Knowledge as a main strategic resource of a company

Authors

  • Олена Анатоліївна Шевчук National Technical University of Ukraine "Kyiv Polytechnic Institute", 37 Prospect Peremogy, Kiev, 03056, Ukraine

DOI:

https://doi.org/10.15587/2312-8372.2013.11419

Keywords:

company, brain capital, human capital, knowledge, information and communication technologies, high-tech industries, elite

Abstract

For a deep comprehension of principles of development of a modern company, the article suggests to consider knowledge as a key strategic resource, providing competitive advantages.

It was emphasized that the dominant feature of the modern economy is a monopoly of knowledge.

It was noted that recent decades are characterized by wide spreading of information and communication technologies, which contribute to the rate of production and dissemination of knowledge.

It was noted that the increase in company profits largely depends on the modernization, technical and technological re-equipment, and the introduction of effective innovations.

It was stressed that the exchange value of economic benefits depends on the content of knowledge, information and intelligence. As a result, we have offered the version of the well-known formula for transformation of the advanced value into the capital.

Author Biography

Олена Анатоліївна Шевчук, National Technical University of Ukraine "Kyiv Polytechnic Institute", 37 Prospect Peremogy, Kiev, 03056

PhD, Associate Professor

Department of Theoretical and Applied Economics

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Published

2013-03-29

How to Cite

Шевчук, О. А. (2013). Knowledge as a main strategic resource of a company. Technology Audit and Production Reserves, 2(2(10), 46–49. https://doi.org/10.15587/2312-8372.2013.11419