Subject. The article investigates innovation capital as a basic category of the knowledge economy, and its role in ensuring the financial stability of a commercial enterprise. Objectives. The aim is to develop a methodology for the valuation of intellectual capital, which is used to ensure the financial strength of commercial enterprises. Methods. The study employs methods of analysis and synthesis, deduction and induction, and statistical analysis. Results. We systematized modern approaches to the disclosure of the essence of intellectual capital, underpinned the classification of methods for its assessment, supplemented the content of intellectual capital by inclusion of potential capital in its composition, aimed at improving managerial decision-making in the foreseeable future. We also formulated an integrated indicator to evaluate intellectual capital based on the valuation of its components. Meanwhile, the assessment of human capital as a source of knowledge, experience and competencies is an equivalent of expanding the market segment by increasing competitiveness, and thereby generating additional income, which sets the parameters for ensuring the financial stability of a commercial enterprise. Conclusions. The developed methodology is intended to build a reliable value of intellectual capital of a commercial enterprise. It illustrates the importance of human capital in the management process and identifies its role in ensuring the financial stability.
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