Structural capital of Malawi: Year 2005-2014
Tzu-Yorn Kao and
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Tzu-Yorn Kao: Department of Business Administration, Cheng Shiu University, No.840, Chengcing Rd., Niaosong Dist., Kaohsiung City 833, Taiwan
Kuan-Chun Huang: I-Shou University, No.1, Sec. 1, Syuecheng Rd., Dashu District, Kaohsiung City 84001,Taiwan
Journal of Economics Library, 2017, vol. 4, issue 3, 396-401
Not being put as a central agenda when dealing with various forms of significant capitals of a nation, structures (and processes) that carry people, actions, resources, and systems to run are very important. This paper reports the face and development of structural capital of Malawi as a rapidly developing country in Africa. The results showed that, CPIA business regulatory environment (i.e., Business competition environment), Business extent of disclosure (as it reflects Government efficiency), CPIA property rights & rule-based governance rating (Intellectual property right protection), Computers in use per capita, and Ease of doing business(i.e., Convenience of establishing new firms) remained at similar level and with less rapid growth. Positively, the number of firms using banks to finance investment (i.e., capital availability) and the Mobile phone subscribers are two factors that feature this economy’s structural/process capital strength. Theoretical and policy implications follow.
Keywords: Intellectual capital; National wealth; National capital; Intangible assets; Economic growth. (search for similar items in EconPapers)
JEL-codes: M10 M11 M14 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ksp:journ5:v:4:y:2017:i:3:p:396-401
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