Methodical approaches to evaluation of intellectual capital of enterprises

Keywords: intellectual capital, indexes, intangible assets, enterprise, evaluation methods, approaches to evaluation

Abstract

The intellectual capital that allows you to form a strong competitive advantage and is crucial for the successful existence of any enterprise.

The purpose of the article is to generalize the methods of intellectual capital valuation.

The existing methodological approaches to evaluation of the intellectual capital of the enterprise have been systemized in the article.

The experience has been summarized and the analysis of methodical approaches to evaluation of intellectual capital has been carried out. Indicators for the analysis of human, organizational, client and social capital of intellectual capital have been distinguished. The most used approaches for estimating intellectual capital, their calculation mechanism and groups of methods have been determined.

Thus, today there are several basic approaches to valuing intellectual capital (cost; income; market), as well as a significant number of methods for estimating the value of intellectual capital of the enterprise. However, there is no single common approach or methodology for evaluating intellectual capital.

One of the most promising and convenient methods of evaluating intellectual capital is the Balanced Scorecard (BSC), which includes: finance; customers; internal business processes; innovation, training and professional growth. It is proposed to add an indicator of “communicative competence” of both personnel and management of the enterprise to the component “training and professional growth”, because the process of information transfer is the basis for successful operation of the enterprise and directly affects the formation and increase of intellectual capital.

Author Biographies

Iryna Yepifanova, Vinnytsia National Technical University

Dr. of Sciences, Professor Department of Finances and Innovative Management

Diana Hladka, Vinnytsia National Technical University

Graduate student of the Department of Finance and Innovation Management

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Published
2021-09-29
How to Cite
Yepifanova, I., & Hladka, D. (2021). Methodical approaches to evaluation of intellectual capital of enterprises. VUZF Review, 6(3), 145-153. https://doi.org/10.38188/2534-9228.21.3.16
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Articles