Intellectual capital of the organization: its concept and essence

The concept of human capital was introduced by Adam Smith and John Stuart Mill, who understood the quantity and quality of a person’s ability to work under him. In the scientific revolution this concept was introduced by D. Gilbert in the late 60’s. XX century. The theory of intellectual capital was further developed on the basis of the development of the theory of human capital. The article deals with modern concepts of human capital, which became the basis for substantiating the decisive role of a person, his abilities and potential in creating the value of a concrete organization and social progress. Much attention is paid to the structure of intellectual capital, which is represented by a combination of human, organizational and consumer capital; comparison of intellectual capital with physical is given.