76 research outputs found

    Network human capital formation in the conditions of digital transformation of economy

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    The article reveals the pattern of network human capital formation. Network human capital has been proved to be closely connected and conditioned by digital transformation. On this basis, the relationship between network human capital formation and digital human capital has been substantiated. The purpose of the article is to consider a number of basic theoretical, methodological, and empirical foundations in the field of analysis of network human capital formation. Based on the analysis of a number of key studies in the area, it has been concluded that in the modern network economy, network human capital is determined by one of the most important strategic assets of organizations. It has been proposed to use the methodology of the Network Readiness Index to quantify network human capital. The theoretical and practical value of the proposed approach lies in the application of a methodology that gives priority to the human factor of network readiness and reflects the impact of individuals’ choices regarding technologies and management methods on innovative networks creation in the process of innovative technologies development and implementation. The emerging concept of network human capital is aimed at overcoming the digital inequality and using the Internet to implement positive social changes. This concept considers digital education in the context of the formation of an active socio-political position of human influence on society development

    Comprehensive management of innovative development based on an integrated model of intellectual capital

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    The article puts forward a position according to which the achievement of effective innovation management is ensured by the balanced development of human, social, reputational and digital capital, leading to the formation of innovative capital. The relevance of the study is due to the global challenge of our time, which consists in the fact that an effective strategy for managing innovation and developing innovative capital is the basis for the formation of competitive advantages of national economies and firms. The aim of the research is to develop an integrated model of intellectual capital, which forms an up-to-date idea of its structure and clarifies the relationship between its components. The developed integrated model of intellectual capital substantiates the need to implement the integrated management of social, reputational, digital and innovative capital for the purpose of innovative development in modern conditions. The article reveals the mutual influence of human, social, reputational and innovative capital, as well as the formation of network human capital on this basis. As the main methodological principles and methods for studying innovative capital and other types of intangible capital as endogenous factors in managing innovative development, it is proposed to use the concepts of intellectual, social and reputational capital, the concepts of digital transformation and the principles of creating a creative environment. The integration of the methods of scientific knowledge used in these theories makes it possible to develop the concept of innovative capital. The subject of the study is the organizational and economic relations that arise in the process of interaction of social, reputational and digital human capital as components of network human capital, leading to the development of innovative capital. The novelty of the research lies in the developed model of connections between intellectual, human, social, reputational, digital capital and innovation capital. The authors substantiate the position according to which the traditional structure of intellectual capital hides the direct impact of human capital on other components of intellectual capital. As a basic element of intellectual capital, human capital not only plays an important role in the development and creation of new ideas and knowledge; it also promotes the development of social capital and the exchange of knowledge and ideas. The main conclusions of the work include: organizations with more developed human capital, participating in social networks and led by innovative leaders, adapt faster to the challenges of the innovative environment; invest in the formation of new skills and competencies of employees, which generates opportunities for the creation and implementation of large-scale innovations, the accelerated promotion of which is facilitated by the use of new network and digital technologies for the innovative development of the economy. The developed integrated model of intellectual capital is aimed at forming an actual representation of its structure and clarifies the relationship between its components. The results obtained are of great importance for practical management in the context of managing the innovative development of an organization

    Ensuring the effectiveness of the privatization of state-owned companies in the conditions of instability of the financial markets (under the example of OJSC oil company 'rosneft')

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    The current state of the world and Russian economy makes it necessary to search for the additional sources of funding by the Government of the Russian Federation in terms of undervaluation of the Russian companies. The privatization strategy is aimed at regulation of the state budget deficit by attracting the maximum possible amount of cash flows at the present stage of development of the Russian economy. However, due to the volatility of financial and commodity markets, and imposed sanctions against the Russian companies, it raises the problem of an adequate assessment of the privatized assets. A potential stabilization of markets and the prospects of lifting of restrictions actualize the temporal aspects of privatization. The paper includes the assessment of the value of cash flows generated by the company and the shareholders' equity. A comparison of the cash flows of the company, attributable to the shareholders' equity, and its capitalization has allowed identifying the undervaluation or overvaluation of the companies. Cost evaluation of the OJSC "Oil Company "Rosneft" shows its undervaluation. This company is overburdened with debts, which indicates the inefficiency of its privatization in the current conditions. The undervaluation of the company by the investors is supported by a comparative analysis of the values of its financial multiples and financial multiples of foreign oil and gas companies. In the long term perspective the value of the company's cost of capital may be reduced, and the values of cash flows may be increased. This will lead to an increase in the value of the company's assets

    Analysis of consumer behavior impact on human capital development through the example of the Altai Republic

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    The article examines the influence of the individual demand system on the creation, storage and usage of human capital. Personal motivation is expanding due to the development of needs, while the investments in the consumer sphere of human leads to the development of skills. Dialectical interaction of these skills leads to the increase of the role of human capital in modern economy. We explored the processes of the consumer behavior of individuals on the example of the economy of the Altai Republic. © IDOSI Publications, 2013
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