Development of Intellectual Capital in the Russian Economy to Ensure the Economic Security of a Corporation Under Competition

Pavel Pavlovich Vetrenko, Vitaly Anatolievich Mordovets and Elena Vasilievna Yaluner

European Research Studies Journal, 2017, vol. XX, issue 4A, 604-618

Abstract: The processes of forming a new paradigm of the enterprise intensify within the innovative economy, based on the development of the intellectual capital doctrine, where intellect, knowledge and information play the key role, and this trend increasingly defines the level of the enterprise capitalization. At the same time, the current economic conditions have determined the emergence of many unpredictable dangers and threats to the existence and economic activities of enterprises. Issues of economic security become urgent at the present stage of the economic science development. The article reveals specific signs of the concept of the corporation’s "intellectual capital" and considers approaches to understanding the corporation’s economic security. The author understands the strategy of managing the corporation’s intellectual capital in the policy of ensuring its economic security as an organized set of systematic focused measures taken by corporate management (or authorized persons) to prevent and neutralize the influence of external and internal factors that form threats to the intellectual capital of the corporation, which requires to develop a system of indicators for assessing the level of protecting the intellectual capital for diagnosing the state of managing the protection of the corporations’ intellectual capital.

Keywords: intellectual capital; economic security; strategy of managing the intellectual capital; protection of intellectual capital. JEL Classification: O10; O16. (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (3)

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