Contribution to information on the management of intellectual capital in steel and mechanical companies in the Cuban environment

Abstract

Objective: One of the priorities of the Cuban business system is the management of intellectual capital as a tool to contribute to the exploitation of opportunities and the efficient generation of goods and services. This requires the diagnosis, implementation, evaluation, and improvement of this capital, through the knowledge of the personnel that the company can internalize and the knowledge of how to relate it to the organizational environment. The general objective of this research is to analyze the main factors that contribute to the management of intellectual capital in Cuban steel and mechanical companies. Methodology: In this exploratory and explanatory research, modeling was applied to the design of a theoretical model for the management of intellectual capital in Cuban steel and mechanical companies. Furthermore, the database of master's and doctoral theses in the area of organizational management in Cuba was reviewed as a source of knowledge management. Results and discussion: Cuban company executives recognize the importance of intangible assets in the success of their organizations, but most Cuban entities still lack the attention of these assets. Staff motivation and creativity, as well as the development of business innovation, have not reached satisfactory management levels. The iron and steel sector stands out in this regard, highlighting the need for such management. Conclusion: The proposed conceptual model is based on the elements that define intellectual capital management, which enables the development of dynamic capabilities. Its characteristics include a strategic, systemic, and process-based approach. Output variables are defined as improving the effectiveness of dynamic capabilities to leverage opportunities based on threats. Contributions: These are fundamentally based on the conception of a conceptual model that enables intellectual capital management. The elements that facilitate this management under Cuban law are identified, and the intellectual capital variables that lead to development and contribute to the necessary change are evaluated.