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Impact of Innovative Capital on the Global Performance of the European Union: Implications on Sustainability Assessment
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Author(s): Cristina Raluca Gh. Popescu (University of Bucharest, Romania & The Bucharest University of Economic Studies, Romania & University of Craiova, Romania & The National Institute for Research and Development in Environmental Protection (INCDPM), Romania & National Research and Development Institute for Gas Turbines (COMOTI), Romania)
Copyright: 2021
Pages: 35
Source title:
Handbook of Research on Novel Practices and Current Successes in Achieving the Sustainable Development Goals
Source Author(s)/Editor(s): Cristina Raluca Gh. Popescu (University of Bucharest, Romania & The Bucharest University of Economic Studies, Romania & University of Craiova, Romania & The National Institute for Research and Development in Environmental Protection (I.N.C.D.P.M.), Romania & National Research and Development Institute for Gas Turbines COMOTI, Romania)
DOI: 10.4018/978-1-7998-8426-2.ch005
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Abstract
With the main objective of determining the essential factors that incorporate or enhance innovative capital, the present study, based, on the one hand, on the evaluation of the literature, allowed identifying ten potential factors and centered, on the other hand, on the analysis represented by the linear regression facilitated displaying the interdependencies between these factors and performance, thus determining the overall meaning and intensity of their contribution. In order to identify general and essential trends, to eliminate the cyclical influences of innovative capital, the present study was conducted on the basis of public and free access data contained by Eurostat, the transparency and accessibility of information being very important criteria in defining a simple and successful model, applicable for assessing the contribution of intellectual capital, in general, and its most dynamic component of innovative capital to increasing the performance of organizations.
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