National intangible capital (NIC) performance for 59 countries 2014 as measured by the ELSS (Edvinsson-Lin-Ståhle-Ståhle) methodology for measuring stock of national intangible capital, economic impacts and efficiency of NIC:
[ELSS methodology presented in detail in: Ståhle, P., Ståhle, S. and Lin, C.Y.Y. (2015) ‘Intangibles and national economic wealth – a new perspective on how they are linked’,Journal of Intellectual Capital, 16(1), pp. 20–57. .] Research is supported as an initiative by The New Club of Paris.
* NIC index values as a measure for stock of country NIC potentials embedded in its national intangible capital
** National Intangible Capital NIC consists of four basic dimensions according to the model by Edvinsson & Malone (1997). This model has been further developed,
[Lin, C.Y.Y. and Edvinsson, L. (2011). National intellectual capital: A comparison of 40 countries, NY: Springer Publishing Co.
] now consisting 48 different indicators representing the four main NIC categories:
::: ''
Human capital'': Capacity and capability of a country population
::: ''Market capital'': Global business attractivity of country
::: ''Process capital'': Operational functionality of the nation
::: ''Renewal capital'': Capacity for knowledge creation, exploitation and innovation
* Economic impacts of NIC in GDP formation as percentage (%) of GDP, i.e. how much of GDP is depending on and produced by utilizing NIC
* Efficiency of NIC as output/input ratio, i.e. ratio of percentage impact in GDP per cost of input as percentage of GDP
In further sections national intangible capital NIC and the ELSS methodology is described in detail.
NIC performance 2014
(Source: bimac nic 2014 / http://bimac.fi)
References
External links
National intangible capital NIC / 2016The New Club of Paris{{Types of capital
Capital (economics)
Gross domestic product
National accounts