INTELLECTUAL CAPITAL AS MANAGEMENT SOURCE

The aim of this paper is to point out the importance of knowledge management and its relationship to intellectual capital. In the majority of cases the effort for adequate intellectual capital administration is linked with the knowledge management. Nowadays the term of the knowledge management is accepted generally this term is based on the knowledge linked possibly with the structural capital constituent which may be assessed by the dissemination rate of the knowledge necessary for provision of quality of the critical processes in the internal corporate environment. The intellectual capital represents the potential prospective effect taking shape in connection with the knowledge management. The companies should create a high-quality base as support for the intellectual capital and the knowledge management not only from the human aspect, but also from the technological, strategic and procedural points of view