European Experiences Relating to National Intellectual Capital Metrics

Roxana Arabela Dumitrascu () and Vadim Dumitrascu ()
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Vadim Dumitrascu: "Dimitrie Cantemir" Christian University

Knowledge Horizons - Economics, 2013, vol. 5, issue 3, 40-43

Abstract: At present, the intellectual capital has a prominent place in the strategy, planning and development of the territories. This role is owed to the fact that national economies are intensely prepared in a process of rapid transition towards a knowledge-based society where the intellectual capital is considered the main source of wealth, prosperity and growth. This capital can be understood from the macroeconomic point of view as representing a country or region’s ability to convert knowledge and intangible assets into wealth (economic value). Thus, the intellectual capital is closely related to the economic and human development. In terms of the components of the intellectual capital, there is not yet a common agreement on its number and scope, but all the models and methodologies developed so far indicate the presence of at least three dimensions: human capital, structural capital and relational capital.

Keywords: Intellectual capital; human capital; structural capital; relational capital; sustainable development (search for similar items in EconPapers)
JEL-codes: B15 C46 M20 (search for similar items in EconPapers)
Date: 2013
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