Formation of labor intellectual capital in enterprises: conceptual aspects

Abstract

The strategy of socio-economic development should be aimed at ensuring a sustainable increase in the standard of living of the population and high rates of economic growth, reduction of social inequality, as well as further formation of economic and political stability in conditions of uncertainty. Achieving these goals is possible with a significant increase in the level of competitiveness of domestic enterprises, the development of business and entrepreneurship, and the development of labor intellectual capital. Therefore, one of the main priorities of the socio-economic development of domestic enterprises in the near future is the improvement of the labor intellectual capital management system. The article defines that the main goal is to fully provide all branches of the national economy with highly qualified personnel in accordance with the needs of the labor market. According to preliminary forecasts, in the strategic perspective, the population will decrease significantly, labor intellectual capital will become a scarce resource. Today’s tasks are the rational use and motivation of the labor intellectual capital of each employee in order to increase the level of competitiveness of domestic enterprises in conditions of uncertainty. Improvement of the labor intellectual capital management system involves the constant development of human resources, full and effective use of labor at all levels of activity of domestic enterprises. In modern market conditions, human resources and labor intellectual capital are of key importance for the development of not only domestic enterprises, but also the development of the economy of regions and the country for entering the world economy. The life cycle of labor intellectual capital, which consists of four main stages of product movement: development, growth, maturity and decline, is considered in detail.