INTELLECTUAL CAPITAL AS A DRIVER OF ECONOMIC DEVELOPMENT
There are different factors for obtaining economic development. In contemporary economics, knowledge and intellectual capital have become necessary for achieving economic development. Management and development of intellectual capital bring benefits and advance the economy. The main aim of the pape...
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| Format: | Article |
| Language: | English |
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Faculty of Economics, University of Tuzla
2017-11-01
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| Series: | Economic Review |
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| Online Access: | https://www.er.ef.untz.ba/index.php/er/article/view/103 |
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| author | Sandra Jednak Veljko Dmitrović Vesna Damjanović |
| author_facet | Sandra Jednak Veljko Dmitrović Vesna Damjanović |
| author_sort | Sandra Jednak |
| collection | DOAJ |
| description |
There are different factors for obtaining economic development. In contemporary economics, knowledge and intellectual capital have become necessary for achieving economic development. Management and development of intellectual capital bring benefits and advance the economy. The main aim of the paper is to present the concept of intellectual capital as a driver of economic development. Selected indicators for measuring intellectual capital and knowledge and their influence on the economic development have been presented. The impact of intellectual capital on economic development is different based on the level of national economy development. Intellectual capital is a driver of economic development in advanced economies, while in developing countries it is not so dominant.
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| format | Article |
| id | doaj-art-5c80abb46f0c4163b0bc637f90da772a |
| institution | Kabale University |
| issn | 1512-8962 2303-680X |
| language | English |
| publishDate | 2017-11-01 |
| publisher | Faculty of Economics, University of Tuzla |
| record_format | Article |
| series | Economic Review |
| spelling | doaj-art-5c80abb46f0c4163b0bc637f90da772a2025-02-11T00:33:06ZengFaculty of Economics, University of TuzlaEconomic Review1512-89622303-680X2017-11-01152INTELLECTUAL CAPITAL AS A DRIVER OF ECONOMIC DEVELOPMENTSandra Jednak0Veljko Dmitrović1Vesna Damjanović2University of Belgrade, Faculty of Organizational Sciences, SerbiaUniveristy of Belgrade, Faculty of Organisational Sciences, Serbia University of Belgrade, Faculty of Organizational Sciences, Serbia There are different factors for obtaining economic development. In contemporary economics, knowledge and intellectual capital have become necessary for achieving economic development. Management and development of intellectual capital bring benefits and advance the economy. The main aim of the paper is to present the concept of intellectual capital as a driver of economic development. Selected indicators for measuring intellectual capital and knowledge and their influence on the economic development have been presented. The impact of intellectual capital on economic development is different based on the level of national economy development. Intellectual capital is a driver of economic development in advanced economies, while in developing countries it is not so dominant. https://www.er.ef.untz.ba/index.php/er/article/view/103intellectual capitalknowledgeeconomic developmentknowledge based economy |
| spellingShingle | Sandra Jednak Veljko Dmitrović Vesna Damjanović INTELLECTUAL CAPITAL AS A DRIVER OF ECONOMIC DEVELOPMENT Economic Review intellectual capital knowledge economic development knowledge based economy |
| title | INTELLECTUAL CAPITAL AS A DRIVER OF ECONOMIC DEVELOPMENT |
| title_full | INTELLECTUAL CAPITAL AS A DRIVER OF ECONOMIC DEVELOPMENT |
| title_fullStr | INTELLECTUAL CAPITAL AS A DRIVER OF ECONOMIC DEVELOPMENT |
| title_full_unstemmed | INTELLECTUAL CAPITAL AS A DRIVER OF ECONOMIC DEVELOPMENT |
| title_short | INTELLECTUAL CAPITAL AS A DRIVER OF ECONOMIC DEVELOPMENT |
| title_sort | intellectual capital as a driver of economic development |
| topic | intellectual capital knowledge economic development knowledge based economy |
| url | https://www.er.ef.untz.ba/index.php/er/article/view/103 |
| work_keys_str_mv | AT sandrajednak intellectualcapitalasadriverofeconomicdevelopment AT veljkodmitrovic intellectualcapitalasadriverofeconomicdevelopment AT vesnadamjanovic intellectualcapitalasadriverofeconomicdevelopment |