Preview

Voprosy Ekonomiki

Advanced search
Open Access Open Access  Restricted Access Subscription Access

Intellectual capital in the conceptual and categorical apparatus of economics: Critical understanding and systematization

https://doi.org/10.32609/0042-8736-2022-4-5-25

Abstract

The work is devoted to the concept of “intellectual capital” and its correlation with closely related concepts (human capital, social capital, intangible resources, etc.). The study is based on a critical analysis of the literature and uses the method of statistical-semasiological analysis of a sample of definitions. Intellectual capital is a set of intangible objects, properties and relations of socio-economic system, evaluated by the subjects of management as a source of value creation through participation in the processes of social reproduction at different levels of organization of national economy. The proposed definition is based on a critical quantitative analysis of the results of previous studies and reflects the relationship of the concepts denoting intangible factors of development. At the same time, the question of the source of value creation in the generation of intellectual capital is emphasized.

About the Author

P. Y. Makarov
https://www.researchgate.net/profile/Pavel-Makarov-3
Russian Presidential Academy of National Economy and Public Administration
Russian Federation

Pavel Y. Makarov

Vladimir Branch

Vladimir



References

1. Baguzin S. V. (2014). Implicit capital: Availability, structure and valuation. Strategicheskiy Menedzhment, No. 4, pp. 242—256. (In Russian).

2. Balashova M. A. (2014). Intellectual capital: Essence, ways to measure, criticism. Izvestiya Irkutskoy Gosudarstvennoy Ekonomicheskoy Akademii, No. 1, article 22. (In Russian).

3. Bourdieu P. (1993). Sociology of politics. Moscow: Socio-Logos. (In Russian).

4. Gaponenko A. L. (2008). Knowledge management. How to turn knowledge into capital. Moscow: Eksmo. (In Russian).

5. Garanina T. A. (2008). The structure of intellectual capital: Issues of assessment and empirical analysis. Vestnik Sankt-Peterburgskogo Universiteta. Seriya 8. Menedzhment, No. 1, pp. 96—118. (In Russian).

6. Grechko M. V. (2019). Management of intellectual factors and economic development of the country and the region: Evidence from the Rostov-on-Don oblast. National Interests: Priorities and Security, Vol. 15, No. 5, pp. 897—908. (In Russian). https://doi.org/10.24891/ni.15.5.897

7. Kozyrev A. N. (2006). Economics of intellectual capital (Discussion Paper No. 7(R)-2006). St. Petersburg: Institute of Management, St Petersburg State University. (In Russian).

8. Komarov S. V., Mukhametshin A. N. (2012). Methodological analysis of the category “intangible capital”. PNRPU Sociology and Economics Bulletin, No. 13, pp. 45—64. (In Russian).

9. Kryuchkov V. N., Chub A. A. (2020). Development of effective brands of territories using econophysical models of migration flows. Problemy Teorii i Praktiki Upravleniya, No. 7, pp. 148—165. (In Russian).] https://doi.org/10.46486/0234-4505-2020-7-148-165

10. Kuzmina O. Y., Konovalova M. E. (2015). Features of intellectual capital reproduction. Vestnik of Samara State University of Economics, No. 10, pp. 6—14. (In Russian).

11. Лапыгин Ю. Н. (2000). Стратегическое управление муниципальным образованием на базе отношений собственности (методологические подходы). Дисс. ... д. э. н. Владимир: Владимирский государственный педагогический университет. [Lapygin Y. N. (2000). Strategic management of a municipal formation on the basis of property relations (methodological approaches). Doctoral dissertation in economics. Vladimir: Vladimir State Pedagogical University. (In Russian).

12. Lapygin Y. N., Makarov P. Y. (2018). Intellectual capital as an indicator of national and regional innovation potential. Innovatsii, No. 6, pp. 55—66. (In Russian).

13. Loseva O. V. (2013). Formation of a methodology for assessing human capital in innovation. Doctoral dissertation in economics abstract. Moscow: Financial University under the Government of the Russian Federation. (In Russian).

14. Makarov V. L., Ayvazyan S. A., Afanasiev M. Y., Bakhtizin A. R., Nanavyan A. M. (2014). The estimation of the regions’ efficiency of the Russian Federation including the intellectual capital, the characteristics of readiness for innovation, level of well-being, and quality of life. Economy of Regions, No. 4, pp. 9—30. (In Russian).

15. Makarov V. L., Kleyner G. B. (2007). Microeconomics of knowledge. Moscow: Ekonomika. (In Russian).

16. Mikhalkina E. V., Kosolapova N. A. (2018). Intangible resources of the regions: Evaluation of the use of capacities. Terra Economicus, Vol. 16, No. 1, pp. 118—133. (In Russian). https://doi.org/10.23683/2073-6606-2018-16-1-118-133

17. Oleinik A. N. (2021). Uses of content analysis in economic sciences: An overview of the current situation and prospects. Voprosy Ekonomiki, No. 4, рр. 79—95. (In Russian). https://doi.org/10.32609/0042-8736-2021-4-79-95

18. Prosvirina I. I. (2004). Intellectual capital: A new look at intangible assets. Financial Management, No. 4, pp. 103—120. (In Russian).

19. Radaev V. V. (2002). Term of capital, forms of capitals and their conversion. Economic Sociology, Vol. 3, No. 4, pp. 20—32. (In Russian). https://doi.org/10.17323/1726-3247-2002-4-20-32

20. Roos G. (2008). Intellectual capital and strategy: Тhe basic principles of a modern leader. Strategicheskiy Menedzhment, No. 2, pp. 100—114. (In Russian).

21. Roos G., Pike S., Fernstroem L. (2010). Intellectual capital: Management practice. St. Petersburg: GSOM SPbU. (In Russian).

22. Seleznev E. N. (2007). Intellectual capital as an object of management. Spravochnik Ekonomista, No. 2, pp. 23—26. (In Russian).

23. Serdyukova L. O. (2013). Formation, development and use of intellectual capital in the innovation system. Doctoral dissertation in economics abstract. Saratov: Yuri Gagarin State Technical University of Saratov. (In Russian).

24. Sorokina G. P., Grankina V. L. (2011). The intangible capital as a competitive advantage of an organization. Izvestiya MGTU “MAMI”, No. 2, pp. 231—238. (In Russian).

25. Stanishevskaya S. P., Imaykin E. A. (2010). Intellectual capital management in the region based on the interaction of the regional education system and the labor market. Perm University Herald. Economy, No. 2, pp. 6—14. (In Russian).

26. Tatarkin A. I. (2010). Intellectual capital of the society and its function in the reproduction process. Economy of Regions, No. 3, pp. 20—32. (In Russian).

27. Tovstiga G., Tulugurova E. (2013). The practice of using intellectual capital: A comparative study of four regions. Menedzhment Innovatsiy, No. 1, pp. 38—48. (In Russian).

28. Khorov A. Y. (2012). Scientific analysis of the concept of “intellectual capital”. Chelyabinskiy Gumanitariy, No. 1, pp. 30—33. (In Russian).

29. Cherenkov V. I., Cherenkova N. I., Marjanenko V. P. (2010). Semasiologic approach to the interpretation of the notion of “innovation” in the economic science. Problems of Modern Economics, No. 1, pp. 45—50. (In Russian).]

30. Edvinsson L. (2005). Corporate longitude. Navigating the knowledge economy. Moscow: Infra-M. (In Russian).

31. Alwert K. et al. (2008). Wissensbilanz — Made in Germany: Leitfaden 2.0 zur Erstellung einer Wissensbilanz. Berlin: Bundesministerium für Wirtschaft und Technologie.

32. Andriessen D. (2006). On the metaphorical nature of intellectual capital: A textual analysis. Journal of Intellectual Capital, Vol. 7, No. 1, pp. 93—110. https://doi.org/10.1108/14691930610639796

33. Arenas T., Lavanderos L. (2008). Intellectual capital: Оbject or process? Journal of Intellectual Capital, Vol. 9, No. 1, pp. 77—85. https://doi.org/10.1108/14691930810845812

34. Bellucci M., Marzi G., Orlando B., Ciampi F. (2021). Journal of Intellectual Capital: A review of emerging themes and future trends. Journal of Intellectual Capital, Vol. 22, No. 4, pp. 744—767. https://doi.org/10.1108/JIC-10-2019-0239

35. Bernard R. H. (2013). Social research methods: Qualitative and quantitative approaches, 2nd ed. Thousand Oaks, CA: Sage.

36. Bontis N., Chua Chong Keow W., Richardson S. (2000). Intellectual capital and business performance in Malaysian industries. Journal of Intellectual Capital, Vol. 1, No. 1, pp. 85—100. https://doi.org/10.1108/14691930010324188

37. Bontis N. (2004). National Intellectual Capital Index: A United Nations initiative for the Arab region. Journal of Intellectual Capital, No. 1, pp. 13—39. https://doi.org/10.1108/14691930410512905

38. Borin E., Donato F. (2015). Unlocking the potential of IC in Italian cultural ecosystems. Journal of Intellectual Capital, Vol. 16, No. 2, pp. 285—304. https://doi.org/10.1108/JIC-12-2014-0131

39. Bounfour A. (2005). Modeling intangibles: Transaction regimes versus community regimes. In: A. Bounfour, L. Edvinsson (eds.). Intellectual capital for communities. Nations, regions and cities. London: Routledge, pp. 3—18.

40. Brooking A. (1996). Intellectual capital: Core asset for the third millennium enterprise. New York: International Thomson Business Press.

41. Caddy I. (2000). Intellectual capital: Recognizing both assets and liabilities. Journal of Intellectual Capital, Vol. 1, No. 2, pp. 129—146. https://doi.org/10.1108/14691930010377469

42. Chaminade C., Johanson U. (2003). Can guidelines for intellectual capital management and reporting be considered without addressing cultural differences? Journal of Intellectual Capital, Vol. 4, Iss. 4, pp. 528—542. https://doi.org/10.1108/14691930310504545

43. Clement W., Hammerer G., Schwarz K. (1998). Measuring intangible investment. Intangible investment from an evolutionary perspective. Paris: OECD.

44. Dabić M., Vlačić B., Scuotto V. Warkentin M. (2021). Two decades of the Journal of Intellectual Capital: A bibliometric overview and an agenda for future research. Journal of Intellectual Capital, Vol. 22, No. 3, pp. 458—477. https://doi.org/10.1108/JIC-02-2020-0052

45. Ducharme L. M. (1998). Measuring intangible investments. Introduction: Main theories and concepts. Paris: OECD.

46. Dumay J. (2009). Reflective discourse about intellectual capital: Research and practice. Journal of Intellectual Capital, Vol. 10, No. 4, pp. 489—503. https://doi.org/10.1108/14691930910996607

47. Dumay J. (2014). 15 years of the Journal of Intellectual Capital and counting: A manifesto for transformational IC research. Journal of Intellectual Capital, Vol. 15, No. 1, pp. 6—7. https://doi.org/10.1108/JIC-09-2013-0098

48. Dumay J., Garanina T. (2013). Intellectual capital research: A critical examination of the third stage. Journal of Intellectual Capital, Vol. 14, No. 1, pp. 10—25. https://doi.org/10.1108/14691931311288995

49. Durst S., Ferenhof H., Bialecki M., Selig P. (2015). Intellectual capital dimensions: State of the art in 2014. Journal of Intellectual Capital, Vol. 16, No. 1, pp. 58—100. https://doi.org/10.1108/JIC-02-2014-0021

50. Edvinsson L. (2013). IC 21: Reflections from 21 years of IC practice and theory. Journal of Intellectual Capital, Vol. 14, No. 1, pp. 163—172. https://doi.org/10.1108/14691931311289075

51. Edvinsson L., Lin C. Y. Y. (2011). National intellectual capital: Comparison of 40 countries. New-York: Springer. https://doi.org/10.1007/978-1-4419-7377-1

52. Edvinsson L., Sullivan P. (1996). Developing a model for managing intellectual capital. European Management Journal, Vol. 14, No. 4, pp. 356 —364. https://doi.org/10.1016/0263-2373(96)00022-9

53. Guthrie J., Dumay J., Rooney J. (2018). The critical path of intellectual capital. In: J. Guthrie, J. Dumay, F. Ricceri, C. Nielsen (eds.). The Routledge companion to intellectual capital. Abingdon: Routledge, pp. 21—39.

54. Guthrie J., Ricceri F., Dumay J. (2012). Reflections and projections: A decade of intellectual capital accounting research. British Accounting Review, Vol. 44, No. 2, pp. 68—82. https://doi.org/10.1016/j.bar.2012.03.004

55. Kianto A., Andreeva T., Pavlov Y. (2013). The impact of intellectual capital management on company competitiveness and financial performance. Knowledge Management Research & Practice, Vol. 11, No. 2, pp. 112—122. https://doi.org/10.1057/kmrp.2013.9

56. Kristandl G., Bontis N. (2007). Constructing a definition for intangibles using the resource based view of the firm. Management Decision, Vol. 45, No. 9, pp. 1510—1524. https://doi.org/10.1108/00251740710828744

57. Kujansivu P. (2009). Is there something wrong with intellectual capital management models? Knowledge Management Research & Practice, Vol. 7, No. 4, pp. 300—307. https://doi.org/10.1057/kmrp.2009.23

58. Labra R., Sánchez P. M. (2013). National intellectual capital assessment models: A literature review. Journal of Intellectual Capital, Vol. 14, No. 4, pp. 582—607. https://doi.org/10.1108/JIC-11-2012-0100

59. Lakoff G., Johnson M. (1980). Metaphors we live by. Chicago: University of Chicago Press.

60. Lentjušenkova O., Lapina I. (2016). The transformation of the organization’s intellectual capital: From resource to capital. Journal of Intellectual Capital, Vol. 17, No. 4, pp. 610—631. https://doi.org/10.1108/JIC-03-2016-0031

61. Marzo G. (2014). Improving internal consistency in IC research and practice: IC and the theory of the firm. Journal of Intellectual Capital, Vol. 15, No. 1, pp. 38—64. https://doi.org/10.1108/JIC-03-2013-0026

62. Molodchik M. A., Jardon C. M., Bykova A. A. (2019). The performance effect of intellectual capital in the Russian context: Industry vs company level. Journal of Intellectual Capital, Vol. 20, No. 3, pp. 335—354. https://doi.org/10.1108/JIC-10-2018-0190

63. M’Pherson P., Pike S. (2001). Accounting, empirical management and intellectual capital. Journal of Intellectual Capital, Vol. 2, No. 3, pp. 246—260. https://doi.org/10.1108/EUM0000000005659

64. Mubarik M. S., Naghavi N., Mahmood R. T. (2019). Intellectual capital, competitive advantage and the ambidexterity liaison. Human Systems Management, Vol. 38, No. 3, pp. 267—277. https://doi.org/10.3233/HSM-180409

65. Nahapiet J., Ghoshal S. (1998). Social capital, intellectual capital, and the organizational advantage. Academy of Management Review, Vol. 23, No. 2, pp. 242—266. https://doi.org/10.5465/AMR.1998.533225

66. Nielsen C., Roslender R., Schaper S. (2017). Explaining the demise of the intellectual capital statement in Denmark. Accounting, Auditing & Accountability Journal, Vol. 30, No. 1, pp. 38—64. https://doi.org/10.1108/AAAJ-04-2014-1671

67. Ortiz M. A. (2009). Analysis and valuation of intellectual capital according to its context. Journal of Intellectual Capital, Vol. 10, No. 3, pp. 451—482. https://doi.org/10.1108/14691930910977833

68. Pedro E., Leitão J., Alves H. (2018a). Back to the future of intellectual capital research: A systematic literature review. Management Decision, Vol. 56, No. 11, pp. 2502—2583. https://doi.org/10.1108/MD-08-2017-0807

69. Pedro E., Leitão J., Alves H. (2018b). Intellectual capital and performance: Taxonomy of components and multi-dimensional analysis axes. Journal of Intellectual Capital, Vol. 19, No. 2, pp. 407—452. https://doi.org/10.1108/JIC-11-2016-0118

70. Petty R., Guthrie J. (2000). Intellectual capital literature review. Measurement, reporting and management. Journal of Intellectual Capital, Vol. 1, No. 2, pp. 155—176. https://doi.org/10.1108/14691930010348731

71. Putnam R. D. (2000). Bowling alone: The collapse and revival of American community. New York: Simon & Schuster.

72. Sánchez P., Chaminade C., Olea M. (2000). Management of intangibles — An attempt to build a theory. Journal of Intellectual Capital, Vol. 1, No. 4, pp. 312—327. https://doi.org/10.1108/14691930010359225

73. Seleim A., Khalil O. (2011). Understanding the knowledge management-intellectual capital relationship: A two-way analysis. Journal of Intellectual Capital, Vol. 12, No. 4, pp. 586—614. https://doi.org/10.1108/14691931111181742

74. Serenko A., Bontis B. (2013). Investigating the current state and impact of the intellectual capital academic discipline. Journal of Intellectual Capital, Vol. 14, No. 4, pp. 476—500. https://doi.org/10.1108/JIC-11-2012-0099

75. Ståhle P., Ståhle S., Lin C. (2015). Intangibles and national economic wealth a new perspective on how they are linked. Journal of Intellectual Capital, Vol. 16, No. 1, pp. 20—57. https://doi.org/10.1108/JIC-02-2014-0017

76. Stewart T. (1991). Brainpower: How intellectual capital is becoming America’s most valuable asset. Fortune, No. 3, pp. 44—60.

77. Swart J. (2006). Intellectual capital: Disentangling an enigmatic concept. Journal of Intellectual Capital, Vol. 7, No. 2, pp. 136—159. https://doi.org/10.1108/14691930610661827

78. Weziak D. (2006). Intellectual capital of the community of Lubelszczyzna region — Human intellectual capital according to the pilot survey. Gazdálkodás, Vol. 51, No. 19, pp. 204—213.

79. Zambon S. (2016). Ten years after: The past, the present and the future of scholarly investigation on intangibles and intellectual capital (IC). Journal of Intellectual Capital, Vol. 17, No. 1, pp. 99—104. https://doi.org/10.1108/JIC-11-2015-0093


Supplementary files

Review

For citations:


Makarov P.Y. Intellectual capital in the conceptual and categorical apparatus of economics: Critical understanding and systematization. Voprosy Ekonomiki. 2022;(4):5-25. (In Russ.) https://doi.org/10.32609/0042-8736-2022-4-5-25

Views: 1163


ISSN 0042-8736 (Print)