the enerprise knowledge management. part 2: the resource model of intellectual capital

In the second part of the article we propose a model of intellectual capital, which is regarded as a "storage" of accumulated enterprise's knowledge, which is updated and used by means of "flows" - the processes of knowledge management. Creating value through intellectual capital is due to increase the efficiency of the organization, improve its dynamic capabilities, and generate different types of innovations, so the ability to manage changes plays significant role in organization.