A simulation model for assessing the impact of intangible resources on labor productivity

Ismagilova Larisa Alekseevna, Arylbaeva Elvira Damirovna

The expediency of using simulation models for solving the task of quantitative evaluation of intangible resources influence on the results of enterprise activity is substantiated. The possibilities and advantages of simulation modeling for solving this type of problems are revealed; the algorithm of model building is presented. Using econometric equations, a simulation model of assessing the impact of intangible resources (IMR) on the economic results of the business was developed. Factors reflecting human, organizational and information capitals were used as exogenous variables. The results of model approbation were analyzed, recommendations on the choice of managerial impacts contributing to the growth of labor productivity (LP) were formed.

Keywords:simulation model, labor productivity, intangible resources, production functions, economic performance of business