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Economic Analysis: Theory and Practice
 

A role of investments in the development of intellectual capital

Vol. 15, Iss. 6, JUNE 2016

PDF  Article PDF Version

Received: 1 February 2016

Received in revised form: 4 March 2016

Accepted: 22 March 2016

Available online: 28 June 2016

Subject Heading: ANALYSIS OF INTELLECTUAL CAPITAL

JEL Classification: J29, M12

Pages: 135-145

Ustinova L.N. Kazan State University of Architecture and Engineering, Kazan, Republic of Tatarstan, Russian Federation
buro.ustinova@mail.ru

Ustinov A.E. Kazan (Volga) Federal University, Kazan, Republic of Tatarstan, Russian Federation
phdustinov@mail.ru

Virtsev M.Yu. Kazan State University of Architecture and Engineering, Kazan, Republic of Tatarstan, Russian Federation
Virtsev1979@mail.ru

Subject Nowadays, identification of intellectual assets, their evaluation, analysis, and determination of the best investments for further capitalization and development are increasingly important. The article addresses theoretical, methodological and applied issues of assessing the intellectual capital of economic systems.
Objectives The purpose of the study is to investigate the essence of the concept of intellectual capital, review trends in investments in the intellectual component of business, and reveal their specifics.
Methods In the study, we applied a systems approach, method of analysis, and data evaluation technique.
Results Based on the findings, the paper provides the specifics of investing into intellectual capital.
Conclusions and Relevance We offer recommendations on investment into intellectual capital, which may be applied by enterprises of any scale of output operating in any industry.

Keywords: intellectual capital, investment, development

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