Analysis of the Contribution of Intellectual Capital to Economic Growth Based on an Empirical Analysis of Prefecture-Level Cities in Guangxi

Qun Zeng, ZhenHai Tan and Chunnian Liu

Mathematical Problems in Engineering, 2021, vol. 2021, 1-12

Abstract:

The purpose of this paper is to explore the reasons for the differences in intellectual capital between regions and put forward reasonable suggestions for regional economic development through the use of an intellectual capital measurement model. Based on a sample of 14 cities in Guangxi in 2017, this work builds a set of indicator systems to evaluate intellectual capital contributions. First, the comprehensive intellectual capital score of each region is calculated, and the principal component analysis is used to analyze three elements. Second, a regression equation model between the regional intellectual capital and the regional economic status indicator—GDP—is established, and a descriptive statistical test, a correlation test, and a robustness test are carried out on the model. This work finds that the three major factors of regional intellectual capital have positive effects on the level of regional economic development, among which the contribution of regional structural capital to economic development is the largest, reaching more than 50%, followed by human capital, and, finally, relational capital. The unbalanced characteristics of intellectual capital between cities are quite prominent, and thus, the alleviation of the unbalanced development of cities has become a problem that must be urgently addressed. Structural capital has the highest impact on GDP of all types of capital, with government income from structural capital accounting for more than half of total incomes.

Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://downloads.hindawi.com/journals/MPE/2021/9962010.pdf (application/pdf)
http://downloads.hindawi.com/journals/MPE/2021/9962010.xml (text/xml)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:9962010

DOI: 10.1155/2021/9962010

Access Statistics for this article

More articles in Mathematical Problems in Engineering from Hindawi
Bibliographic data for series maintained by Mohamed Abdelhakeem ().