Intellectual Capital as an economic category became firmly established in the economic terminology. Phenomenon of splitting the Intellectual Capital category into a number of components is noted. Interest of specialists is observed in further development of the production functions theory as one of the methods in simulating economic and production processes. It is postulated that the reason for decreasing accuracy in economic forecasting through the production functions apparatus is the regional economic systems asymmetry. An approach is presented as innovational to transformation of the canonical production functions of the linear-homogeneous and Cobb-Douglas type into a family of fundamentally new production functions, i.e. production functions of intellectual capital and of its components. In this regard, validity of the obtained production functions seems to be problematic. The authors proposed a number of financial and non-financial proxy indicators for the intellectual capital components production functions. The authors found an approach to the optimal weight coefficients of proxy indicators realized using the systems of linear algebraic equations. Innovational approaches are presented to creating, in fact, models of the intellectual capital components, including innovation, information and communication models on the platform of canonical production functions. Validity of the intellectual capital obtained component models is confirmed by statistical tests using the Fisher criterion. The resulting modified production functions could be used to predict the intellectual capital component behavior in the short and in the medium term. The proposed by authors number of the intellectual capital proxy indicators makes it possible to create a system of financial and non-financial characteristics, evaluate the value of information, communication and innovation capital as a complex.


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    Title :

    Production functions based models of intellectual capital components in the rocket and space high-tech innovational enterprise



    Conference:

    XLV ACADEMIC SPACE CONFERENCE, DEDICATED TO THE MEMORY OF ACADEMICIAN S.P. KOROLEV AND OTHER OUTSTANDING NATIONAL SCIENTISTS — PIONEERS OF SPACE EXPLORATION ; 2021 ; Moscow, Russia


    Published in:

    Publication date :

    2023-07-20


    Size :

    9 pages





    Type of media :

    Conference paper


    Type of material :

    Electronic Resource


    Language :

    English



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