National Intangible Capital

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: 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, 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 NI