Management and Business
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← Vol. 1, No. 2, 2023

Development of an integrated model of intellectual capital based on various approaches to "human capital"

Vilayat Ismayilov ORCID
Azerbaijan Academy of Labour and Social Relations
Vusala Karimova
Azerbaijan Academy of Labour and Social Relations

Abstract

The article notes the formation and development of the category "human capital", its role in ensuring economic development, the importance of using human potential, the importance of the unity of its internal and external aspects. It also reflects the awareness of the importance of using human potential in economic development, turning it into an object of research, the emergence of the need to expand the scope of research in this direction. The contribution of representatives of the main scientific directions to the development of the category “human capital”, individual components of intellectual capital, methods of their measurement and ways of creating effective management systems are described in detail, the views of various researchers in this field are systematized. Also, in the study of the category "human potential", a comparative analysis of political-economic, technocratic, anthropocentric approaches was carried out. The article presents an integration model of intellectual capital development based on various approaches to "human capital", its components are defined

Keywords:
human capital; human potential; intellectual capacity; social capital; intellectual capital advantage

References

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Suggested citation

Ismayilov, V., & Karimova, V. (2023). Development of an integrated model of intellectual capital based on various approaches to "human capital". Management and Business, 1(2), 12-24.