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The main purpose of the study is to investigate the development of the intellectual capital of an enterprise as a competitive advantage of industrial management. Taking into consideration theoretical studies and overviews of the experience of Russian firms today, it can be stated that Russian businesses are primarily based on the current conditions for the survival of companies, rather than on generating potential business opportunities, which does not lead to the creation of intangible assets and the formation of intellectual capital. At the same time, the majority of managers share the opinion of scientists that the formation and creation of the intellectual capital of an organization is a key factor in ensuring the company’s strategic success. A business that pays more attention to the growth of intellectual resources and production of intangible assets has greater competitive advantages. Based on the findings of different empirical studies, it can be argued that the organization’s management perceives intellectual capital as a component that ensures success, competitive advantage, and, ultimately, the company’s economic development.

Development of the intellectual capital of an enterprise as a competitive advantage in production management