ICRG in 3ECIC Nicosia (Cyprus)

ICRG shows a new work on 3ECIC (Cyprus), where we analyse IC for 72 countries between 2000 and 2008, some conclusions:

National intellectual capital is a divergence factor in terms of economic growth in the 2000 decade, therefore if we use this measure of wealth in a nation the difference between countries will be higher.

Intellectual capital allows anticipating the economic crisis beginning in 2008. In this sense, we can emphasize the important of the human capital in the economic situation in 2008. It shows that governments have to make more attacks in these aspects.

More information in 3ECIC proceedings

Intellectual Capital Research Group

Intellectual Capital Research Group is born.

This research group centres on aspects that related to the measurement and valuation of intangible assets in companies, sectors, regions or countries.

His components report his works in these topics. On the other hand, they aspire to develop an international network of experts and researches in this topic.

ICRG

ECIC 2010 - Lisbon March

In Lisbon, we present results and comparisons on intellectual capital for countries in European Congress on Intellectual Capital (ECIC 2010).

Main contributions were:

• In economics, it is becoming increasingly necessary to consider aspects that go beyond production to measure the national wealth.


• In the last years, researches have carried out IC models.


• Generally speaking, differences exist with respect to the indicators used and dimensions into which intellectual capital must be divided. However, the practical results obtained by these models yield very similar conclusions. Therefore, it would be desirable to obtain an approach to a model that captures the advantages and disadvantages of each, in order to extrapolate it.


• Results confirm that the gap of intangible capital is divergent, that is to say, that the rich countries are more prosperous in knowledge and manage this asset more efficiently.


• Finally, in terms of visible plus non visible wealth, the comparison in per capita terms shows a map in which the great areas of world-wide development remain the same, although with greater variations in said zones. The countries with the highest level of hidden intangibles can be found in the north and centre Europe, followed by the United States and Japan.

Models compared were:

World Bank, Bontis, Yeh-Yun Lin & Edvinsson and our model.

THE RELATIONSHIPS BETWEEN ECONOMIC GROWTH AND INTELLECTUAL CAPITAL: AN INTERNATIONAL STUDY

69th International Atlantic Economic Conference. Prague, Czech Republic
In this case we present an international study for 82 countries, as conclusions:

• We have proposed an indicator of intellectual capital that picks up factors with great influence on economic growth not captured by GDP.


• We have used efficiency index to group countries in accordance with the level of development.


• Structural factor (image, processes, technology…) are the most closely related to the wealth of a country.


• Human capital does not contribute significatly to economic growth.


• Countries that produce most good and services are the highest in intangible value.


• The differences between the first and last country in terms of GDP is smaller then the gap in terms of intellectual capital.


• Factor more important are structural.

Migration and Intellectual Capital

In Porto (4th APDR Workshop – “Immigration and Development”), we study the relationship between intellectual capital in EU27 and migrations.

As results intellectual capital components relationed with net migration are:
• Labor market management (Human capital).
• Image of the country (external and internal) in social and economic perspective (Structural capital).

We incorporate a 'comprehensive' vision of development and national wealth. The results translate in major differences in total wealth terms that of visible wealth between the European countries.
Migrations go to richest countries, also in intangible, before that developing countries. This way, a divergent scene is confirmed, in the human capital and wealth.

We present a international Model of Intellectual Capital in Firenze

2009 September, Firenze
A MEASUREMENT OF TECHNICAL PROGRESS IN TERRITORIES SUPPORTED IN INTELLECTUAL CAPITAL

The results for EU countries indicate that Northern Europe has greater intellectual capital potential. This result explains why these countries are more productive, as they manage and apply new technologies better. On the human capital side, Eastern European countries have strong potential. The inhabitants of these countries have a good level of professional training, whereas ICT are not used as efficiently as in Northern European countries.

Moreover, we must highlight the favourable position of countries that have recently acceded to the EU, in terms of intellectual capital, one of the main drivers of economic development in any given country. This situation indicates great potential for growth as well as stability, notice of which should be taken mainly by Southern Europe, in light of the low level of existing intangible capital.

Integral Analysis as Information System of Knowledge of territories

We are working in development the Integral Analysis (INTAN) as a new tool for estimate 'new wealth of the territories': knowledge.

With this Information System supported in indicators and economic variables, we are estimating the Intellectual Capital of a space (nation, region or city) and we are knowing this value for strategic planning, control of public policies or comparisons between spaces.

Now, it is possible to know that possibilities, in human and structural knowledge growth, offer an area for the rest of the world.

As example, we show two charts with ten better NUTS EU15 in estructural and human capitals (year 2002).

Source: López, Nevado y Baños, (2008). Eure Review, 101.