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Трансформация Структуры Интеллектуального Капитала И Рост Значимости Его Составляющих – Человеческого Капитала И Интеллектуальной Собственности – В Современной Экономике
[Transformation of the intellectual capital structure and a growth in the significance of its components – human capital and intellectual property – in today's economy]

Author

Listed:
  • Larin, Sergey
  • Khrustalev, Evgeny
  • Noakk, Natalia

Abstract

Subject. Currently, as the global economy evolves, its innovative components should demonstrate a tendency of accelerated growth as intellectual capital, information technologies, increasing knowledge and digitization of mushrooming production processes. Nowadays, intellectual capital is one of the economic development drivers. However, the economic community is found to have no generally accepted wording of the concept, thus laying the basis for this article. Objectives. The study sums up the analysis of approaches used by the Russian and foreign economists to determining the economic substance of intellectual capital. We also identify the importance of human capital as its components and specify the definition of the concept. Methods. The article overviews and analyzes proceedings by the most renowned authors, which substantiate how the economic substance of intellectual capital should be unveiled, and suggest its definitions. Results. We specified the definition of intellectual capital concerning the current economic development. We suggest integrating a new component into intellectual capital, such as intellectual property, which includes products of intellectual activity and intangible assets. They can be owned by the entity or other legal entities and individuals, including some employees of the entity. Conclusions. The specified definition of intellectual capital will help address issues of sustainable economic development and ensure the competitiveness of the Russian entities nationwide and worldwide, since it directly contributes to intellectual capital and its components.

Suggested Citation

  • Larin, Sergey & Khrustalev, Evgeny & Noakk, Natalia, 2023. "Трансформация Структуры Интеллектуального Капитала И Рост Значимости Его Составляющих – Человеческого Капитала И Интеллектуальной Собственности – В Современной Экономике [Transformation of the inte," MPRA Paper 119341, University Library of Munich, Germany, revised 29 Mar 2023.
  • Handle: RePEc:pra:mprapa:119341
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    References listed on IDEAS

    as
    1. Guthrie, James & Ricceri, Federica & Dumay, John, 2012. "Reflections and projections: A decade of Intellectual Capital Accounting Research," The British Accounting Review, Elsevier, vol. 44(2), pages 68-82.
    2. Roslender, Robin & Stevenson, Joanna, 2009. "Accounting for People: A real step forward or more a case of wishing and hoping?," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 20(7), pages 855-869.
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    More about this item

    Keywords

    intellectual capital; innovation; personnel; competence; competitiveness.;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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