Theoretical determination of green intellectual capital

The fourth industrial revolution has become one of the most significant terms in the 21st century, emphasizing all advantages and disadvantages of the so-called new modernity. The most important characteristics of this revolution are innovation, innovative technologies but also innovative solutions in contemporary business surrounding. During the last two decades, the business and global environment have progressively been transforming into knowledge-based, fast-changing, technology-intensive in which investments in human resource, information technology and research and development have become essential for the purpose of improving a company’s competitive advantage and final performance. In order to remain unique and different on the global market, companies pay more attention to intellectual capital such as skills of employees, know-how, software, patents, brands, databases, customer databases etc. Effective and efficient management of these intellectual resources lead to the production of new values and benefits. Green intellectual capital has become of the significant importance in the contemporary business practice. In line with global trends and Sustainable Development Goals of the United Nations, environmental skills and knowledge within the organizations has also been in the center of the academic research and analysis. In this article, the authors will try to determine main theoretical elements of the concept of green human resource management and also green intellectual capital as well as main managerial implications of these concepts in contemporary organizational practice.