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The intellectual capital as the important factor of ensuring competitiveness of the enterprises of mechanical engineering industry of Ukraine at the present stage of development of innovative economy

Title: 


The intellectual capital as the important factor of ensuring competitiveness of the enterprises of mechanical engineering industry of Ukraine at the present stage of development of innovative economy


Authors: 


Nahorniak, Halyna


Affiliation: 


Ternopil Ivan Puluj National Technical University 56 Ruska str., 46001 Ternopil, Ukraine


Bibliographic description:

 

Nahorniak, H. (2020) Intelektualnyi kapital yak vahomyi chynnyk zabezpechennia konkurentospromozhnosti pidpryiemstv mashynobudivnoi promyslovosti Ukrainy na suchasnomu etapi rozvytku innovatsiinoi ekonomiky [The intellectual capital as the important factor of ensuring competitiveness of the enterprises of mechanical engineering industry of Ukraine at the present stage of development of innovative economy]. Sotsialno-ekonomichni problemy i derzhava [Socio-Economic Problems and the State] (electronic journal), Vol. 23, no. 2, pp. 66-78. Available at: http://sepd.tntu.edu.ua/images/stories/pdf/2020/20ngsrie.pdf


Submitted date: 


dec-2020


Issue Date: 


sep-2020


Publisher: 


Ternopil Ivan Puluj National Technical University


ORCID: 


http://ordic.org/0000-0002-5446-2417


DOI:


UDC: 


https://doi.org/10.33108/sepd2020.02.066

 

339.137


JEL: 


O34
L00


Keywords: 

machine-building enterprise
innovative activity
competition
competitive advantages
competitiveness
intellectual capital
human capital
human resources
personnel
worker


Pages:

13


Pages: 


66-78


First page: 


66


Last page: 


78


Abstract: 


In modern conditions, competitiveness is manifested in the effective use by economic entities of their financial and intellectual capital through the growth of technological and managerial components in the development of innovation processes. Since financial resources, from the point of view of the enterprise economy, cannot be considered as a stable source of its competitive advantages, the attention is focused on the intellectual component of the enterprise’s competitiveness. The purpose of the study is to determine the essence of intellectual capital and its importance for ensuring the competitiveness of the Ukraine’s machine-building industry enterprises at the present stage of the country’s innovative economy development in terms of transferring to the knowledge economy. Intellectual capital should include special abilities of the personnel, based on knowledge, skills and experience, as well as provide particularly valuable information for the enterprise, which is the basis of significant competitive advantages in domestic and foreign markets in an innovative economy. The thesis that information, knowledge, experience, intangible assets acquire new significance, which in their interaction and development originate a new category of “intellectual capital”, is substantiated. The authors’ definition of the “intellectual capital” category is formulated taking into account the study of this concept from the standpoint of the definitions of capital interpretation. Intellectual capital is an intellectual resource (knowledge, experience, skills) which, if used effectively, turns into added value and ensures the competitiveness of the enterprise.


URI: 


http://elartu.tntu.edu.ua/handle/lib/35864


ISSN: 


2223-3822


Copyright owner:


Scientific Journal "Socio-Economic Problems and the State"


URL-releated material: 


http://sepd.tntu.edu.ua/images/stories/pdf/2020/20ngsrie.pdf


References: 


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Scientific Journal "Socio-Economic Problems and the State", Vol.23, No.2

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