INTELLECTUAL CAPITAL OF PETROLEUM COMPANIES – A GUARANTEE OF COMPETITIVE ADVANTAGE IN GLOBAL MARKETS
It has been noted that intellectual capital, skills and competence of managers are key elements of any successful business and have a direct impact on its performance indicators and marketability. It has been shown that the modernization of the domestic petroleum industry and development of in-house innovative ideas and technologies on the basis of major fuel and energy companies are directly associated with the growing role and importance of their intellectual capital and the goal of efficient corporate management of intellectual capital resources. The structure of intellectual capital and stages of its transformation in the process of creating a company’s value have been discussed in detail.