International Journal of Organizational Leadership

The notion of “human capital asset” implies an approach to a human who realizes all his creative potential in various fields of activity. Human capital asset plays a critical role in reduction of transaction expenses as well as transformation expenses. In the first case, institutional and social capital and in the second case, the labor, intellectual, and institutional capitals of personality are involved. Objective process of establishment and development of post-industrial economic relations predetermines increase of role and significance of intellectual capital of an individual under relative decrease of labor capital impact on activity. In its turn, this will result in increase of impact of institutional and social capitals aimed at minimization of transaction expenses of production of competitive goods, works, and services. In the current study, the matters of economic development of regions using the cluster approach based on intellectual capital growth are highlighted; petrochemical cluster of one of the Russian Federation regions – Republic of Tatarstan – is provided for illustrative purposes.  Nowadays, key attention is paid to economic development of regions; special emphasis is laid on innovative development of regions based on intellectual capital’s growth to receive additional competitive advantages in the age of globalization of world economic relations.

This study was an attempt to investigate the effect of intellectual capital on organizational commitment of the staff of the Ministry of Economic Affairs and Finance of Kermanshah province, Iran. The statistical population of the Ministry of Economic Affairs and Finance of Kermanshah was 140 people. Using Morgan Table, a sample of 103 personnel was randomly selected from the population. For gathering data, two researcher-made questionnaires of intellectual capital and organizational commitment were used. The validity of the questionnaires was proved by the favorable opinion of the advisor of the research, and the reliability of the questionnaires was tested using Cronbach’s alpha (α). The estimated values of alpha for the questionnaires of intellectual capital and organizational commitment were 0.969 and 0.935, respectively which clearly demonstrated the reliability of the questionnaires. Also the data were analyzed using statistical software of SPSS 15.0 and LISREL. The results of the study demonstrated that there was a significant and positive relationship between intellectual capital and its components (i.e., human capital, structural capital, and customer capital) and organizational commitment.