IDEAS home Printed from https://ideas.repec.org/a/nwe/eajour/y2019i3p370-384.html
   My bibliography  Save this article

Manifestation of Intellectual Capital in Trade During Period 2008 – 2018

Author

Listed:
  • Ivanka Nikolova

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

Depending on the stage in the economic development the individual factors of production exert various impact on the efficiency of the company performance. The resources which provide competitive advantages for the company in a complex and dynamic business environment are of key importance. The article aims to outline the historical foundations of intellectual capital and focus on some contemporary aspects of its manifestation in the field of domestic trade in Bulgaria during the period 2008- 2018. The conviction that at this stage the most significant resource which contributes to the formation of the mechanism of sustainable development of the company is the intellectual capital is confirmed. The manifestation of intellectual capital in the field of domestic trade is illustrated by using an annual innovation index and conducting an analysis of the structure and dynamics of the intangible assets in “Wholesale trade” and “Retail trade” economic activities. The innovation index in the economic sector “Trade; automobile and motorcycle repair” is lower than the average for the country. The share of intangible assets in non-financial enterprises in the country in both economic activities “Retail trade” and “Wholesale trade” is extremely low. The structure of intangible assets in the trade sector is characterized with inconsistent changes that occur within relatively narrow boundaries.

Suggested Citation

  • Ivanka Nikolova, 2019. "Manifestation of Intellectual Capital in Trade During Period 2008 – 2018," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 370-384, September.
    • Handle: RePEc:nwe:eajour:y:2019:i:3:p:370-384
    as

    Download full text from publisher

    File URL: https://www.unwe.bg/uploads/Alternatives/4_Nikolova_EA_en_i3_2019.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Pilar BeneitoBy & María Engracia Rochina-Barrachina & Amparo Sanchis, 2017. "Competition and innovation with selective exit: an inverted-U shape relationship?," Oxford Economic Papers, Oxford University Press, vol. 69(4), pages 1032-1053.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Qing Li & Long Hai Vo, 2021. "Intangible Capital and Innovation: An Empirical Analysis of Vietnamese Enterprises," Economics Discussion / Working Papers 21-02, The University of Western Australia, Department of Economics.
    2. Dolores Añón Higón & Juan A. Máñez & María E. Rochina-Barrachina & Amparo Sanchis & Juan A. Sanchis, 2018. "The impact of the Great Recession on TFP convergence among EU countries," Applied Economics Letters, Taylor & Francis Journals, vol. 25(6), pages 393-396, March.
    3. Madan Dhanora & Ruchi Sharma & Walter G. Park, 2021. "Technological Innovations and Market Power: A Study of Indian Pharmaceutical Industry," Millennial Asia, , vol. 12(1), pages 5-34, April.
    4. Dolores Añón Higón & Juan A. Máñez & María E. Rochina-Barrachina & Amparo Sanchis & Juan A. Sanchis, 2022. "Firms’ distance to the European productivity frontier," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 12(2), pages 197-228, June.
    5. José Luis Moraga‐González & Evgenia Motchenkova & Saish Nevrekar, 2022. "Mergers and innovation portfolios," RAND Journal of Economics, RAND Corporation, vol. 53(4), pages 641-677, December.
    6. Labeaga, José M. & Martínez-Ros, Ester & Sanchis, Amparo & Sanchis, Juan A., 2021. "Does persistence in using R&D tax credits help to achieve product innovations?," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    7. Somohano-Rodríguez, Francisco M. & Madrid-Guijarro, Antonia, 2022. "Do industry 4.0 technologies improve Cantabrian manufacturing smes performance? The role played by industry competition," Technology in Society, Elsevier, vol. 70(C).
    8. Elena Cefis & Cristina Bettinelli & Alex Coad & Orietta Marsili, 2022. "Understanding firm exit: a systematic literature review," Small Business Economics, Springer, vol. 59(2), pages 423-446, August.
    9. Thompson, Mark James & Woerter, Martin, 2020. "Competition and invention quality: Evidence from Swiss firms," Technological Forecasting and Social Change, Elsevier, vol. 156(C).

    More about this item

    Keywords

    intellectual capital; intangible assets; domestic trade;
    All these keywords.

    JEL classification:

    • N00 - Economic History - - General - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nwe:eajour:y:2019:i:3:p:370-384. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.