Intellectual Capital of Humanities and Art Sciences and the Efficiency of its Formation at Scientific Institutions

Abstract

In the present situation of the formation of intellectual capital (IC) of humanities and art sciences at scientific institutions (SIs) in Latvia, the theme of the research is highly topical. The object of the research is the formation of IC of humanities and art sciences at SIs while the subject of the research is the comparative analysis of the efficiency of the involvement of academic staff and students in the formation of IC of humanities and art sciences at SIs of Latvia. The objective of the research is to study the involvement of academic staff and students in the formation of IC of humanities and art sciences at SIs in Latvia in the period from 2013 to 2018. The followingtasks were determined to reach the objective: to study the formation of IC of humanities and art sciences at SIs; to identify the concept of the efficiency of the involvement of academic staff and students in the formation of IC of humanities and art sciences; to calculate main indicators thereof, and, to carry out the comparative analysis of indicators characterising the efficiency of the involvement of academic staff and students in the formation of IC of humanities and art sciences at SIs in Latvia. Research methods used in the paper are content analysis, economic analysis ,and economic experiment.