id: 25196
Title: Intellectual Capital as the Basis of Convergence and Development in New Economics
Authors: Kolomiets T.
Keywords: intellectual capital, competitive advantage, convergence, innovation, economic development, intangible resources, human capital
Date of publication: 2020-06-15 08:29:16
Last changes: 2020-06-15 08:29:16
Year of publication: 2020
Summary: The purpose of this article is to determine the intellectual capital as an essential pre-requisite for sustainable competitive advantage and convergence, both at the micro and macroeconomic level. The article presents some approaches concerning the role of capital for a sustainable long-run economic development. It has been investigated the processes contribute to the manifestation of a trend of convergence (convergence) of the economies of
various countries, taking into account the preservation of their national characteristics. It has been analyzed the results from parametric estimation, threshold model estimation and semi-parametric estimation all confirm that
economic convergence is pronouncedly conditional on human capital across all measures. The results suggest that to elevate poor regions out of poverty, government policy should first focus on improving the human capital of
basic labor. Using intangible resources to create organizational value in terms of convergence presents a significant challenge that has not been studied yet.
URI: http://socrates.vsau.org/repository/getfile.php/25196.pdf
Publication type: Статті у зарубіжних наукових фахових виданнях (Copernicus та інші)
Publication: Polish Journal of Science. - 2020. - No. 28, Vol. 4. - P. 6-12.
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Published by: Адміністратор
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