Insights from NIC and GDP Co-development

Abstract

In this chapter, we also summarize the national intellectual capital (NIC) development of the 48 countries in five groups, namely NIC ranking 1st–10th, 11th–20th, 21st–30th, 31st–40th, and 41st–48th. The main purpose of such grouping is to see which countries excels or lags in a group with similar NIC performance. For the ease of reading, we prepare a summary in Table 3.1 displaying the high and low countries in NIC, HC (human capital), MC (market capital), PC (process capital), RC (renewal capital), and FC (financial capital) for the five ranking groups. The table provides a good direction for the lagging countries in each capital to set their goals for catching up with their counterparts. Readers can refer to Appendix F for the graphs of NIC, HC, MC, PC, RC, and FC each covers five ranking groups.