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National Intellectual Capital and the Financial Crisis in Austria, Belgium, the Netherlands, and Switzerland / Edition 1
Barnes and Noble
National Intellectual Capital and the Financial Crisis in Austria, Belgium, the Netherlands, and Switzerland / Edition 1
Current price: $54.99
Barnes and Noble
National Intellectual Capital and the Financial Crisis in Austria, Belgium, the Netherlands, and Switzerland / Edition 1
Current price: $54.99
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Examining the financial crisis from the viewpoint of intangible assets provides a different perspective from traditional economic approaches. National Intellectual Capital (NIC), comprised mainly of human capital, market capital, process capital, renewal capital, and financial capital, is a valuable intangible asset and a key source of national competitive advantage in today’s knowledge economy. The authors—pioneers in the field—present extensive data and a rigorous conceptual framework to analyze the connections between the global financial crisis and NIC development. Covering the period from 2005 to 2010 across 48 countries, the authors establish a positive correlation between NIC and GDP per capita and consider the impact of NIC investment for short-term recovery and long-term risk control and strategy formulation.