JEL Classification: 031; 032; 039.
Cherkashyna T., PhD (Economics), Associate Professor, Department of Economic theory, Statistics and Forecast, Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine
ORCID ID: 0000-0003-3675-0391
e-mail: t.cherkashina@hotmail.com
Lisna I., PhD (Economics), Associate Professor Department of Economic Theory, Statistics and Forecast, Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine
ORCID ID: 000-0002-4083-9412
e-mail: lisnair@ukr.net
Methodological approach to the determination of efficiency of national intellectual capital use in the knowledge-based economy
Introduction. In the world of big business, one of the leading trends is the increase of the role of intellectual assets and intangible variables. As a result, these new variables are considered as the drivers for entailing like-for-like economic growth and spreading globalization processes throughout the world. That is why the investigation of theoretical and practical aspects of the estimation of national intellectual capital (NIC) is an actual both scientific and practical task.
Purpose. The purpose of this paper is to propose the methodological approach to the determination of the efficiency of national intellectual capital use in the knowledge-based economy, test the approach in Ukrainian economy and, on its basis, to make some recommendations on how to increase NIC use in Ukraine under given conditions.
Results. The methodological approach to the determination of the efficiency of national intellectual capital (NIC) use in the knowledge-based economies has been proposed. It involves the following stages: formation of a set of partial indicators that characterizes the efficiency of the use of the components of NIC (the coefficient of literacy rate, the coefficient of qualification, the coefficient of knowledge of foreign languages, the coefficient of enterprises’ implementation of organizational innovations, the coefficient of enterprises’ implementation of marketing innovations, the coefficient of enterprises’ implementation of advanced technologies, the coefficient of science intensity of the state budget, the coefficient of innovation products, the coefficient of employment in the science intensive sectors, the coefficient of publication activity, the coefficient of engineering and technical activity, the coefficient of invention activity), calculation of general coefficients of the efficiency of the use of the components of NIC (general coefficient of national human capital use, general coefficient of national process capital use, general coefficient of national marketing capital use, general coefficient of national capital of development and renewal use), calculation of coefficients of efficiency of the use of the components of NIC, calculation of integral coefficient of the efficiency of NIC use, making some scientific and practice recommendations on how to increase the efficiency of NIC use. Ukrainian economy from 2010 to 2017 has been used as a basis for an implementation of the methodological approach.
Conclusions. It has been founded that, in spite of great scientific and technical potential, NIC use of Ukraine is not effective. The research also has been showed that the efficiency of the use of the national process and national market capital is very low in Ukraine. The recommendations on how to increase the efficiency NIC use of Ukraine have been also determined in this article, in particular, it is proposed to improve the legal and regulatory framework for structural and innovation transformations, develop the venture entrepreneurship, develop the industries belonging to the fifth and sixth technological wave, give the tax privileges for innovation entrepreneurs.
Key words: national intellectual capital, national market capital, national process capital, knowledge-based economy, national innovation system, venture enterprise, market innovation.
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Received: 05 September 2018
How to quote this article? |
Cherkashyna, T. S. and Lisna, I. F. (2018). “Methodological approach to the determination of efficiency of national intellectual capital use in the knowledge-based economy”, Modern Economics, vol. 11(2018), pp. 160-166. DOI: ttps://doi.org/10.31521/modecon.V11(2018)-26 |