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.
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.
