evaluating human capital, intangible assets and social capital.

DISCLOSURE ON INTELLECTUAL CAPITAL IN ANNUAL REPORTS OF NASDAQ OMX BALTIC-LISTED COMPANIES

According to the current accounting standards, only a minor part of intellectual capital is presented in financial statements. Nevertheless, more and more companies in Lithuania and abroad reveal information about their intellectual capital in their annual statements. Therefore, the object of this paper is the disclosure of information on intellectual capital, and the aim is to reveal the trends of disclosure of information on intellectual capital based on annual reports by Nasdaq OMX Baltic-listed companies in the years 2010 to 2012. The main method applied in the present article is content analysis. Results. On the grounds of the described research methodology, the content analysis of annual reports dated from 2010 to 2012 by Nasdaq OMX Baltic-listed companies was performed. By applying the “QDA Miner” software, intellectual capital-related terms were calculated and distributed into three categories (human, relational, and organizational) in terms of the assets and liabilities. The obtained results of the three countries were compared in order to reveal the trends of development; furthermore, a correlation analysis was conducted to reveal the relationship between the market capitalization of a specific country and the level of disclosure on the intellectual capital of enterprises. Conclusions. The present research reveals that the total disclosed information on the intellectual capital of the Nasdaq OMX Baltic-listed companies was increasing each year from 2010 to 2012. On the other hand, the research shows that the trends and the structure of the disclosed information on the intellectual capital are different in each Baltic country. The highest amount of information was revealed by Lithuanian enterprises and the lowest amount is shared by Estonian enterprises. The best-covered information on the intellectual capital presents the employees as an asset while the most scantily revealed information describes intellectual liabilities.

Intellectual Capital of Enterprises and Its Role in the Integral Process

In August 2012 Russia entered the World Trade organization (WTO) and took all the obligations on establishment of this organization according to the Marrakesh agreement. As a participant of the international trade system, Russia obtains a legitimate access to a very much unified legal space and international legal protection guaranteed by WTO norms, which should finally promote development of Russian foreign trade and Russian interests abroad. Thus, annually, within the framework of the world trade, economic participant benefit from application of simplified customs procedures $ 900 bn. Within Russia, according to the data of the Economic Cooperation and Development organization, this benefit may be $18 bn. concerning protection of rights of intellectual property, the Russian Federation has not taken any additional obligations, – and During the period of negotiations the national legislative base was brought in line with the WTO norms. This article is going to consider questions of creation and usage of the intellectual capital in export-oriented innovative enterprises related to development of science and high-technology production, exportation of developed technologies and high-tech products.