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Intellectual Capital and Issues of Its Application in Bulgaria

Author

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  • Nikolay Dimitrov
  • Nikolay Igov

Abstract

There are different definitions of "intellectual capital" in the literature and the concept is still obscure. Its clarification is of theoretical and practical importance, which will contribute to the development of the economic science and will promote intellectuality and competitiveness of production. The crucial role of knowledge and skills for sustainable development under the conditions of "the new economics" is pointed out. Main terms, relevant to the intellectual capital, are analysed, and a new definition is formulated. Issues about the establishment of this capital are raised and areas for its better using in Bulgaria are proposed.

Suggested Citation

  • Nikolay Dimitrov & Nikolay Igov, 2006. "Intellectual Capital and Issues of Its Application in Bulgaria," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 81-97.
  • Handle: RePEc:bas:econth:y:2006:i:1:p:81-97
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    References listed on IDEAS

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    1. Irena Zareva, 2004. "Human Capital as a Main Element of intangible Assets," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 118-136.
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      More about this item

      JEL classification:

      • A10 - General Economics and Teaching - - General Economics - - - General
      • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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