CONSISTENT MANAGEMENT OF NATIONAL INTELLECTUAL CAPITAL IN DIGITAL ECONOMY

Abstract

The study focuses on the ways to manage the national intellectual capital and its structure to ensure economic growth in a digital economy. The main goal of the study is to identify a group of countries with efficient development of the national economy due to systemic management of the national intellectual capital by establishing the relationship between its elements and gross domestic product. The study uses the methods of correlation and cluster analysis. It also uses the systematic approach and the approach of Edvinsson, L. and Lin, K. to the structuring and assessment of national intellectual capital. According to their approach, the intellectual capital includes human, market, process, and renewable capital. Correlation analysis revealed a high positive correlation between the available national intellectual capital and the level of economic development for developed countries, and no correlation for developing countries. The identified pattern for developed countries can be explained by the inherent emergence of intellectual capital, which these countries exploit to manage all its structural elements which, in turn, consolidates and fuels the development of the national economy. The cluster analysis identified a group of developed countries (Denmark, Norway, USA, Finland, Switzerland, Sweden), with leading positions in GDP due to the systemic management of national intellectual capital and prioritization of its process and human components.