IDEAS home Printed from https://ideas.repec.org/a/rfe/zbefri/v29y2011i1p109-132.html
   My bibliography  Save this article

Estimation of intellectual capital in the European Union using a knowledge model

Author

Listed:
  • Jose Luis Alfaro Navarro

    (University of Castilla–La Mancha, Faculty of Economics and Business Administration of Albacete, Albacete, Spain)

  • Victor Raul Lopez Ruiz

    (University of Castilla–La Mancha, Faculty of Economics and Business Administration of Albacete, Albacete, Spain)

  • Domingo Nevado Pena

    (University of Castilla–La Mancha, Faculty of Law and Social Sciences of Ciudad Real, Ciudad Real, Spain)

Abstract

This paper presents a model aimed at measuring intellectual capital as the potential knowledge of a country and apply it to the European Union. The method consists of activating accountable expenses, assumed to generate knowledge. In order to do so, efficiency indicators are used, derived from a summary of variables of structural, human and technological capitals by means of factor analysis. The results of this study for the EU25 in 2006 explain why Northern Europe has greater intellectual capital potential. They are more productive, as they manage and apply new technologies better. In human capital, Eastern countries have strong potential. The paper concludes that, at the conceptual level, this information should be used to design convergence policies and balanced development strategies to ensure economic growth.

Suggested Citation

  • Jose Luis Alfaro Navarro & Victor Raul Lopez Ruiz & Domingo Nevado Pena, 2011. "Estimation of intellectual capital in the European Union using a knowledge model," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 29(1), pages 109-132.
    • Handle: RePEc:rfe:zbefri:v:29:y:2011:i:1:p:109-132
    as

    Download full text from publisher

    File URL: https://www.efri.uniri.hr/sites/efri.hr/files/cr-collections/2/03-navarro-2011-1.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Zoltan J. Acs & Henri L. F. Groot & Peter Nijkamp (ed.), 2002. "The Emergence of the Knowledge Economy," Advances in Spatial Science, Springer, number 978-3-540-24823-1, Fall.
    2. Carol Yeh-Yun Lin & Leif Edvinsson, 2011. "National Intellectual Capital," Springer Books, Springer, number 978-1-4419-7377-1, September.
    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. Bernard COUTROT & Jean H.P. PAELINCK & Alain SALLEZ & Ryan SUTTER, 2009. "On Potentialized Partial Finite Difference Equations: Analyzing The Complexity Of Knowledge-Based Spatial Economic Developments," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 29, pages 237-264.
    2. Nijkamp, P. & Abreu, M., 2009. "Regional development theory," Serie Research Memoranda 0029, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    3. Aleknavičiūtė Rasa & Skvarciany Viktorija & Survilaitė Simona, 2016. "The Role of Human Capital for National Innovation Capability in Eu Countries," Economics and Culture, Sciendo, vol. 13(1), pages 114-125, June.
    4. Jennifer Hunt & Marjolaine Gauthier-Loiselle, 2010. "How Much Does Immigration Boost Innovation?," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(2), pages 31-56, April.
    5. Jiafeng Gu, 2021. "Effects of Patent Policy on Outputs and Commercialization of Academic Patents in China: A Spatial Difference-in-Differences Analysis," Sustainability, MDPI, vol. 13(23), pages 1-17, December.
    6. McCann, Philip & Arita, Tomokazu, 2006. "Clusters and regional development: Some cautionary observations from the semiconductor industry," Information Economics and Policy, Elsevier, vol. 18(2), pages 157-180, June.
    7. Tomas Del Barrio-Castro & Jose Garcia-Quevedo, 2005. "Effects of university research on the geography of innovation," Regional Studies, Taylor & Francis Journals, vol. 39(9), pages 1217-1229.
    8. José-Luis Alfaro Navarro & Victor-Raúl López Ruiz & Domingo Nevado Peña, 2014. "Economic Growth and Intangible Capitals: Europe versus Asia," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 61(3), pages 261-274, June.
    9. Roberto Camagni, 2002. "On the Concept of Territorial Competitiveness: Sound or Misleading?," Urban Studies, Urban Studies Journal Limited, vol. 39(13), pages 2395-2411, December.
    10. Simona BUSOI, 2014. "Human and Intellectual Capital on Ethical Bases in a New Era," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(3), pages 262-272, July.
    11. Karima Kourtit & Daniel Arribas-Bel & Peter Nijkamp, 2013. "High Performance in Complex Spatial Systems: A Self-Organizing Mapping Approach with Reference to The Netherlands," Tinbergen Institute Discussion Papers 13-194/VIII, Tinbergen Institute.
    12. Martina Fromhold-Eisebith & Claudia Werker, 2013. "Universities’ functions in knowledge transfer: a geographical perspective," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 51(3), pages 621-643, December.
    13. Domingo Nevado-Peña & Víctor-Raúl López-Ruiz & José-Luis Alfaro-Navarro, 2015. "The Effects of Environmental and Social Dimensions of Sustainability in Response to the Economic Crisis of European Cities," Sustainability, MDPI, vol. 7(7), pages 1-15, June.
    14. Ilsoon Shin, 2006. "Adoption of Enterprise Application Software and Firm Performance," Small Business Economics, Springer, vol. 26(3), pages 241-256, April.
    15. Marina Van Geenhuizen & Pieter Stek, 2015. "Mapping innovation in the global photovoltaic industry: a bibliometric approach to cluster identification and analysis," ERSA conference papers ersa15p697, European Regional Science Association.
    16. Francesco Antonio Anselmi, 2011. "Innovations of the Policy of Regional Development of the OECD and European," ERSA conference papers ersa10p1314, European Regional Science Association.
    17. Roberto Camagni & Roberta Capello, 2013. "Regional Competitiveness and Territorial Capital: A Conceptual Approach and Empirical Evidence from the European Union," Regional Studies, Taylor & Francis Journals, vol. 47(9), pages 1383-1402, October.
    18. Iammarino, Simona & McCann, Philip, 2006. "The structure and evolution of industrial clusters: Transactions, technology and knowledge spillovers," Research Policy, Elsevier, vol. 35(7), pages 1018-1036, September.
    19. Daniel Nepelski & Giuditta de Prato, 2014. "Identifying European Poles of Excellence: The Methodology," JRC Research Reports JRC85356, Joint Research Centre.
    20. Hemert, P. van & Nijkamp, P., 2008. "Thematic research prioritization in the EU and the Netherlands: an assessment on the basis of content analysis," Serie Research Memoranda 0023, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.

    More about this item

    Keywords

    intellectual capital; knowledge economy; indicators; European Union;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • R5 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis

    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:rfe:zbefri:v:29:y:2011:i:1:p:109-132. 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: Danijela Ujcic (email available below). General contact details of provider: https://edirc.repec.org/data/efrijhr.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.