Original scientific paper
https://doi.org/10.1080/1331677X.2019.1653212
Bioeconomy credentials and intellectual capital: a comparative modelling approach for the E.U.-13 and E.U.-15
Ion Anghel
; Department of Financial and Economic Analysis, The Bucharest University of Economic Studies, Bucharest, Romania
Mirela Cristea
; Department of Finance, Banking and Economic Analysis, University of Craiova, Craiova, Romania
Gratiela Georgiana Noja
orcid.org/0000-0002-9201-3057
; Department of Marketing and International Economic Relations, East European Center for Research in Economics and Business, West University of Timis ̧oara, Timis ̧oara, Romania
Mirela Sichigea
; Department of Finance, Banking and Economic Analysis, University of Craiova, Craiova, Romania
Abstract
Acknowledging the importance of the bioeconomy as an important dimension of sustainable economic development, and particularly for E.U. strategies, this paper aims to identify and assess several bioeconomy modellers under the compelling effects of education and research–development–innovation activities. Within this frame of reference, the authors have assessed the role of intellectual capital in shaping bioeconomy outcomes, distinct for the new E.U.-13 and E.U.-15. A complex set of methods and macro-econometric models was applied on two balanced panels, compiled during 1995–2016, that bind random effects models with panel-corrected standard errors, spatial analysis and structural equation modelling. Overall, the importance of research, development, innovation and specific skills acquired in the field of bioeconomy is outlined, as key elements of E.U. economic strategies, being essential for all Member States.
Keywords
Bioeconomy; intellectual capital; new EU-13 Member States; EU-15 countries; macro-econometric modelling
Hrčak ID:
229576
URI
Publication date:
22.1.2019.
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