KNOWLEDGE MANAGEMENT AND THE CREATION OF MODERN ENTERPRISES INTELLECTUAL CAPITAL (Zarzadzanie wiedza i kreowanie kapitalu intelektualnego wspólczesnego przedsiebiorstwa)

In the article the author describes the literature study conducted in order to understand the concept of knowledge management and the structure of intellectual capital, which would allow to build a bridge between academic field of theory and practical application. The particular attention was paid to complex approach to the construction of intellectual capital, identifying its individual components and explaining rates and interactions among them. This paper broadens the understanding of the key role of intellectual capital as an important factor allowing for achieving competitive advantage and value creation.