Published in «Creative Economy»4 / 2019
DOI: 10.18334/ce.13.4.40510

Role of intellectual capital in forming innovation potential of Russian organization

Sayapina Karina Vladimirovna, The Financial University under the Government of the Russian Federation, Russia

Ustinova Olga Evgenevna, The Financial University under the Government of the Russian Federation, Russia

Роль интеллектуального капитала в формировании инновационного потенциала российской организации - View in Russian

 Download PDF | Downoads: 38

Ability of organization to realize innovation activity can be called its potential to generate results in innovation sphere (that is innovation potential). Innovation potential depends on organisation resources and competencies, because it is these factors which define opportunities to elaborate innovation ideas among personnel. Innovation potential is mainly formed by level of intellectual capital development in frames of economic system. Correlation-regression analysis of defined parameters demonstrates sufficiently high interaction between human capital development index and innovation activity of entities, which proves their influence. In context of role of public authority organizations it was found, that level of common effectiveness of interaction between enterprises and public organizations is insufficiently high.

Level of innovation system development becomes one of fundamental factors for national entities competitiveness. It demands closer research of intellectual capital meaning and role in context of innovation development, and potential of economic systems. The research is aimed at elaborating mechanism to estimate human capital development index influence on organizational innovation activity. Methodological base of the research consists of Economics and Mathematics models to analyze economic interaction, concepts of Russian and foreign specialists in sphere of intellectual capital and innovation development. In frames of estimation techniques statistical, mathematical and comparative analysis methods are used. In conclusion formed estimation systems of human capital index influence and entities innovation activity, based on integral parameters estimation methodology, are supposed.


human capital, innovation development of organization, innovation potential, intellectual capital

JEL-Classification: M15, O31, O32, O34

Sayapina K.V., Ustinova O.E. (2019). Role of intellectual capital in forming innovation potential of Russian organization [Rol intellektualnogo kapitala v formirovanii innovatsionnogo potentsiala rossiyskoy organizatsii]. Creative Economy, 13(4). (in Russian). – doi: 10.18334/ce.13.4.40510.

References (transliterated):
Barney J.B. (1986). Strategic Factors Markets: Expectations, Luck and Business Strategy Management Science. (32). 1231-1241.
Bekker G. (2003). Chelovecheskoe povedenie: ekonomicheskiy podkhod [Human behavior: economic approach] M.: GU VShE. (in Russian).
Bruking E. (2001). Intellektualnyy kapital: klyuch k uspekhu v novom tysyacheletii [Intellectual capital: key to success in the new Millennium] SPb.: Piter. (in Russian).
Edvinsson L., Meloun M. (1999). Intellektualnyy kapital. Opredelenie istinnoy stoimosti kompanii. Novaya industrialnaya volna na Zapade [Intellectual capital. Determining the true value of the company. The new industrial wave in the West] M.: Academia. (in Russian).
Florida R. (2007). Kreativnyy klass: lyudi, kotorye menyayut buduschee [Creative class: people who change the future] M.: Klassika–XXI. (in Russian).
Freeman C. (1982). The Economics of Industrial Innovation London: Frances Pinter.
Freeman C. (1987). Technology Policy and Economic Performance London: Frances Pinter.
Green Paper on InnovationEuropean Commission. Retrieved March 07, 2019, from
Lundvall B. (1992). National Systems of Innovation: Towards a Theory of Innovation and Interactive Learning London: Frances Pinter.
Marston M., Neely A.D. (2010). Beyond Words: Testing Alignment of Inter–Organizational Performance Measures Measuring Business Excellence. (14(1)). 19-27.
Neely A.D. (2009). Exploring the Financial Consequences of the Servitization of Manufacturing Operations Management Research. (2(1)). 103-118.
Nelson R. (1993). National Innovation Systems: A Comparative Study Oxford: Oxford University Press.
Sooke P., Morgan K. (1994). The Regional Innovation System in Baden–Wurttemberg International Journal of Technology Management. (9(3/4)). 394-429.
Stewart T. (1997). Intellectual Capital. The New Wealth of Organizations New York: Currency Doubleday.
Teece D.J., Pisano G. (1994). The Dynamic Capabilities of Firms: An Introduction Industrial and Corporate Change. (3(3)). 537-556.
Wolfe R.A. (1994). Organisational Innovation: Review, Critique and Suggested Research Directions Journal of Management Studies. (31(3)). 405-431.
Schetnaya palata Rossiyskoy Federatsii. Retrieved March 05, 2019, from–of–the–federal–budget/3451
Federalnaya sluzhba gosudarstvennoy statistiki Rossiyskoy Federatsii. (in Russian). Retrieved March 05, 2019, from