Evolution of Intellectual Capital with Digitization

The relevance of the present study is based on processes of digitization and resulting transformation of both economy and modern society producing new understanding of and approaches to organization of production, human involvement in production processes and procedures, changed expectations of employers in terms of digital literacy required of employees.
The purpose of the work is to assess the impact of digital and information and communication technologies on the components of intellectual capital.
The objectives of the study are to assess changes in structural and human capital, organize the company's external interaction, and determine the role of innovation as an element of intellectual capital.
Methodology. The study used an analysis of data published by analytical agencies and government agencies related to the components of intellectual capital.
The resuits of the study is the notion of evolution which has become characteristic of all aspects of intellectual capital as a result of large-scale digitization of both economy and human society: the main sources of intellectual capital in today’s economy are intellectual and digital properties of human resources (level of education, qualifications, digital literacy and acquisition of advanced information and communication technologies). The study also suggests regarding innovation capital as an outcome of interaction between company’s structural (informational, primarily) and human capitals.
Conclusion. The main conclusion drawn in the study is that both external and internal communication of business entity in modern economic environment is deemed impossible without advanced technologies – this condition induces changes in both structure, nature and organization of communication, and produces such new phenomena as ‘digital identity’ and ‘digital environment’.

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