The knowledge as a complementary part of the intellectual capital of the enterprises in the era of the digital economy
DOI:
https://doi.org/10.35774/visnyk2020.03.185Keywords:
intellectual capital, knowledge capital, innovativе knowledge, digital economy.Abstract
Introduction. The article deals with the problem of the main changes expected in the framework of the digital economy are considered. Particular attention is paid to the areas of transformation the knowledge capital in these conditions. A driver of modern digital economy should be regarded as an intellectual capital that based on the combined use of the intangible assets and the information resources of the enterprises. The formation of the intellectual capital of a company is viewed from a systemic perspective and in conjunction with the formation of the knowledge capital of the enterprises.
Prpose. The purpose of our article is to determine the distinctive role of corporate knowledge in the formation of the intellectual capital of the enterprise in the digital economy, substantiation of the principle of complementarity in the trajectory of modern transformations of knowledge capital of the organization within the concept of the intellectual capital.
Methods. We have used a set of general and special methods in this article (they are historical and logical method, method of analysis and synthesis, grafhic constraction, scientific abstraction).
Results. The article presents the author’s view on the emergence of the knowledge capital of the enterprises in the context of the prevailing economic theories, based on an analysis of the evolution of the category «knowledge». The role of knowledge capital for the intellectual capital of the enterprises and its essence in the relational (customer) capital, organisational capital and human capital of the company, firms. The carried-out analysis and synthesis of the existing approaches on studying of intellectual capital of the enterprises taking into account specifics of the knowledge capital of the company are used to support existing managerial policies for better retention practices and management of human resources, for better management practices of the enterprises.
Prospects. The leading vector for the development of the intellectual capital of the enterprises in the digital economy should be the question of designing the process of cumulation, classification, measurement and transformation of knowledge capital, as well as the development of tools for translating its elements into materialized and innovative assets of the organization.
References
Doklad o tsyfrovoi ekonomyke 2019. Sozdanye stoymosty y poluchenye vyhod: posledstvyia dlia razvyvaiushchykhsia stran [Digital Economy Report 2019: Value Creation and Benefit: Implications for Developing Countries]. Retrieved from: https://www.google.com/url?sa=t&source=web&rct=j&url=https://unctad.org/en/ PublicationsLibrary/der2019_overview_ru.pdf&ved=2ahUKEwiJ8bOk5-_oAhWEs4 sKHYKwAM8QFjAGegQIARAB&usg=AOvVaw1ki0miE [in Russian].
Barkhordari, S., Fattahi, M., & Azimi, N. (2019). The Impact of Knowledge-Based Economy on Growth Performance: Evidence from MENA Countries. Journal of the Knowledge Economy, 3(10), 1168-1182. DOI: 10.1007/132-018-052-4 [in English].
Torba, O. V. (2017). Intelektualnyi kapital yak obiekt bukhhalterskoho obliku: vyznachennia ta metodyka otsinky [Intellectual capital as an object of accounting: definition and methodology of valuation]. Internauka – Intersciencе, 2 (2), 62–67 [in Ukrainian].
Karimi, J., & Walter, Z. (2016). Corporate entrepreneurship, disruptive business model innovation adoption, and its performance: the case of the newspaper industry. Long Range Planning, 3 (49), 342-360 [in English].
Zambon, S. (2006). Is there a disciplinary field called «intangibles and intellectual capital»? Journal of Intellectual Capital, 4 (7), 43-52. DOI: 10.1108/ jic.2006.25007daa.001 [in English].
Salykhov, B.V., Salykhova, Y.S., & Olyhova, M.B. (2017). Kachestvo klyuchevyh form neyavnogo znaniya v sozdanii dobavlennoy stoimosti [The quality of key forms of tacit knowledge in value creation]. Natsyonalnye ynteresy: pryorytety y bezopasnost – National interests: priorities and security, 1 (346), 48-61 [in Russian].
Fekri, Ali Sh. (2019). The board monitoring committees: an intellectual capital perspective. International Journal of Learning and Intellectual Capital (IJLIC), 4 (16). Retrieved from http://www.inderscience.com/info/inarticle.php?artid= 102632 [in English].
Yu, D., & Zhou, R. (2017). Intellectual Management: An Integrative Theory. Journal of the Knowledge Economy, 3 (8), 929-956 [in English].
Faizi, W. & Imamul H. (2020). Intellectual capital and corporate financial performance in India’s central public sector enterprises. International Journal of Learning and Intellectual Capital (IJLIC), 1 (17). Retrieved from http://www.inderscience.com/info/ inarticle.php?artid=105323 [in English].
Reinsel, D., Gantz, J., & Rydning, J. (2017). Data Age 2025: The Evolution of Data to Life-Critical. Don’t Focus on Big Data; Focus on the Data That’s Big. Retrieved from: https://assets.ey.com/content/dam/ey-sites/ey-com/en_gl/topics/workforce/ Seagate-WP-DataAge2025-March-2017.pdf [in English].
Cifrovizaciya ekonomika znaniy [The digital economy of knowledge]. Retrieved from: https://old.sk.ru/news/b/articles/archive/2018/04/20/cifrovizaciya-ekonomiki- znaniy.aspx [in Russian].
Reinsel, D., Gantz, J., & Rydning, J. (2018). Data Age 2025: The Digitization of the World. From Edge to Core. Retrieved from: https://www.seagate.com/files/www- content/our-story/trends/files/idc-seagate-dataage-whitepaper.pdf [in English].
Sobko, O.M. (2014). Intelektualnyi kapital pidpryiemstva: kontseptualizatsiia– funktsionuvannia–rozvytok [Intellectual capital at enterprise: concept–functioning– development]. Ternopil : Krok [in Ukrainian].
Stewart T.A. (1999) Intellektualnyiy kapital. Novyiy istochnik bogatstva organizatsii [Intellectual Capital. The New Wealth of Organizations]. Moscow: Academia [in Russian].
Edvinsson, L., & Malone, M.S. (1997). Intellectual Capital. New York: Harper Business [in English].
Kogdenko, V.G. (2016). Analys integrirovanoy otchetnosty: intellectualnyi capital [Integrated reporting of the analysis: intellectual capital]. Economic Analysis: Theory and Practice – Economic analysis: theory and practice, 10, 53–67. Retrieved from: http://www.fin-izdat.ru/journal/analiz/ 61 [in Russian].
Andriessen, D. (2008). Intellectual capital: West-bound or East-bound? Journal of Intellectual Capital, 2 (9). DOI: 10.1108/jic.2008.25009baf.002 [in Russian].
Brennan, N., & Connell, В. (2000). Intellectual capital: current issues and policy implications. Journal of Intellectual Capital, 3(1), 206-240 [in English].
Harrison, S., & Sullivan, P. (2000). Profiting from intellectual capital – learning from leading companies. Journal of Intellectual Capital, 1(1), 33-46 [in English].
Li, Y., Song, Y., Wang, J. & Li, C. (2019). Intellectual Capital, Knowledge Sharing, and Innovation Performance: Evidence from the Chinese Construction Industry. Sustainability, 11(2713). Retrieved from https://doi.org/10.3390/su11092713 [in English].
Litvinov, О.V. (2018). Vyznachennia sutnosti intelektualnoho kapitalu [Identification of significant intellectual capital]. Modern Economics – Modern Economics, 11, 98- 104. doi: 10.31521/modecon.V11(2018)-16 [in Ukrainian].
Topilnytska, Y. (2013). Intelektualnyi kapital: sut ta metodyka vymiriuvannia [Intellectual capital: the essence and method of measurement]. Derzhava ta regionu – State and Regions, 2(71), 25-28 [in Ukrainian].
Bukovych, U., & Uyliams, R. (2002). Upravlenye znanyiamy: rukovodstvo k deistvyiu [Knowledge Management: A Guide to Action]. Moscow: INFRA-M [in Russian].
Nonaka, I., & Takeuchi, Н. (1995). The Knowledge Creating Company. New York: Oxford University Press [in English].
Andriessen, D., & Tissen, R. (2004). Nevesomoe bogatstvo. Opredelite stoimost vashey kompanii v ekonomike nematerialnyih aktivov [Weightless Wealth. Find your real value in a future of intangible asset]. Moscow: ZAO «Olimp-business» [in Russian].
Sveiby, K.E. (1997). The New Organizational Wealth: Managing & Measuring Knowledge-based Asset. San Francisco: Berrett-Koehler Publishers [in English].
Polanyi, M. (1985). Lichnostnoe znanie: na puti k post-kriticheskoi filosofii [Personal Knowledge: Towards a PostCritical Philosophy]. Moscow, Progress Publ [in Russian].
Massaro, M., Bardy, R., Lepeley, M. & Dal Mas, F. (2013). Intellectual Capital Development in Business Schools. The role of «Soft Skills» in Italian Business Schools. Retrieved from https://www.researchgate.net/publication/322989003_Intellectual_Capital_Development_in_Business_Schools_The_role_of_Soft_ Skills_in_Italian_Business_Schools [in English].
Chernykh, S.Y. (2018). Cifrovya economika y nauka [Digital economy and science]. Cifrovya economika – Digital Еconomy, 4, 73-86. DOI: 10.24411/2071-6435-2018- 10038 [in Russian].
Dumay, J., & Guthrie, J. (2017). Involuntary disclosure of intellectual capital: is it relevant? Journal of Intellectual Capital, 1(18), 29-44, Retrieved from: https://doi. org/10.1108/JIC-10-2016-0102 [in English].
Jarrahi, M. H. (2017). Social Media, Social Capital, and Knowledge Sharing in an Enterprise. IT Professional, 1 (1). DOI: 10.1109/MITP.2017.265105759 [in English].
