The Impact of Intellectual Capital on Organizational Performance

In the modern world intellectual capital brings the competitive advantage and success to the companies. In fact, intellectual capital is the focus of many researchers. The research paper is based on the studying of intellectual capital influence on organizational performance. The goal of the research is to define what indicators of intellectual capital influence the organizational performance among Russian companies and what is the extent of this influence. The analysis of the research is conducted on the basis of 70 Russian companies from 5 industries: oil and gas, telecommunication, transport and logistics, information technologies and retail. Multiple regression models and Pearson correlation were constructed with several dependent and independent variables. Five hypotheses containing three main components of intellectual capital are confirmed. The findings will be useful for managers to evaluate intellectual capital in the company. Keywords: intellectual capital, human capital, relational capital, structural capital, organiяational performance, Tobin’s Q Ratio, components of intellectual capital.