Knowledge – the intellectual capital – enterprise activity: interrelation and interconditionaly

Abstract

A necessary condition for achieving a balance in the state’s domestic market and a sufficient condition for the growth of its economy is the knowledge potential of entrepreneurs. The success of business depends on the quality of the intellectual capital of the entrepreneur and employees. Under present conditions the best return of using the full intellectual capital can be achieved in a virtual market place. The state's investment in strengthening the market infrastructure is now becoming crucial to the functioning and development of the virtual market.