The human capital of the organization in terms of business value assessment

2017 ◽  
Author(s):  
Ворожбит ◽  
Ol'ga Vorozhbit ◽  
Даниловских ◽  
Tat'yana Danilovskih ◽  
Кузьмичева ◽  
...  
Keyword(s):  
Human Capital ◽  
Intellectual Property ◽  
Intangible Assets ◽  
Graduate Programs ◽  
External Environment ◽  
Business Value ◽  
Value Assessment ◽  
International Environment ◽  
Methodological Approaches

The evolution of the concept of "human capital" levels are formed, place in the structure of intangible assets as part of the organization's intellectual property. Lit methodological approaches used in Russia and abroad for the evaluation of human capital, provides a case study based on the practice of professional valuers. The characteristic of the external environment of an organization as a source of human capital from the position of identification of points of growth in a changing international environment. The monograph will be useful for students of undergraduate and graduate programs, faculty and all those interested in the valuation of human capital of the organization.

scholarly journals Intangible Assets and Economic Growth in Nigeria: An Empirical Investigation

2021 ◽  
pp. 74-84
Author(s):  
Okumoko Tubo Pearce ◽  
Cookey Ibeinmo Friday ◽  
Question Emomotimi Mcdonald
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Intellectual Property ◽  
Intellectual Capital ◽  
Significant Relationship ◽  
Service Sector ◽  
Intangible Assets ◽  
Government Expenditure ◽  
Series Data ◽  
The Impact

This work examines the impact of intangible assets on economic growth in Nigeria, using time series data from 1990 to 2019. Relevant theoretical and empirical literatures were reviewed. Government expenditure on research and development, intellectual capital proxied by human capital stock, intellectual property and service sector employment were regressed as independent variables against the real GDP (proxy for economic growth) as the dependent variable. Secondary data were used for this work. The ARDL bound test was adopted in estimating the model. We discovered that government expenditure on R&D, intellectual capital and intellectual property do not have significant relationship with economic growth proxied by RGDP; meanwhile service sector employment had a significant relationship with economic growth in Nigeria. Also, government expenditure on R&D; and service sector employment were rightly signed; while intellectual capital and intellectual property were not rightly signed. This implies that when government increases its expenditure on R&D, it will result to economic growth, so also service sector employment in the long-run. Meanwhile, an increase in intellectual capital and intellectual property will reduce RGDP. We therefore propose that government should upgrade its spending on R&D so as to boost intellectual capital and property. The government should also create employment for the stock of human capital. Finally, government institutions such as producers’ protection agencies should be empowered to protect intellectual properties in Nigeria.

Measuring and Valuing Knowledge-Based Intangible Assets

2011 ◽  
pp. 268-293 ◽  
Author(s):  
Steve Pike ◽  
Göran Roos
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Intangible Assets ◽  
Relationship Management ◽  
Future Research ◽  
Business Innovation ◽  
Practical Guide ◽  
Knowledge Based

This chapter offers a practical guide to the structure, taxonomy, measurement and use of intellectual capital (IC) in business. It traces the roots of IC and exposes and explains the remarkable lack of consensus that has been allowed to develop over the years and the methods used to try to measure it. In keeping with the practical, yet grounded, approach of the chapter, the chapter focuses on business innovation from an IC perspective. Most importantly, through a case study, the chapter introduces a practical means of measuring IC and modelling businesses predictively connecting soft issues such as human capital and relationship management with hard financial output. Recognising that IC is still an evolving discipline, the chapter offers a number of areas for future research and case study.

scholarly journals Methodical approaches to value assessment and determination of the capitalization level of high-rise construction

2018 ◽  
Vol 33 ◽  
pp. 03030 ◽  
Author(s):  
Vitaly Smirnov ◽  
Leonid Dashkov ◽  
Roman Gorshkov ◽  
Olga Burova ◽  
Alina Romanova
Keyword(s):  
Real Estate ◽  
Cost Estimation ◽  
Intangible Assets ◽  
Value Assessment ◽  
High Rise ◽  
Methodological Approaches

The article presents the analysis of the methodological approaches to cost estimation and determination of the capitalization level of high-rise construction objects. Factors determining the value of real estate were considered, three main approaches for estimating the value of real estate objects are given. The main methods of capitalization estimation were analyzed, the most reasonable method for determining the level of capitalization of high-rise buildings was proposed. In order to increase the value of real estate objects, the author proposes measures that enable to increase significantly the capitalization of the enterprise through more efficient use of intangible assets and goodwill.

scholarly journals Assessing the Intangible Assets

2021 ◽  
Vol 4 (519) ◽  
pp. 154-160
Author(s):  
O. V. Fomina ◽  
◽  
O. O. Avhustоva ◽  
I. K. Shushakova ◽  
◽  
...  
Keyword(s):  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Intangible Assets ◽  
Fair Value ◽  
Legal Regulation ◽  
Intangible Asset ◽  
Cost Approach ◽  
Methodological Approaches ◽  
The Cost

The article is concerned with the issues of assessing the intellectual property rights as part of intangible assets of enterprises. The article is aimed at substantiating the theoretical principles and improving methodological approaches to the assessment of intangible assets in the process of formation of the value of enterprise. The normative-legal regulation of valuation of intangible assets in order to determine the value of intangible assets of enterprises in monetary terms for the purposes of accounting and in the field of professional valuation activity is studied. The interrelationship of approaches of independent professional estimation and accounting valuation in order to apply it to the needs of accountance is specified. Described are the cost (based on determining the cost of expenses, necessary for the reproduction or substitution of the valuation object), profit (used to determine the valuation of intellectual property rights, based on the application of assessing procedures for transferring the expected profit to the value of the assessed object) and comparative (determines the market value of an intangible asset, when there is sufficient reliable information on prices in the market of such objects and the terms of contracts for the disposal of property rights to such objects) approaches to the valuation of intangible assets. The formulas for computing the value of intangible assets based on the cost approach are provided. The assessment of intangible assets is carried out according to the above specified formulas of the cost approach on the example of a patent for invention. It is determined that in the absence of an active market to determine the fair value of intangible assets, it is advisable to apply the cost approach, namely: the method of direct reproduction.

scholarly journals Intellectual Capital in light of Creativity and Competitiveness: Overview of Organizations’ Intangible Assets.

2019 ◽  
pp. 1135-1143
Author(s):  
Ahmad Yousef Areiqat
Keyword(s):  
Human Capital ◽  
Intellectual Property ◽  
Intellectual Capital ◽  
Intangible Assets ◽  
Market Value ◽  
Book Value ◽  
Structural Capital ◽  
Property Assessment ◽  
To Come ◽  
The Impact

This research paper addresses several issues related to intellectual capital including a historical overview, the interest in elusive and intangible assets, and the impact of latest technological progress associated with the information technology developments. Ralph Stayer, CEO of Johnsonville Foods Company was the first to use the term “intellectual property” to refer to the organization’s intangible assets. This paper also identifies the concept of intellectual property being a set of all knowledge capacities of the organizations that help them achieve their goals. The intellectual property includes ideas, inventions, technology, general knowledge, computer soft wares and programs, designs, data skills, processes, creativity and applications in all organizations. The intellectual capital is knowledge that can be converted into profits. The components of this concept were identified as follows: Structural capital, human capital, social capital and the psychological capital. The paper also discusses various definitions provided by several researchers relating to intellectual capital, amongst them: Edvinsson & Malone, K. E. Svieby, Y. Malhorta, T. Stewart, Despres & Channvel, and Mckenzie & Winkelen. Moreover, the researcher tackled different measures used in intellectual property assessment and classified them in the following clusters: (1) descriptive measures/scales that describe some traits and characteristics and are based on exploring views related to identify the impact of the intellectual capital on organizations’ business (2) scales and models correlated to the intellectual capital and the intellectual property, which measure the intellectual capital components (3) market value scales and models which focus on the book value of knowledge assets and their market value (4) scales and models of knowledge revenues which are based on calculating returns on assets (ROA). The paper concluded stating that specific issues relating to companies and the nature of the market made it impossible to come up with certain results that can be generalized when making comparison among modern administrative trends or attitudes which defined the intellectual capital as intangible assets. Thus, the researcher urged researchers and parties interested in building up and upgrading companies’ capacities to exert intensive efforts to boost investment in human capital for its key and influential role in accomplishing excellence and enhance the position of these companies.

scholarly journals Intellectual property assessment: development of information and methodological support in conditions of limited information

2021 ◽  
Vol 1 (13 (109)) ◽  
pp. 48-56
Author(s):  
Tetyana Momot ◽  
Maria Karpushenko ◽  
Serhiy Prilipko ◽  
Natalia Mushchynska ◽  
Darina Momot
Keyword(s):  
Intellectual Property ◽  
Intangible Assets ◽  
Methodological Approach ◽  
Objective Assessment ◽  
Visual Assessment ◽  
Limited Information ◽  
Technical Developments ◽  
Methodological Approaches ◽  
Property Assessment ◽  
Leading Enterprises

Assessment of intellectual property is an important process of commercialization of scientific and technical developments of enterprises of all forms of ownership. This is carried out to determine the value of intellectual property objects (IPO) in connection with the transfer of ownership (purchase, sale) to the corresponding object, the conclusion of a license agreement for the IPO use, accounting for IPO in accounting, contributed to the authorized capital, etc. Under such conditions, the problem of IPO underestimating significantly reduces the efficiency and effectiveness of enterprises. At the same time, the uniqueness of many types of intellectual assets and the impossibility of their visual assessment determine the expediency of systematizing methodological approaches to assessing the value of intellectual property assets to ensure an objective assessment of the value of intellectual property. This will help increase the profitability and business value of the enterprise. The aim of research is to develop theoretical and methodological provisions and substantiate practical recommendations for improving information and methodological support for assessing the value of intangible assets, taking into account the requirements of regulatory documents and the availability of the necessary information. Based on the results of the study, methodological approaches to determining the value of intangible assets are systematized. According to the financial statements, the value of intangible assets of the leading enterprises of Ukraine and their share in the total value of assets were analyzed. The features of the assessment of intangible assets in accordance with accounting standards have been determined, a methodological approach to the assessment of the value of intellectual property has been developed, it allows to reasonably choose a method for assessing IPO based on the analysis of available information. It is proved that the lack of objective information on the value of IPO significantly reduces the value of assets of Ukrainian enterprises in comparison with the leading companies in the world, reduces their investment attractiveness and does not contribute to economic development

Mobility and Immobility in a Transnational Context: Changing Views of Migration among the Kazakh Diaspora in Mongolia

2006 ◽  
Vol 3 (1) ◽  
pp. 49-62 ◽  
Author(s):  
Cynthia Werner ◽  
Holly R. Barcus
Keyword(s):  
Social Networks ◽  
Transnational Migration ◽  
Access To Information ◽  
Kazakh Population ◽  
Methodological Approaches

Inquiry into the causes and outcomes of transnational migration spans numerous disciplines, scales and methodological approaches.  Fewer studies focus on immobility.  Utilizing the Kazakh population of Mongolia as a case study, this paper considers how non-migrants view the economic and cultural costs of migrating.  We posit that three factors, including local place attachments specific to Mongolia, access to information about life in Kazakhstan and the importance of maintaining social networks in Mongolia, contribute substantially to their decision to not migrate. Our findings suggest that the decision to not migrate can be very strategic for non-migrants in highly transnational contexts.  

Sub-state actors and foreign policy risk-taking: The Kurdistan Regional Government of Iraq

2020 ◽  
Vol 8 (2) ◽  
pp. 339-369
Author(s):  
David Romano
Keyword(s):  
Foreign Policy ◽  
Risk Taking ◽  
Foreign Relations ◽  
External Environment ◽  
Regional Government ◽  
Political Systems ◽  
Foreign Policies ◽  
State Actors ◽  
Policy Risk

The analysis presented here offers a possible framework for understanding when sub-state actors behave prudently and more strategically in their foreign relations, and when other priorities might instead heighten the chances of seemingly irrational, erratic, or dangerous, foreign policies. Using a case study of the Kurdistan Regional Government of Iraq to illustrate the argument, the author attempts to show how “regime consolidation” plays a key role in allowing such actors to prioritise policies aimed at grappling with external challenges, threats and opportunities. Internally legitimate, consolidated regimes can better present “one face” to the outside world and behave more strategically in the international arena.  Political systems lacking consolidation or internal legitimacy, in contrast, turn to the external environment in search of resources to help them with domestic threats and challenges. This may lead to seemingly erratic, unpredictable and risky foreign policies on their part. Abstract in Kurmanji Aktorên bin-dewletî û girtina rîskên siyaseta derve: Hikûmeta Herêma Kurdistanê ya Iraqê Analîza ku li vir hatiye pêşkêşkirin çarçoveyeke muhtemel ji bo fehmkirina demên ku aktorên bin-dewletî di têkiliyên xwe yên derve de bi hişyarî û stratejîk tevdigerin û demên di dewsê de pêşkiyên din şansên siyaseta derve yên xeternak, guherbar û îrrasyonel didine ber xwe. Bi bikaranîna mînaka Hikûmeta Herêma Kurdistanê ya Iraqê nivîskar hewl dide ku nîşan bide ka çawa “xurtkirina rejîmê” roleke serekî dilîze di destûrdana van aktoran de ku pêşekiyê bidin polîtîkayên ku bi dijwarî, tehdît û talûkeyên derve bigre. Rejîmên di hundir de meşrû û xurt dikarin baştir “rûyekî” nîşanê cîhana derve bidin û di qada navneteweyî de bêhtir stratejîk tevbigerin. Lê belê sîstemên siyasî yên ne xurt û di hundir de ne meşrû jî berê xwe didin derdora derve di lêgerîna çavkaniyan de da ku alîkariya wan bikin ji bo talûke û zehmetiyên hundirîn. Ev dikare bibe sedem ku ew polîtîkayên derveyî yên birîsk, netexmînbar û hevnegir ên berçav bigrin ji aliyê xwe ve. Abstract in Sorani Ektere dewllete lawekeyyekan û xoleqerey metrisî danî syasetî derewe: hkumetî herêmî kurdistanî ‘êrraq Ew şîkaryaney lêreda amadekrawn , çwarçêweyekî guncaw pêşkeş dekat bo têgeyiştin lewey le katêkda ektere dewllete lawekîyekan beşêweyekî wiryayane û sitratîjyanetir le peywendîyekanî derewey xoyanda hellsukewt deken, we katêkîş ewlewîyetekanî tir renge şansî ewey le rukeşda wek syasetî derekî na'eqllanî, namo, yan trisnak derdekewêt berizbkatewe. Hkumetî herêmî kurdistanî 'êraq wek keysî twêjînewe bekarhatuwe bo rûnkirdnewey ew argumêntey ke nûser hewll dedat nîşanî bdat çon “ptewkirdnî rjêm” rollêkî serekî debînêt le rêgedan bew core ekterane bo ewey ew syasetane bkate ewlewîyet ke amanc lêy berberekanêy allingarîy û hereşe û derfete drekîyekane. Ew rjêmaney ke şer'îyetî nawxoyyan heye û çespawn baştir detwanin “yek rûîy” pîşanî dinyay derewe bken û le meydanî nêwdewlletîşda sitratîjyanetir hellsukewt bken. Bepêçewanewe, ew sîsteme syasyaney ke neçespawn û şer'îyetî nawxoyyan kurtidênêt, le gerran bedway serçawekanda rû le jîngey derekî deken bo ewey yarmetîyan bda le herreşe û allingarîye nawxoyyekan. Eme lewaneye wabkat ke ew syasete derekîyaney ke be namo, pêşbînî nekraw û metrisîdar derdekewn le terefî ewanewe bêt. Abstract in Zazaki Faîlê bindewletkî û rîskgêrîya sîyasetê teberî: Hukmatê Herêmê Kurdîstanî yê Îraqî   No analîzê tîyayî seba fehmkerdişê wextê ke faîlê bindewletkîyî têkilîyanê xo yê teberî de bitedbîr û hîna zaf stratejîk hereket kenê û wexto ke herinda ci de prîorîteyê bînî asayîş ra gore îhtîmalê polîtîkayanê teberî yê bêmantiq, bêqerar yan zî xeternakan kenê zêde, ci rê çarçewayêka potansîyele pêşkêş keno. Bi xebata nimûneyî yê Hukmatê Herêmê Kurdîstanî yê Îraqî no arguman nîşan dîyeno. Nuştox wazeno bimusno ke “konsolîdasyonê rejîmî” senî rolêko sereke gêno ke tede kerdoxanê winasîyan rê destûr dîyeno ke polîtîkayanê xo yê çareserkerdişê zehmetî, tehdîd û îmkananê teberî prîorîtîze bikerê. Eke zere de meşrû yê, rejîmê kondolîdekerdeyî eşkenê xo bi “yew rî” teber rê bimusnê û sahneya mîyanneteweyîye de hîna zaf stratejîk hereket bikerê. Heto bîn ra, sîstemê sîyasîyî ke tede konsolîdasyon yan zî meşrûîyetê zereyî çin ê, ê xo çarnenê dorûverê xo yê teberî ke seba helkerdişê tehdîd û zehmetîyanê zereyî ro çimeyan bigêre. No seba înan beno ke bibo sebebê polîtîkayanê teberî yê bêqerar, nevervînbar û rîzîkodaran.

Transformation of the intellectual capital structure and a growth in the significance of its components – human capital and intellectual property – in today's economy

2020 ◽  
Vol 16 (4) ◽  
pp. 745-758
Author(s):  
S.N. Larin ◽  
E.Yu. Khrustalev ◽  
N.V. Noakk
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Intellectual Property ◽  
Intellectual Capital ◽  
Global Economy ◽  
Information Technologies ◽  
Economic Community ◽  
Intellectual Activity ◽  
Accelerated Growth ◽  
Definition Of

Subject. Currently, as the global economy evolves, its innovative components should demonstrate a tendency of accelerated growth as intellectual capital, information technologies, increasing knowledge and digitization of mushrooming production processes. Nowadays, intellectual capital is one of the economic development drivers. However, the economic community is found to have no generally accepted wording of the concept, thus laying the basis for this article. Objectives. The study sums up the analysis of approaches used by the Russian and foreign economists to determining the economic substance of intellectual capital. We also identify the importance of human capital as its components and specify the definition of the concept. Methods. The article overviews and analyzes proceedings by the most renowned authors, which substantiate how the economic substance of intellectual capital should be unveiled, and suggest its definitions. Results. We specified the definition of intellectual capital concerning the current economic development. We suggest integrating a new component into intellectual capital, such as intellectual property, which includes products of intellectual activity and intangible assets. They can be owned by the entity or other legal entities and individuals, including some employees of the entity. Conclusions and Relevance. The specified definition of intellectual capital will help address issues of sustainable economic development and ensure the competitiveness of the Russian entities nationwide and worldwide, since it directly contributes to intellectual capital and its components.

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