scholarly journals INTELLECTUAL CAPITAL IN THE ERA OF FORMATION AND DEVELOPMENT OF DIGITAL ECONOMY

Author(s):  
Oksana Yavorska ◽  

In a digital economy, the intellectual capital of the enterprise is the most important strategic resource at the fundamental level of modern business processes; and human and relational capital of organizations are generated in accordance with the innovative potential of the enterprise. The study is devoted to the analysis of theoretical approaches and models for studying the intellectual capital of the enterprise in the era of formation and development of the digital economy. Our research is based on objective principles of a systematic approach, economic analysis, logical approach and multimethodology. We have used a set of general and special methods in this article (they are historical method, method of analysis and synthesis, abstract-logical method, scientific abstraction) has also been used in the work. Paind 3D and XMind programs were used for graphic images. Scientists in various fields and disciplines have proposed different conceptual frameworks to identify and justify the correlation between enterprise intellectual capital and economic results at the micro level in systems theory, institutional theory, resource dependence theory and others, as well as the concept of enterprise intellectual capital. The article presents the results of a comparative analysis of the works of Ukrainian and foreign scientists, economists and experts in the management of intellectual capital of the enterprise. The model of intellectual capital of the enterprise has been offered, in which 19 elements in structure of human, structural and relational capitals of the organization have been defined. In the process of analyzing the intellectual capital of the enterprise, conclusions and proposals have been made under the prism of the specifics of the formation of its constituent elements in the era of formation and development of the digital economy. The findings, as well as an overview of approaches to assessing and measuring the intellectual capital of the enterprise can be used in developing organizational methods and improving the policy of human resources management of organizations. The leading vector of further development of intellectual capital of enterprises in the digital economy should be the design of the process of accumulation, classification, measurement and transformation of knowledge capital, as well as the development of tools presentation its elements as materialized and innovative assets. Key words: intellectual capital; knowledge; information; digital economy.

2019 ◽  
Vol 6 ◽  
pp. 10-18
Author(s):  
Pavlo Hrynko

This paper is a theoretical and methodological substantiation of the provisions for the transformation of business in the digital economy and the development of practical recommendations for the formation of an organization’s digital strategy. The characteristic features of changes in consumer behavior that contribute to improving the business management model in the digital economy through the development and implementation of a digital strategy are highlighted. The relevance of theoretical and methodological recommendations and organizational provisions of compositional management and the creation of a fundamentally new enterprise management subsystem are substantiated. Theoretical approaches to improving the organizational structure of enterprises in the digital economy are investigated. The goal and main trends in the field of human resources management are identified, which must be taken into account when forming the organization's digital strategy. The research models of the roadmap of digital transformation of the business, as well as the structural model of the digital development of the business model of the enterprise are presented.


Author(s):  
Oksana Yavorska

Introduction. The article deals with the problem of the main changes expected in the framework of the digital economy are considered. Particular attention is paid to the areas of transformation the knowledge capital in these conditions. A driver of modern digital economy should be regarded as an intellectual capital that based on the combined use of the intangible assets and the information resources of the enterprises. The formation of the intellectual capital of a company is viewed from a systemic perspective and in conjunction with the formation of the knowledge capital of the enterprises. Prpose. The purpose of our article is to determine the distinctive role of corporate knowledge in the formation of the intellectual capital of the enterprise in the digital economy, substantiation of the principle of complementarity in the trajectory of modern transformations of knowledge capital of the organization within the concept of the intellectual capital. Methods. We have used a set of general and special methods in this article (they are historical and logical method, method of analysis and synthesis, grafhic constraction, scientific abstraction). Results. The article presents the author’s view on the emergence of the knowledge capital of the enterprises in the context of the prevailing economic theories, based on an analysis of the evolution of the category «knowledge». The role of knowledge capital for the intellectual capital of the enterprises and its essence in the relational (customer) capital, organisational capital and human capital of the company, firms. The carried-out analysis and synthesis of the existing approaches on studying of intellectual capital of the enterprises taking into account specifics of the knowledge capital of the company are used to support existing managerial policies for better retention practices and management of human resources, for better management practices of the enterprises. Prospects. The leading vector for the development of the intellectual capital of the enterprises in the digital economy should be the question of designing the process of cumulation, classification, measurement and transformation of knowledge capital, as well as the development of tools for translating its elements into materialized and innovative assets of the organization.


2021 ◽  
Vol 14 (3) ◽  
pp. 496
Author(s):  
Agustín Ruiz-Martín ◽  
Eloísa Díaz-Garrido

Purpose: This study seeks to analyse how the servitization topic has been addressed through different theoretical approaches. More specifically, the aim is to answer two key questions: What theoretical approaches have been used to study the phenomenon of servitization? What specific aspects of the servitization process have been analysed through each theoretical approach?Design/methodology/approach: This paper adopts a systematic literature review. The first step involves a descriptive analysis, which is then followed by a thematic one.Findings: The results show that the topic of servitization has been analysed according to the main boundary of the firm theories (Resource-based view, Game theory, and Transaction cost economics) and to organizational boundaries (Contingency theory and Resource dependence theory), among others. From the perspective of these theoretical frameworks, the following topics have received the most scholarly attention: Performance, Capabilities, Supply Chain Management, Business Model, Strategy, and Sustainability.Originality/value: Observations are made on the relevance that diverse theories have on the development of research into servitization. The most suitable theoretical lenses are recommended for future research.


Author(s):  
Rodrigo B. DeMello

Firms deploy value-based strategies to achieve competitive advantage in the marketplace. However, processes of value creation and appropriation do not happen in a vacuum but are structured by a set of formal market institutions that define, among other things, policies and regulations on standards, privacy, safety, trade, and access to resources. Corporate political strategies are the ways firms use to shape these policies and regulations in favorable ways that help them achieve competitive advantage. The political activities include lobbying, participation in hearings, campaign contributions, the use of revolving-door personnel, advocacy, grass-roots mobilization, and nurturing and exploiting political ties. Firms interact with government officeholders in different government arenas, such as national and local legislatures, government agencies, and the judiciary branch. For most corporations, being able to deploy effective political strategies is, therefore, necessary for achieving sustainable competitive advantage. The research into corporate political strategies has tried to explain why firms engage in political strategy, when, and which political activity would yield the best results. The usual theoretical framings draw from Resource Dependence Theory, Institutional Theory, Resource-Based View, Agency Theory, and Stakeholder Theory. While the strategic logic underlying each theoretical approach varies, they are better seen as complementary to each other. The fact that the phenomenon of political strategies is complex, dynamic, and an important part of daily business of several corporations favors the integration of different theoretical approaches. Although the literature on corporate political strategies has considerably advanced, there are still areas that could benefit from future research: the integration of market and political strategies, especially the use of market actions as political influence; the integration of social and political strategies; the role that individual and managerial aspects play in choice of political strategies; and multicountry comparative studies, especially focusing on ideological turnarounds and state capitalism.


2020 ◽  
Vol 21 (6) ◽  
pp. 1209-1228
Author(s):  
Yuting Zhang ◽  
Jiebing Wu ◽  
Tachia Chin ◽  
Xiaofen Yu ◽  
Ning Cai

PurposeThe effect of board intellectual capital on non-profit organizational performance in non-western, less developed economies has been an important yet under-researched area. Given that the institutional and business relationships of a board account for the majority of board intellectual capital, the purpose of this paper is to fill the previously mentioned research gap by addressing how the interactions of the two relationships of board directors influence Chinese philanthropic foundation performance.Design/methodology/approachFollowing Creswell's (2014) explanatory sequential mixed-methodology, a qualitative study (Study 1) was first conducted to pre-test the assumptions, and then a quantitative study (Study 2) was carried out based on a secondary database of 1,405 Chinese philanthropic foundations to further examine the hypotheses. Several regression models were built for analyzing the results.FindingsStudy 1 confirmed that Chinese philanthropic foundations gained greater revenues and hosted more public welfare activities by leveraging the reinforcing or complementary effects of board directors' intellectual capital to improve organizational performance. Study 2 further examined the hypotheses that the interactions of intellectual capital increased the total revenue and public welfare expenditure of the foundations; however, significant positive relationships were only identified in foundations at the local level, and no significant associations were found in those at the national level.Practical implicationsThe research indicates that the intellectual capital of board directors may influence the performance of their philanthropic foundations. Thus, Chinese philanthropic foundations should be more aware of the importance of this influence when determining which candidates will join the board.Originality/valueThe study makes significant contributions to the existing knowledge of the development of non-governmental organizations; it incorporates the resource dependence theory and agency theory into understanding how the intricate interactions between the institutional and business relationships of board directors affect foundation performance and how the jurisdiction affiliations act as a boundary condition for such relationships in a non-western setting such as China.


Author(s):  
Ingebjørg Vestrum

Purpose – Community ventures are likely to increase the well-being and attractiveness of local communities. Community entrepreneurs mobilize inhabitants to actively involve them in the development of the venture. To push local norms and practices, some entrepreneurs introduce external resources and impulses. Consequently, the resource mobilization process of community ventures is likely to involve a range of actors with different goals and demands. This study aims to play with four theoretical approaches to develop a multi-level, conceptual framework of the resource mobilization process. Moreover, the study discusses the role that gender may have in this process. Design/methodology/approach – A conceptual framework is proposed by integrating the resource dependence theory, entrepreneurial orientation, social embeddedness and legitimacy approaches. Findings – The author discusses how each of the four theoretical approaches can add new understanding to the resource mobilization process of community ventures. Integrating these approaches may enable the exploration of the role of community entrepreneurs, local communities and external environments in the resource mobilization process. Moreover, they enable the exploration of mechanisms that are likely to facilitate the process. The study also argues for including gender as a component of the framework and emphasizes a lack of knowledge about gender in community entrepreneurship research. Originality/value – This study provides a conceptual framework to be used in further, empirical research into the resource mobilization process of community ventures. Moreover, the study suggests several questions for further research about the role of gender in community entrepreneurship processes.


Author(s):  
Ірина Леонідівна Решетнікова

The modern pandemic, which has spread to all countries of the world and led to the global economic crisis, has made significant adjustments to the business environment and the organization of business processes of the enterprise. Some of them went offline. As a result, the functions and nature of the marketing departments of the enterprise have changed. All this requires a rethinking of the processes of transformation of marketing structures of enterprises that took place under the influence of the digital revolution. The aim of the research is to generalize the existing theoretical approaches and current trends in the transformation of organizational structures of enterprise marketing in a digital economy. The subject of the research is the conceptual provisions and methodological approaches to building organizational structures of marketing and their adaptation under the influence of the external environment. Methods of the research: system and complex analysis, analytical approach, theoretical generalization and comparison, observation. The statement of basic materials. The article formulates the main trends in changing the business environment of the enterprise and its internal environment, which took place under the influence of the digital revolution and substantiates the need for rapid adaptation and transformation of organizational structures of marketing to respond quickly to the challenges of time. It is proved that in modern conditions of digital economy formation, marketing structures of enterprises, which have passed stages of evolution from non-integrated to integrated structures, more and more often pass to transformation into coordinated structures, transferring sales function (outsourcing of their products) to outsourcing online stores and specialized platforms. The practical significance of the research lies in the possibility of applying the provided recommendations to improve the organizational structures of enterprise marketing in a digital economy. Conclusions and perspectives of further research. The formation of the digital environment creates the preconditions for the transition from integrated marketing structures in the enterprise to coordinated, which include independent Internet intermediaries specializing in the provision of information services.


1992 ◽  
Vol 6 (2) ◽  
pp. 114-132 ◽  
Author(s):  
Trevor Slack ◽  
Bob Hinings

Increased interest in organizational change (i.e., shifts in an organization's structure, strategy, and processes) has led to considerable diversity in the theoretical approaches used to explain the phenomenon. This theoretical diversity has caused some scholars to suggest that a more complete understanding of organizational phenomena such as change is obtained when different theoretical perspectives are used in conjunction with one another. This paper examines a process of change that has been occurring in Canadian national sport organizations. Utilizing the theoretical approaches found in work on resource dependence theory, institutional theory, organizational culture, and the role of transformational leaders in managing change, the paper shows how these approaches explain different aspects of the change process. It also shows how a more complete understanding of change may be gained by using more than one theoretical perspective.


2020 ◽  
Vol 19 (12) ◽  
pp. 2225-2252
Author(s):  
E.V. Popov ◽  
V.L. Simonova ◽  
O.V. Komarova ◽  
S.S. Kaigorodova

Subject. The emergence of new ways of interaction between sellers and buyers, the formation of new sales channels and product promotion based on the use of digital economy tools is at the heart of improving the business processes. Social networks became a tool for development; their rapid growth necessitates theoretical understanding and identification of potential application in enterprise's business process digitalization. Objectives. We explore the role of social media in the digitalization of business processes, systematize the impact of social networks on business processes of enterprises in the digital economy. Methods. The theoretical and methodological analysis of social networks as a tool for digitalization of company's business processes rests on the content analysis of domestic and foreign scientific studies, comparison, generalization and systematization. Results. We highlight the key effects of the impact of social networks on the business processes of the company; show that the digitalization of business processes should be considered in the context of a value-based approach, aimed at creating a value through the algorithmization of company operations. We determine that social networks are one of the most important tools for digitalization of company's business processes, as they have a high organizational and management potential. We also systematize the effects of social media on company's business processes. Conclusions. We present theoretical provisions of the impact of social networks on business processes of enterprises, which will enable to model and organize ideas about the development of digital ecosystems and the formation of business models.


Author(s):  
Kristina A. Bannova ◽  
Nurken E. Aktaev ◽  
Yulia G. Tyurina

Digital technologies have changed the relationship between the society and business entities, taxpayers and the state. Ceteris paribus, the ability to effectively manage financial flows and make administrative decisions depends on the correct and established interaction between the state and taxpayers. This study aims to form and develop a taxpayer’s understanding of the digital age with all its features and opportunities for information and communication technologies, including mathematical modeling methods that form the basis of the digital economy for building and sustaining business development, improving the systemic vision of business processes. The research hypothesis is that the further development of economic entities management in the digital context, as well as the coordination of these entities’ interests, is possible only in the partnership of the key economic participants, with the taxpayer at the forefront. That will allow identifying the areas for improving tax trajectories. Using polynomial approximation, the authors have obtained the models of tax trajectories of companies that allow predicting tax burden. The data for approximations are obtained using the previously constructed mathematical model of the optimal tax path. The main input data of the model are fixed assets and human resources, the totality of which form the production function. The analysis of the transformation of tax paths shows ways for achieving a balance of interests between both the state and the taxpayers. Finding this balance will help to overcome the crisis of confidence in the authorities, the development of adaptability and creativity of Russian society to new tax changes. A number of parameters determines the scale of this task. They include the complexity of the object of study, the long-term and multi-aspect nature of the impact which modeling the digital economy has on adaptation to the new digital realities of the state and taxpayers, as well as the absence of significant analogues of the solution to this problem in global and Russian economics.


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