scholarly journals Production Potential of a Gas Producing Complex: Concept, Structure, Factors of Its Formation and Usage

2020 ◽  
Vol 4 (46) ◽  
pp. 265-272
Author(s):  
N. M. Andriishyn ◽  
Keyword(s):  
Intellectual Capital ◽  
Production Capacity ◽  
Production Equipment ◽  
Gas Production ◽  
Practical Implementation ◽  
Sustainable Competitive Advantage ◽  
Production Potential ◽  
Balanced Development ◽  
Complex Concept ◽  
Tangible Assets

The economic essence of the category "production potential of the gas producing complex" is substantiated from the standpoint of the systemic approach and a set of factors determining the ability of a gas producing complex (GPC) to perform its functions. Methodical approaches to the interpretation of the essence and structure of production potential are determined, taking into account the peculiarities of gas production. It is noted that the study of production capacity should begin with its production functions, which are provided by the resource potential of a company. The relationship between production factors and production resources lies in the fact that only resources that can be used in production are considered factors of production. Emphasis is placed on the fact that the success of the gas producing complex today is not only determined by the size of hydrocarbon deposits and the availability of modern technologies or production equipment, but mainly by available intellectual capital, which includes leading technicians, gas producing management and programmers together with the software developed by them. It has been proven that a company’s ability to effectively use intellectual capital is a sustainable competitive advantage in ensuring future balanced development, as intellectual capital is based on the accumulation and use of knowledge, ideas and information that are specific to a particular company. The effect of their usage is the result of practical implementation of this knowledge, transfer of experience to young employees of the company, and interaction with partners and contractors. Nowadays, intellectual capital affects the investment attractiveness and competitiveness of the GPC to a greater extent than tangible assets and financial capital. Therefore, the production potential of a gas producing complex cannot be confined to its production capacity (tangible equity). It is concluded that, based on the fact that the GPC is a system of enterprises and organizations with different functions, its production potential should be considered systematically, comprehensively assessing the quantity and quality of resources that create opportunities for all its structural units to perform their functions in accordance with strategic development tasks.

An Efficiency Model for Assessing Intellectual Capital

2021 ◽  
pp. 84-91
Author(s):  
Aleksey Myasoedov
Keyword(s):  
Intellectual Capital ◽  
Intangible Assets ◽  
Knowledge Society ◽  
Favorable Effect ◽  
Sustainable Competitive Advantage ◽  
Economic Wealth ◽  
Tangible Assets ◽  
Key Factor ◽  
Essential Resource ◽  
Knowledge Intensive

Today we live in a knowledge society, a society shaped by the information revolution and developed by communication technologies. At the dawn of the new era, the concept of intellectual capital was first used to explain the importance of intellectual resources - such as information, knowledge, and experience - in the modern economy. Today, intellectual capital is a key factor in the company's profitability and has become an essential resource for creating economic wealth. In this environment, intellectual capital and intangible assets are fundamental to success. Intellectual capital consists of intangible assets that, when properly used, become a source of sustainable competitive advantage. To create value, the components of intellectual capital must interact. The assessment of intellectual capital is an important activity for any organization operating in a competitive market, and involves the achievement of intangible assets, but at a lower cost. The interest in measuring intellectual capital was caused by the fact that accounting, as it is currently practiced, has largely lost its information capacity as enterprises have become more and more knowledge-intensive. Traditional valuation methods based on accounting principles, where the value of a company's assets is a fraction of the value, have systematically undervalued companies. The existence of non-financial standards is critical to the company's value creation, as the accounting rules, under constant review, were originally developed for tangible assets, which are a source of wealth in the industrial period. In the literature, the assessment of intellectual capital is considered in different ways, with many approaches developed over time based on research and research, most of which are aimed at improving the performance of an organization, measured by different tools. This article is a synthesis of the most well-known models used to evaluate intellectual capital and its subsequent implementation in the case of Company X. The results obtained confirm the hypothesis that the intellectual capital of a company has a favorable effect on the results of the organization's activities and may indicate future competitiveness.

scholarly journals The Impact of Intellectual Capital on the SMEs Performance: A Study of the Romanian Central Region SMEs

2021 ◽  
Vol 16 (1) ◽  
pp. 198-209
Author(s):  
Ramona Todericiu
Keyword(s):  
Competitive Advantage ◽  
Organizational Performance ◽  
Intellectual Capital ◽  
Business Performance ◽  
Intangible Assets ◽  
Sustainable Competitive Advantage ◽  
Economic Competition ◽  
Start Up ◽  
Tangible Assets ◽  
The Impact

Abstract The 21st century is the century of change and maybe one of the most important changes in the organizations’ life is the transition from focusing on the development of the tangible assets to the development of the intangible assets and the interest for attracting human resources capable to generate performance. The survival of many companies depends on their willingness and capacity to adapt to such changes. (Abdulaali, 2018) In this dynamic and complex economic system, the intangible assets of organizations become primary, being decisive for the organizations’ performance. In the new economic competition, intangible assets provide a sustainable competitive advantage, intellectual capital and intangible assets representing the key factor in company profitability and success. In the knowledge based society, intellectual capital has more value for organizations than tangible assets and knowledge becomes a permanent source of competitiveness (Bhatti, Zaheer, 2014). It is considered by specialists a valuable and strategic resource, since the success of organizations depends on creating, discovering, storing, disseminating, measuring and developing knowledge. The main objective of the research presented in this paper is to offer an overview on the specific problems and needs of the entrepreneurs financed through the Romania Start-up Plus programme, part of Start-UP Hub: The Entrepreneurs Laboratory Cod SIMS: 105648. A primary target of this research is to examine the components of intellectual capital and the way in which the intellectual capital influences the small business performance. The majority of the researchers agree that intellectual capital is directly connected to the performance of the SMEs sector. The results of our analysis shows the fact that intangible assets influence business development in various ways, such as increasing competitive advantage, expanding employee competency and improving organizational performance.

scholarly journals A Normative Approach to Valuation, Value Enhancement and Financial Statement Reporting of Intellectual Capital

2020 ◽  
Vol 3 ◽  
pp. 25-52
Author(s):  
Michael So ◽  
◽  
Janek Ratnatunga
Keyword(s):  
Competitive Advantage ◽  
Intellectual Capital ◽  
Theoretical Foundation ◽  
Empirical Studies ◽  
Economic Value ◽  
Financial Statement ◽  
Sustainable Competitive Advantage ◽  
Normative Approach ◽  
Reporting Framework ◽  
Tangible Assets

Intellectual capital (IC) is increasingly seen as an integral part of a firm’s value-creating processes and an essential strategic asset in creating corporate sustainable competitive advantage (Bukh, 2003; Chen, Cheng & Hwang, 2005). Nevertheless, reporting on IC is currently inconsistent, incomparable, and incomplete because of a lack of consistent guidance. This paper presents a normative IC valuation and reporting framework based on the Capability Economic Value of Intangible and Tangible Assets (CEVITA) approach (Ratnatunga, Gray & Balachandran, 2004). The proposed framework enables the application of CEVITA to the valuation of intellectual capital capability and provides a theoretical foundation for future empirical studies in relation to IC valuation and reporting.

IC & OI The impact of intellectual capital on organizational innovation

2020 ◽  
Vol 6 (7) ◽  
pp. 1257-1265
Author(s):  
Fouad El-Gamal
Keyword(s):  
Intellectual Capital ◽  
Middle Managers ◽  
Organizational Innovation ◽  
Sustainable Competitive Advantage ◽  
Dominant Dimension ◽  
Structural Capital ◽  
Corporate Innovation ◽  
Research Findings ◽  
The Impact ◽  
Depth Interviews

Intellectual capital can generate value for organizations and improve organizational innovation. This study aims to investigate the effects of intellectual capital on corporate innovation. Mixed research methodology approach has been used by combining both qualitative and quantitative analysis to explore and empirical examine the research model. The targeted population of interest is the licensed pharmaceutical manufactures, 90 organizations in the Egyptian pharmaceutical industry throughout its three main sectors (11 public, 70 local private and 9 MNCs). Statistical analyses are employed based on the questionnaires gathered from 39 pharmaceutical manufactures’ companies (44% response rate). In addition, sixty-three “63” in depth interviews have been conducted with both top and middle managers. The research findings indicate that all dimensions of intellectual capital (human, structural, and relational capital) have positive significant effects on organizational innovation of pharmaceutical manufactures’ companies. The study clarifies that the most dominant dimension is structural capital, which provides the largest and strongest support to pharmaceutical manufactures’ companies. The deep realization of the importance intellectual capital and its impact on innovation helps leaders to adopt accurate system to run organizational innovation in a better way, which lead to sustainable competitive advantage for organizations.

scholarly journals Influence of depressurization rate on gas production capacity of high-rank coal in the south of Qinshui Basin, China

2019 ◽  
Vol 46 (3) ◽  
pp. 642-650 ◽  
Author(s):  
Xuefeng SU ◽  
Yan LIU ◽  
Zhouqi CUI ◽  
Jianguo ZHANG ◽  
Li YU ◽  
...  
Keyword(s):  
Production Capacity ◽  
Gas Production ◽  
High Rank ◽  
The South ◽  
Qinshui Basin

scholarly journals How Can Agricultural Corporate Build Sustainable Competitive Advantage through Green Intellectual Capital? A New Environmental Management Approach to Green Agriculture

2021 ◽  
Vol 18 (15) ◽  
pp. 7900
Author(s):  
Chulin Pan ◽  
Yufeng Jiang ◽  
Mingliang Wang ◽  
Shuang Xu ◽  
Ming Xu ◽  
...  
Keyword(s):  
Environmental Management ◽  
Competitive Advantage ◽  
Intellectual Capital ◽  
Moderated Mediation ◽  
Mediation Effect ◽  
Relational Model ◽  
Management Approach ◽  
Sustainable Competitive Advantage ◽  
Green Innovation ◽  
Mediation Effects

Based on natural resource-based theory, this study constructed a relational model between green intellectual capital, green innovation, and an agricultural corporate sustainable competitive advantage. The samples included a total of 341 agricultural companies in China, and multiple regression methods are used for the analysis. The results showed that green product innovation and green process innovation had a mediation effect between green human capital, green structural capital, green relational capital, and the sustainable competitive advantage of agricultural corporate. Beyond the simple moderation effect, a new integrated moderated-mediation effect model was established. It was shown that environmental leadership, green organizational identification, and green dynamic capability had different moderated-mediation effects under different conditions. The study is expected to close the previous research gaps and insufficiency in agricultural corporate environmental management and green agricultural. The empirical results and conclusions bring enlightenment and meaningful theoretical guidance to managers, researchers, practitioners, and policy makers in the green and sustainable development of agricultural corporates. The new environmental management path can help agricultural corporates conduct green innovation effectively, adapt to the green agricultural products market, and achieve sustainable competitive advantage. Ultimately, this will help to accelerate the development of green agriculture.

Natural fractures in tight gas sandstones: a case study of the Upper Triassic Xujiahe Formation in Xinchang gas field, Western Sichuan Basin, China

2021 ◽  
pp. 1-18
Author(s):  
Yunzhao Zhang ◽  
Lianbo Zeng ◽  
Wenya Lyu ◽  
Dongsheng Sun ◽  
Shuangquan Chen ◽  
...  
Keyword(s):  
Production Capacity ◽  
Gas Production ◽  
Upper Triassic ◽  
Tight Gas ◽  
Natural Fractures ◽  
Carbon And Oxygen Isotopes ◽  
Gas Field ◽  
Xujiahe Formation ◽  
Western Sichuan ◽  
Tight Gas Reservoir

Abstract The Upper Triassic Xujiahe Formation is a typical tight gas reservoir in which natural fractures determine the migration, accumulation and production capacity of tight gas. In this study, we focused on the influences of natural fractures on the tight gas migration and production. We clarified characteristics and attributes (i.e. dips, apertures, filling degree and cross-cutting relationships) of the fractures based on image logging interpretations and core descriptions. Previous studies of electron spin resonance, carbon and oxygen isotopes, homogenization temperature of fluid inclusions analysis and basin simulation were considered. This study also analysed the fracture sequences, source of fracture fillings, diagenetic sequences and tight gas enrichment stages. We obtained insight into the relationship between fracture evolution and hydrocarbon charging, particularly the effect of the apertures and intensity of natural fractures on tight gas production. We reveal that the bedding fractures are short horizontal migration channels of tight gas. The tectonic fractures with middle, high and nearly vertical angles are beneficial to tight gas vertical migration. The apertures of fractures are controlled by the direction of maximum principal stress and fracture angle. The initial gas production of the vertical wells presents a positive correlation with the fracture abundance, and the intensity and aperture of fractures are the fundamental factors that determine the tight gas production. With these findings, this study is expected to guide the future exploration and development of tight gas with similar geological backgrounds.

ALOKASI ANGGARAN, INTELLECTUAL CAPITAL, KINERJA KEUANGAN, DAN INDIKATOR KINERJA UTAMA BADAN LAYANAN UMUM

2021 ◽  
Vol 07 (01) ◽  
Author(s):  
Setyo Budi Hartono ◽  
◽  
Wahab Zaenuri ◽  
Fania Mutiara Savitri ◽  
Dessy Noor Farida ◽  
...  
Keyword(s):  
Human Resources ◽  
Financial Performance ◽  
Path Analysis ◽  
Intellectual Capital ◽  
Performance Indicators ◽  
Intangible Assets ◽  
Budget Allocation ◽  
Intangible Asset ◽  
Tangible Assets ◽  
Tangible Asset

Abstrak: Penelitian ini ditujukan pada anggaran dalam bentuk intangible asset (sumber daya manusia) dan tangible asset (aset tetap dan persediaan) yang diprediksi dapat mempengaruhi intellectual capital, kinerja keuangan sekarang dan mendatang, serta indikator kinerja utama. Alokasi anggaran sebagai baromater prioritas dalam mengembangkan intellectual capital ditujukan untuk memenuhi performa keuangan bagi indikator kinerja utama organisasi. Populasi yang juga menjadi sampel yaitu unit dan fakultas pada UIN Walisongo Semarang sebanyak 30 unit. Metode pengambilan sampling menggunakan teknik sampel jenuh yang mengambil seluruh populasi. Data yang digunakan adalah data sekunder berupa laporan tahunan dan laporan pencapaian indikator kinerja utama tahun 2019-2020. Analisis data menggunakan path analysis. Hasil penelitian ini adalah alokasi APBN tahun 2019 UIN Walisongo hanya terfokus pada tangible asset sebesar 82%, sementara 18% dialokasikan untuk intangible asset. Intangible asset tidak berpengaruh secara terhadap semua hubungan, hanya tangible asset saja yang dapat mempengaruhi intellectual capital secara langsung dan kinerja keuangan sekarang secara tidak langsung. Berdasarkan hasil penelitian ini menunjukkan perlu dilakukan audit sumber daya manusia sehingga dapat ditetapkan alokasi kebutuhan anggaran bagi intangible asset-nya. Abstract: This research is aimed at the budget in the form of intangible assets (human resources) and fixed assets and inventories that are predicted to affect intellectual capital, current and future financial performance, as well as key performance indicators. Budget allocation as a priority barometer in developing intellectual capital is aimed at meeting financial performance for the organization's main performance indicators. The population that is also a sample is 30 units and architecture at UIN Walisongo Semarang. The sampling method uses a saturated sample technique that takes the entire population. The data used is secondary data in the form of annual reports and performance indicator reports for 2019-2020. Data analysis using path analysis. The results of this study were that the 2019 State Budget allocation of UIN Walisongo only focused on tangible assets by 82%, while 18% was allocated for intangible assets. Intangible assets do not affect all relationships, only tangible assets can directly affect intellectual capital and current financial performance indirectly. Results Based on this research, it is necessary to conduct an audit of human resources so that they can determine the allocation of budget requirements for intangible assets.

scholarly journals The return on assets method for intellectual capital and application in Istanbul Stock ExchangeHesaplanmış maddi olmayan değer yöntemi ile entelektüel sermayenin hesaplanması ve Borsa İstanbul’da bir uygulama

2016 ◽  
Vol 13 (3) ◽  
pp. 4675
Author(s):  
Tayfun Deniz Kuğu
Keyword(s):  
Intellectual Capital ◽  
Development Process ◽  
Intangible Assets ◽  
Stock Exchange ◽  
Return On Assets ◽  
Industry Development ◽  
Tangible Assets ◽  
Istanbul Stock Exchange ◽  
Physical Assets

Industry development process based on the information of the physical assets must be incline toward. In this regard, enterprises as well as tangible assets, intangible assets they have is a growing importance. In this case, the measurement of intangible assets for businesses, evaluating and comparing with competitors constitutes necessity. In other words, it is necessary for the existence of intellectual capital business. ÖzetSanayinin gelişim süreci fiziksel varlıklardan bilgiye dayalı varlıklara yönelmeyi zorunlu kılmaktadır. Bu bakımdan işletmelerin maddi duran varlıklarının yanı sıra, sahip oldukları maddi olmayan duran varlıkları da artan bir öneme sahip olmaktadır. Bu durum işletmeler için maddi olmayan duran varlıklarının ölçülmesi, değerlendirilmesi ve rakipleri ile kıyaslanması zorunluluğunu oluşturmaktadır. Bir başka deyişle, Entelektüel sermaye işletmelerin varlığı için gereklidir.

scholarly journals Zmiany w produkcji i eksporcie malin i wiśni w krajach Europy Południowej i Wschodniej i ich znaczenie dla produkcji w Polsce

2019 ◽  
Vol 19(34) (2) ◽  
pp. 65-76
Author(s):  
Sylwia Kierczyńska
Keyword(s):  
Small Area ◽  
Production Capacity ◽  
International Markets ◽  
Fruit Production ◽  
Southern Europe ◽  
Fruit Crops ◽  
Large Area ◽  
Production Potential ◽  
Export Volume ◽  
Lower Production

The aim of the study was to examine the changes in production and export of raspberries and sour cherries, which are the domain of Polish production on the international markets, in the countries of Eastern and Southern Europe during the 2006-2017. There was used data from Faostat database for the analysis of fruit production, and from Comtrade database for the analysis of export volume. Study points to the development of production and an increase in the export of raspberries in countries with a smaller area of cultivation of this fruit crops and stability in countries with a large area of crops of raspberries. In the case of sour cherries, in most countries, both large and small area plantings, production potential, and volume of production of fruit of this species declined. The export of sour cherries increased particularly from countries with less potential in the production of sour cherries. The development of the production and export of raspberries from countries with lower production capacity may in the future be competition for Poland on the international markets.

Sign in / Sign up

Export Citation Format

Share Document