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.The New Club of Paris http://new-club-of-paris.org/ 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).Edvinsson, L. and Malone, M. (1997). Intellectual Capital: Realising Your Company's True Value by Finding its Hidden Brainpower. Harper Collins, New York. 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 of 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 RANK Country NIC Index GDP Impact % RANK Efficiency RANK 18.9873.8025.771 28.9353.23214.8313 38.5575.7415.732 48.3468.8244.7215 58.2463.2365.264 68.1869.4335.016 77.9961.68124.949 87.8357.79174.5616 97.8244.29333.8334 107.8056.57184.8412 117.7562.00114.5317 127.6652.58254.1326 137.6064.2755.016 147.5862.7485.653 157.5761.36135.008 167.4458.48164.2523 177.3862.6994.7414 187.3859.05154.3420 197.3660.80145.185 207.3563.2074.8610 217.3162.15104.8610 227.1353.03224.1127 237.1249.66273.8432 246.9756.26194.1625 256.9452.59244.2922 266.9150.41264.1029 276.7049.41284.5118 286.1244.86323.3150 296.1143.19344.0231 305.9440.26413.2352 315.7554.31204.1824 325.5738.12463.3847 335.5445.84313.3946 345.5246.23303.8432 355.5238.22453.2153 365.4635.16533.8035 375.4341.59363.6242 385.2936.67503.2054 395.2042.30354.4619 405.0848.54293.7738 414.9252.79234.3021 424.9036.77493.7936 434.7819.69592.2959 444.7440.44394.1127 454.6838.29443.7837 464.6434.43543.5643 474.6137.51473.3449 484.5940.53383.3548 494.5840.36403.5444 504.5739.39433.6939 514.5032.07563.1456 524.4239.59423.5444 534.3841.33373.6541 544.3230.73582.9458 554.2536.62513.2451 564.1636.61523.6840 574.1436.87484.0430 583.7231.34573.0057 593.6832.55553.1655 (Source: bimac nic 2014 / http://bimac.fi)
References
External links
National intangible capital NIC / 2016 The New Club of Paris