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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 NIC and the ELSS methodology is described in detail.
^ 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. doi:10.1108/jic-02-2014-0017.
Edvinsson, L. and Malone, M. (1997). Intellectual Capital: Realising Your Company's True Value by Finding its Hidden Brainpower. Harper Collins, New York.
Lin, C.Y.Y. and Edvinsson, L. (2011). National intellectual capital: A comparison of 40 countries, NY: Springer Publishing Co. ISBN978-1-4419-7376-4