National Intellectual Capital and the Financial Crisis in by Carol Yeh-Yun Lin, Leif Edvinsson, Visit Amazon's Jeffrey

By Carol Yeh-Yun Lin, Leif Edvinsson, Visit Amazon's Jeffrey Chen Page, search results, Learn about Author Central, Jeffrey Chen, , Tord Beding

In the 1st decade of the twenty-first century, the largest occasion of globally percentage used to be the 2008 worldwide monetary predicament, which was once triggered essentially by means of useless governance, failed surveillance structures, and implementation flaws. whereas financial and fiscal rules succeeded in pulling many nations out of a monetary freefall, so much economies have played underneath pre-recession degrees as governments persisted to fight with their finances.

Examining the monetary quandary from the perspective of intangible resources presents a distinct viewpoint from conventional monetary techniques. nationwide highbrow Capital (NIC), comprised more often than not of human capital, industry capital, procedure capital, renewal capital, and fiscal capital, is a beneficial intangible asset and a key resource of nationwide aggressive virtue in today’s wisdom financial system. The authors—pioneers within the field—present wide information and a rigorous conceptual framework to research the connections among the worldwide monetary difficulty and NIC improvement. protecting the interval from 2005 to 2010 throughout forty eight international locations, the authors identify a favorable correlation among NIC and GDP in keeping with capita and look at the effect of NIC funding for momentary restoration and long term possibility keep an eye on and method formula.

Each quantity in a sequence of Springer Briefs on NIC and the monetary quandary offers in-depth assurance of the effect of the hindrance, the aftermath, destiny customers, and coverage implications for a local cluster. This quantity specializes in Australia, Canada, Japan, New Zealand, and the us of America.

Show description

Read or Download National Intellectual Capital and the Financial Crisis in Australia, Canada, Japan, New Zealand, and the United States PDF

Similar urban & regional books

Asia's Giants: Comparing China and India

This edited quantity reconsiders the traditional knowledge that argues that the comparative functionality of China has been stronger to that of India, bringing jointly new paradigms for comparing international locations when it comes to economics, social coverage, politics, and international relations. Essays exhibit that if no longer outright mistaken, traditional knowledge has confirmed to be overly simplified.

Integration of Information and Optimization Models for Routing in City Logistics

​As city congestion remains to be an ever expanding challenge, routing in those settings has develop into an enormous region of operations study. This monograph offers state-of-the-art learn, using the hot advances in expertise, to quantify the worth of dynamic, time-dependent details for complicated motor vehicle routing in urban logistics.

Cluster-Based Industrial Development: Kaizen Management for MSE Growth in Developing Countries

This publication examines how one can advertise commercial improvement in low-income international locations. It considers the function of investors within the evolution of a cluster, the function of managerial human capital, the impression of the 'China shock', and the position of business regulations interested by overseas wisdom move in helping the upgrading of clusters.

Additional info for National Intellectual Capital and the Financial Crisis in Australia, Canada, Japan, New Zealand, and the United States

Sample text

2 % in the fourth quarter (ILO 2010b). 7 billion (C$ 50 billion) in securities, respectively, to maintain the availability of longer-term credit in Canada (Chossudovsky 2009; Silva 2009). 6 billion (C$ 200 billion) to pay back new loans made to Canadian financial institutions” (Silva 2009). 3 billion) as a federal stimulus (ILO 2012b). The stimulus program comprised of public spending on goods and services, such as building homes and energy efficiency spending, boosting consumer spending through income tax cut and improved access to finance, and protecting jobs and supporting automotive, forestry, and manufacturing industries (ILO 2010b).

Chapter 3 National Intellectual Capital Development of the Five Advanced Countries National Intellectual Capital Development The NIC measurement model in this study is based upon the indicators described in Appendix 3, containing human capital, market capital, process capital, renewal capital, and financial capital. This model has been statistically proven for its validity and reliability. The definitions of the indicators are listed in Appendix 4. This booklet series covers a total of 48 countries in 11 country clusters (see Appendix 5 for details).

Readers can also refer to Appendix 2 for the important meetings conducted by key global leaders during this financial crisis. Australia In recent decades, Australia has transformed itself into an internationally competitive, advanced market economy, focusing on services, technologies, and high-value-added manufactured goods. However, its exports remain heavily concentrated 12 2 Impact of the 2008 Global Financial Crisis on mining and agriculture (Heritage 2012). Mainly due to the economic reforms adopted in the 1980s, the Australian economy grew for 17 consecutive years before this global financial crisis (CIA 2012).

Download PDF sample

Rated 4.28 of 5 – based on 4 votes