The influence of intellectual capital on the economic development of the agricultural sector
An article considers modern model of economic growth, theoretical foundations, nature and evolution of the concepts of "capital", "intelligence" and "intellectual capital". The basic functions of intellectual capital and its impact on state economic development, and particularly on the agricultural development, are highlighted within the framework of agricultural science. The fact of existence of various interpretations of the essence of the term ‘intellectual development’ leads to confusion of notions; hence it is necessary to establish ultimate legal definition of this term. Intellectual capital - is one of the specific types of capital that has its distinctive features and has its unique characteristics. Likewise, it is important to pay attention to the formation of intellectual capital of the domain of agricultural science and to work out methods and techniques of human intellectual development adjusted to the residents of rural areas. Tabl.: 4. Refs.: 31.