Advanced Search
MyIDEAS: Login to save this paper or follow this series

Measurement of national intellectual capital – application to EU countries


Author Info

  • Weziak, Dorota

    (Warsaw School of Economics, Institute of Statistics and Demography)

Registered author(s):


    The aim of the article is to present both an alternative approach to measurement of intellectual capital of a country (IC) and a calculation of IC index. In order to achieve it, at first a definition of IC was adopted and a conceptual model of IC was worked out. Then, a method of operationalisation of conceptual model was elaborated, which comprised: 1. method of transforming the theoretical concept and relations into more concise ones that enabled the measurement sensu stricto, 2. selection of indicators of each component of IC, 3. adoption of appropriate method of aggregation of indicators. Finally the measurement of each component of IC and IC itself for UE countries was executed. Proposed method of IC measurement can be regarded as the extension of the proposals of Bontis (Bontis, 2004) and Andriessen and Stam (Andriessen, Stam, 2004). Thanks to the application of different approach to data aggregation the subjective decision concerning weights imposed on IC indicators made by Bontis was confirmed. Different factor loadings and resulting from them factor scores for each measurement model of components of IC and IC itself proved the indicators are not of the same importance. Although it could be useful and interesting to compare their relative importance, unfortunately it was impossible to conduct due to the lack of entire comparability of the indicators used. Strong correlation between IC index and GDP per capita indicated that there was a significant level of information carried by the IC index. First of all, it should be pointed out that IC probably explains significant part of the difference in the level of development of various countries. Secondly, it does not carry the full information about the value of the GDP in economy, so it possibly carries also information about the future development of a country.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL:
    Our checks indicate that this address may not be valid because: 403 Forbidden. If this is indeed the case, please notify (Philippe Van Kerm)
    Download Restriction: no

    Bibliographic Info

    Paper provided by IRISS at CEPS/INSTEAD in its series IRISS Working Paper Series with number 2007-13.

    as in new window
    Length: 41 pages
    Date of creation: Nov 2007
    Date of revision:
    Handle: RePEc:irs:iriswp:2007-13

    Contact details of provider:
    Postal: 3, avenue de la Fonte, L-4364 Esch-sur-Alzette, G.-D. Luxembourg
    Phone: 00352 / 58 58 55 - 1
    Fax: 00352 / 58 58 55 - 700
    Web page:
    More information through EDIRC

    Related research

    Keywords: intellectual capital ; EU countries ; factor analysis ; SEM;

    This paper has been announced in the following NEP Reports:


    No references listed on IDEAS
    You can help add them by filling out this form.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Pavlopoulos, Dimitris & Fouarge, Didier & Muffels, Ruud & Vermunt, Jeroen K., 2007. "Who benefits from a job change: The dwarfs or the giants?," IRISS Working Paper Series 2007-16, IRISS at CEPS/INSTEAD.
    2. Prejmerean, Mihaela Cornelia & Vasilache, Simona, 2008. "What's a university worth? Changes in the lifestyle and status of post-2000 European Graduates," IRISS Working Paper Series 2008-05, IRISS at CEPS/INSTEAD.
    3. Corsini, Lorenzo, 2008. "Institutions, Technological Change and the Wage Differentials Between Skilled and Unskilled Workers: Theory and Evidence from Europe," IRISS Working Paper Series 2008-02, IRISS at CEPS/INSTEAD.
    4. Martin, Ludivine, 2007. "The impact of technological changes on incentives and motivations to work hard," IRISS Working Paper Series 2007-15, IRISS at CEPS/INSTEAD.


    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:irs:iriswp:2007-13. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Philippe Van Kerm).

    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 references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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