Economic growth of the country and national intellectual capital (evidence from the post-socialist countries of the central and eastern Europe)
| Autor: | Natalia Nebaba, Bozena Kuchmacz, Yevgen Kuzkin, Tetiana Cherkashyna |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2019 |
| Předmět: |
Information Systems and Management
Index (economics) Sociology and Political Science Public Administration capital correlation and regression models country Strategy and Management Post socialist 0211 other engineering and technologies linear production functions 02 engineering and technology lcsh:Business 0502 economics and business 050207 economics Business and International Management Publication business.industry 05 social sciences 021107 urban & regional planning General Business Management and Accounting innovation levers Intellectual capital Economy Business lcsh:HF5001-6182 Law |
| Zdroj: | Problems and Perspectives in Management, Vol 17, Iss 1, Pp 348-359 (2019) |
| ISSN: | 1810-5467 1727-7051 |
| Popis: | The purpose of the article is to study the innovation levers of developing the intellectual background for economic growth in two groups of post-socialist Central and Eastern European countries (middle-income and lower-middle-income countries). To achieve that, the quantitative effect of the national intellectual capital components (human capital, market capital, structural capital and capital of renewal and development) on the dynamics of the countries’ economic growth was determined.For both groups, multiple regressions have been constructed that reflect the quantitative relationship between the economic growth rates (in the regressions – the indicator of real gross domestic product per capita) and the components of national intellectual capital in 2010–2018. It has been established that the key innovative indicator of the economic growth of middle-income countries is the national capital of renewal and development, which in general corresponds to the pan-European model of innovation and investment development. Education is the main factor that provides the basis for the economic growth of lower-middle-income countries. Recommendations on improvement of national innovation policy are offered. |
| Databáze: | OpenAIRE |
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