MONETARY VALUATION OF INTELLECTUAL HUMAN CAPITAL IN INNOVATIVE ACTIVITY

The article views the structure of an organization’s intellectual human capital, which integrates both employees’ intellectual, professional and personal abilities to perform innovation activity and their results achieved in the process of this activity. The authors prove the role of intellectual hu...

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Bibliographic Details
Published in:Equilibrium (Toruń ) 2016-01, Vol.11 (2), p.369-385
Main Authors: Fedotova, Мarina Alekseevna, Loseva, Olga Vladislavovna, Kontorovich, Olga Igo-revna
Format: Article
Language:English
Subjects:
Economy
Efficiency
Employees
Human capital
Innovations
Intellectual capital
Studies
Supranational / Global Economy
Technological change
Valuation
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Summary:The article views the structure of an organization’s intellectual human capital, which integrates both employees’ intellectual, professional and personal abilities to perform innovation activity and their results achieved in the process of this activity. The authors prove the role of intellectual human capital in improving an organization’s innovation activity. Basing on the cost, income, expert and psychological approaches, the article develops the intellectual capital monetary valuation model focused on an increase in the objectivity of measuring its value by means of the individual intellectual and performance report. The application of this model is aimed at activating the innovative development of social and economic entities by increasing the quality and efficiency of intellectual human capital.
ISSN:1689-765X
2353-3293
DOI:10.12775/EQUIL.2016.017