Methodological support for intellectual capital strategic management of the research organization Cover Image

Methodological support for intellectual capital strategic management of the research organization
Methodological support for intellectual capital strategic management of the research organization

Author(s): Tatyana Bilorus, Iryna Kornilova, Lesya Olikh, Svitlana Firsova
Subject(s): Business Economy / Management
Published by: ТОВ “Консалтингово-видавнича компанія “Ділові перспективи”
Keywords: strategic management; intellectual capital; research organization; multi-criteria analysis; SAW; ТOPSIS; COPRAS;

Summary/Abstract: Making intellectual capital the strategic resource of an innovation-oriented organi¬zation under post-industrial economy formation requires improving the decision-making quality while choosing its development strategies. To a large extent, the ef¬fectiveness of strategic intellectual capital management depends on its methodological principles development, which determines the relevance of the subject chosen. The purpose of the article is to form a methodical tool for substantiating the strategies of intellectual capital development in a research organization based on multi-criteria analysis. As a methodological platform, the following methods for conducting research were chosen: an aggregated structural approach, in particular, the method of audit-evalu¬ation by Brooking, to evaluate intellectual capital; SWOT analysis – to determine the strategic position of the company regarding its intellectual capital. To confirm the ex¬pert opinions consistency within the empirical studies framework, the concordance coefficient, estimated on the Pearson criterion, was calculated. The key to research is the multi-criteria analysis (SAW, TOPSIS, COPRAS) methods for evaluating, rank¬ing and selecting strategic alternatives for the intellectual capital development of the research company. Thus, the article takes a new view of using the scenario approach to the formation of an intellectual capital strategy. The strategy development stages are outlined, and the pe¬culiarities of their methodological support are determined. In particular, the necessity to include into the test program for intellectual capital the estimation of its manage¬ment efficiency is proved. The authors present an example of adapting SAW, TOPSIS, COPRAS methods for the evaluation and ranking of strategic alternatives to human, structural and market capital development. Consequently, the results allowed to mathematically formalize the rating task and to form the optimal strategies portfolio of human, structural, market capital of organiza¬tion, as well as to combine factors of the internal and external environment. Thus, the suggested methodological approach can be used by the heads of research organizations to develop and substantiate strategic management decisions to optimize their intellec¬tual capital development.

  • Issue Year: 16/2018
  • Issue No: 1
  • Page Range: 292-308
  • Page Count: 17
  • Language: English