Change of national intellectual capital in EU countries

Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Straipsnis / Article
Language:
Anglų kalba / English
Title:
Change of national intellectual capital in EU countries
In the Journal:
Montenegrin journal of economics [MNJE]. 2016, 12, 4, p. 65-75
Keywords:
LT
Suomija (Finland); Lietuva (Lithuania).
Summary / Abstract:

LTReikšminiai žodžiai: Nacionalinis intelektinis kapitalas; Žmogiškasis kapitalas; Socialinis kapitalas; Struktūrinis kapitalas; Santykinis kapitalas; National intellectual capital; Human capital; Social capital; Structural capital; Relational capital.

ENThe importance of national intellectual capital is widely recognized, however it is difficult to define the value of these resources. In this paper the value of national intellectual capital in EU countries and its change is analysed. The aim of the analysis is to show how the level of national intellectual capital changes in EU countries and what the main sources of this change are. Firstly, the concept of national intellectual capital is described. Secondly, national intellectual capital measurement capabilities are analysed, and a model for measuring national intellectual capital is proposed. The proposed measurement model combines two indicators values aggregation functions: refined methods of factor scores and a non-refined method (SAW). This model is applied to evaluate the level of national intellectual capital in EU countries during the period of 2002-2012. The findings have shown that the level of national intellectual capital increased in all analysed EU countries except Finland. The growth was mainly influenced by the growth of human capital and structural capital, though the level of social capital has decreased in many countries during this period. The growth of national intellectual capital was lower in countries, which initially had higher levels of intellectual capital; and this finding shows that national intellectual capital converges between EU countries. [From the publication]

DOI:
10.14254/1800-5845/2016.12-4.6
ISSN:
1800-6698; 1800-5845
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https://www.lituanistika.lt/content/80327
Updated:
2022-01-21 13:22:40
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