Intellectual capital as a factor of competitiveness increasing

Journal Title: Metallurgical and Mining Industry - Year 2017, Vol 9, Issue 3

Abstract

The article studies the content and interrelation of the concepts “intellectual capital” and “competitiveness”. It is determined that outstanding world scientists have studied the theoretical and practical problems of the formation of intellectual capital and its development. The study of the importance of factors in the formation of competitiveness allowed us to emphasize the influence of intellectual capital. It has been found out that intellectual capital should be considered as a significant factor in the formation of the enterprise’s competitiveness because the intellectual capital becomes an indispensable source for scientific researches and innovations, which are the basis for creating unique competitive advantages of the enterprise and its products. Scientists argue that the effectiveness of innovation depends on the availability and accessibility of knowledge for a wide range of users, which should be created, first of all, by state scientific organizations, higher educational institutions, own research departments of large and medium-sized enterprises. Thus,the use of intellectual capital for innovation is a factor of competitiveness increasing, which allows modern innovative enterprises to acquire unique competitive advantages.

Authors and Affiliations

V. P. Ivashchenko, G. E. Dotsenko

Keywords

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  • EP ID EP304309
  • DOI -
  • Views 131
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How To Cite

V. P. Ivashchenko, G. E. Dotsenko (2017). Intellectual capital as a factor of competitiveness increasing. Metallurgical and Mining Industry, 9(3), 8-12. https://europub.co.uk/articles/-A-304309