INTELLECTUAL CAPITAL OF THE ORGANIZATION: THE ESSENCE, STRUCTURE, APPROACHES TO EVALUATION

Abstract

What is "intellectual capital"? There is still no clear answer to this question. But it should be noted that practically all domestic and foreign authors are unanimous in the opinion that the composition (structure) of intellectual capital includes knowledge, skills and experience of a person (worker) who owns it or an aggregate of people working in a particular organization. Some researchers considering intellectual capital, treat it as intangible assets, others - as intellectual property, and there are also works in which these three concepts are regarded as interrelated, but not identical. Anyway, the basis of intellectual capital as a result - the education received, the invented brand, the developed software and much more - are the knowledge of a person or a group of people. Interest in the concept of "intellectual capital" arose in connection with the increase in the intellectualization of labor in modern conditions. The attention of many scientists, especially economists, has been directed at the need to saturate any work with mental activity. At present, there are many definitions of the concept of "intellectual capital" and many different elements of its structure. Besides, the definition of the structural elements of intellectual capital has its own characteristicsdepending on the type of organization. The intellectual capital of an employee and worker will be filled with different content due to the specifics of their activities. The intellectual capital of a teacher of a higher educational institution will also have its own specific features. In this regard, in part, there are difficulties in assessing intellectual capital. At the present time, it is possible to talk about the existence of different approaches to the evaluation of intellectual capital, but it is quite certain that intellectual capital cannot be fully valued.