Journal of Business & Economic Policy

Intangible Capital and its Impacts on Economic Growth and Competitiveness
Prof. Dr. Ismail Hussein Ismail, Dr. Abeer Mohamed Ali Abd El Khalek

Abstract
Economic growth and competitiveness of countries are mainly based on intangible resources which can be viewed as a success factor that decides economic performance. So, the purpose of this study is to assess the importance of intangible capital and examine its role in enhancing economic performance measured by both of gross domestic product and global competitiveness index. The empirical analysis revealed that there is a strong relation between countries' economic performance and intangible capital indices. Our study aims to examine this relation based on data from thirty countries which can be classified to developed countries, developing countries and emerging countries.

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