Abstract
The purpose of the article is to study the innovation levers of developing the intellectual background for economic growth in two groups of post-socialist Central and Eastern European countries (middle-income and lower-middle-income countries). To achieve that, the quantitative effect of the national intellectual capital components (human capital, market capital, structural capital and capital of renewal and development) on the dynamics of the countries’ economic growth was determined.For both groups, multiple regressions have been constructed that reflect the quantitative relationship between the economic growth rates (in the regressions – the indicator of real gross domestic product per capita) and the components of national intellectual capital in 2010–2018. It has been established that the key innovative indicator of the economic growth of middle-income countries is the national capital of renewal and development, which in general corresponds to the pan-European model of innovation and investment development. Education is the main factor that provides the basis for the economic growth of lower-middle-income countries. Recommendations on improvement of national innovation policy are offered.
Highlights
A gradual transition to a new technology, i.e., an information-innovation economy, or an economy based on knowledge, information and innovation, is taking place in the world
It has been established that the key innovative indicator of the economic growth of middle-income countries is the national capital of renewal and development, which in general corresponds to the pan-European model of innovation and investment development
The research of innovation levers of the formation of the intellectual background for the economic growth of modern macro systems, as well as the definition of tools, methods and organizational and economic mechanisms for optimizing the relationship between the indicators characterizing these processes, is an urgent task. Awareness of this requires developing a new paradigm of knowledge about shaping the economic growth intellectual basis, which in the long run will allow to improve the state policy of innovation development based on increasing the efficient management of the national intellectual capital components
Summary
DOI RELEASED ON RECEIVED ON ACCEPTED ON LICENSE JOURNAL ISSN PRINT ISSN ONLINE PUBLISHER FOUNDER. Yevgen Kuzkin https://orcid.org/0000-0002-6790-8238 Tetiana Cherkashyna https://orcid.org/0000-0003-3675-0391 Natalia Nebaba https://orcid.org/0000-0003-1264-106X http://www.researcherid.com/rid/U-8721-2017 Bozena Kuchmacz https://orcid.org/0000-0001-7020-6141. Economic growth of the country and national intellectual capital (evidence from the post-socialist countries of the central and eastern Europe). Problems and Perspectives in Management, 17(1), 348-359.
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
