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Comparative Measurement of Intellectual Potential in Economics of Ukraine and Romania

Author

Listed:
  • Anatolii NYKYFOROV

    (Kyiv National Economic University named after Vadym Hetman, Kyiv, Ukraine)

  • Olena SUSHCHENKO

    (Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine)

  • Milen MITKOV

    (Bulgarian Air Force Academy "Georgi Benkovski", Dolna Mitropolia, Bulgaria)

  • Nataliia POHUDA

    (Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine)

Abstract

The article is devoted to solving methodological and practical problems of identification and measurement of national intellectual potential (IP). The relevance of this study is due to the fact that the level of IP is a determining factor in the prospects for the economic development of countries on an innovative basis. Objectives: The object of research is the IP of Ukraine and Romania. The subject of the study is a comparison of the PI of these countries. The choice of countries for research and comparison on this indicator is due to a number of factors: close geographical location, GDP, the duration of the period of market transformation of the economy and others. Methods/Approach: A statistical method of measuring IP based on normalized indices is used. The authors substantiate the original set of indicators used in the calculation of the general IP index and its components. Results: The article summarizes the results of the analysis of the advantages and disadvantages of the most common methodological approaches to measuring IP using the sum of the absolute values of the IP components (Scandia-navigator), the index method of dynamic measurement of IP (IC-dVal), the method of normalized indices, proposed by the UN. The article proposes the author's method of comparative measurement of individual entrepreneurs of the two countries on the basis of normalized indices. The system of indicators, which characterizes the level of human intelligence, artificial intelligence and intellectual products that are components of individual entrepreneurs, is substantiated. Conclusions: To increase the reliability of the IP assessment, it is advisable to single out methodological tools for the influence of the state (government) and the market on the motivation of innovative work and innovative entrepreneurship. The approbation of the proposed methodology on the actual data of Ukraine and Romania, which are contained in international and national information resources, carried out in the article, makes it possible to draw a reasonable conclusion that Romania in the period 2016-2018 is approaching and ahead of Ukraine in terms of individual entrepreneurs.

Suggested Citation

  • Anatolii NYKYFOROV & Olena SUSHCHENKO & Milen MITKOV & Nataliia POHUDA, 2023. "Comparative Measurement of Intellectual Potential in Economics of Ukraine and Romania," Access Journal, Access Press Publishing House, vol. 4(2), pages 278-296, March.
    • Handle: RePEc:aip:access:v:4:y:2023:i:2:p:278-296
    DOI: 10.46656/access.2023.4.2(9)
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    References listed on IDEAS

    as
    1. Constantin SCHIFIRNET, 2013. "The Intellectual’s State in the Context of the Romanian Society’s Europeanization," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 1(2), pages 293-315, August.
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      More about this item

      Keywords

      human intelligence; artificial intelligence; intellectual resources; intellectual potential; intellectual capital;
      All these keywords.

      JEL classification:

      • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
      • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
      • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
      • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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