<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Both the financial crisis of the first decade of the 21st century, as well as the deterioration of trade relations between the European Union and the Russian Federation were events that significantly affected the functioning of the largest listed companies on the food market: on the one hand, aggravating the conditions of economic functioning, on the other hand creating a stimulus to seek new innovative solutions to help companies survive on the market. The aim of the work was to present the impact of crises on the intellectual capital of WIG-Food index companies, which is an indirect measure of innovation. The MV/BV and q-Tobin index were used for the study, as well as selected quantitative methods: multiple regression, Ward’s method and seasonal additive decomposition. The results of the work indicate that the companies are divided into two groups, within which similar trends in shaping intellectual capital are observed. In addition, one of the groups clearly noticed the impact of the financial crisis and the introduction of an embargo on the shaping of intellectual capital.</p></abstract>

Both the financial crisis of the first decade of the 21st century, as well as the deterioration of trade relations between the European Union and the Russian Federation were events that significantly affected the functioning of the largest listed companies on the food market: on the one hand, aggravating the conditions of economic functioning, on the other hand creating a stimulus to seek new innovative solutions to help companies survive on the market. The aim of the work was to present the impact of crises on the intellectual capital of WIG-Food index companies, which is an indirect measure of innovation. The MV/BV and q-Tobin index were used for the study, as well as selected quantitative methods: multiple regression, Ward’s method and seasonal additive decomposition. The results of the work indicate that the companies are divided into two groups, within which similar trends in shaping intellectual capital are observed. In addition, one of the groups clearly noticed the impact of the financial crisis and the introduction of an embargo on the shaping of intellectual capital.

The Impact of Crises on the Intellectual Capital of Companies in the Food Sector

Department of Organization Development, Student Institute of Economic Analysis

Financial Internet Quarterly

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

{"article-title":"The Impact of Crises on the Intellectual Capital of Companies in the Food Sector"}

Both the financial crisis of the first decade of the 21st century, as well as the deterioration of trade relations between the European Union and the Russian...

The Impact of Crises on the Intellectual Capital of Companies in the Food Sector

Published Online: Oct 04, 2019

Page range: 1 - 9

Received: Jun 03, 2019

Accepted: Aug 30, 2019

DOI: https://doi.org/10.2478/fiqf-2019-0015

Keywords
intellectual capital, agriculture, crisis, embargo, food industry

© 2019 Jakub Garncarz et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

The Impact of Crises on the Intellectual Capital of Companies in the Food Sector

Published Online: Oct 04, 2019

Page range: 1 - 9

Received: Jun 03, 2019

Accepted: Aug 30, 2019

DOI: https://doi.org/10.2478/fiqf-2019-0015

Keywordsintellectual capital, agriculture, crisis, embargo, food industry

© 2019 Jakub Garncarz et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
intellectual capital, agriculture, crisis, embargo, food industry