THE SENSE AND STRUCTURE OF FIRM INTELLECTUAL CAPITAL

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THE SENSE AND STRUCTURE OF FIRM INTELLECTUAL CAPITAL

Journal Title: Економічна теорія та право - Year 2015, Vol 2, Issue 21

Abstract

Problem setting. In Ukraine non-market factors of competitiveness frequently play the decisive role. Nevertheless, market and anticorruption reforms gradually occur. Due to the reforms importance of intellectual capital as the basis of firm competitiveness and national economy efficiency increases. Analysis of recent research and publications. The intellectual capital sense and its structure have been examined by many researchers, among which are N. B ontis, N. B ratnitsky, A. B rooking, L. E dvinsson, D. C alilu, J. Lichtarski, M. Malone, J. R oos, P. Sullivan, K. Sveiby, d. Screame, T. Stewart, V. D . B azylevych, O. B . B utnik-Siverskyi, A. L. H aponenko, S. S. Matiushchenko, M. V . P oplavskyi, Z. V . Ulianytskyi, etc. A general disadvantage of these approaches is alienation of production factors from the theory. Paper objective. The paper objective is to indicate the sense and structure of firm intellectual capital as one of production factors. Paper main body. Separating initial and derivative factors of production, the author has proposed a model of structure development of production derivative factors. According to the model a production factor «firm intellectual capital» is formed on the basis of other production factors at a certain historical stage. In contrast to other production factors, the factor partially tends to multiple. A result of firm intellectual capital functioning is synergism of other production factors, which increase efficiency of production factor application in a certain firm. This synergism is specific, because it is based on certain production factors and competitive conditions of firm functioning. Thus, the synergism can’t be transferred to other firm without losses. Elements of firm intellectual capital differ from each other in possibility of application in other firms. Therefore, the author indicates inter-specific, specific, and universal intellectual capitals. Conclusions of the research. Firm intellectual capital is specific forms and processes of mutual adjustment of production factors being created as a result of intellectual and spiritual creativity of humans and accumulated in the process of functioning of a firm and its external environment, which provide synergism of production factors enhancing efficiency of firm functioning. Thorough examination of current structure of firm intellectual capital is a prospective direction of further research. Short Abstract for an article Abstract. The article considers the sense and structure of firm intellectual capital as a synergetic factor of production. The author has proved necessity of division of firm intellectual capital into inter-specific, specific, and universal ones according to a criterion of possibility of application in other firms. The article indicates a place of firm intellectual capital within a system of production factors and its distinctions from other production factors.

Authors and Affiliations

Кирил Григорович Губін

Keywords

EP ID EP225345
DOI -
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