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Croatian Operational Research Review, Vol.6 No.2 Listopad 2015.

Izvorni znanstveni članak
https://doi.org/10.17535/crorr.2015.0034

System dynamics modelling and simulating the effects of intellectual capital on economic growth

Ivona Milić Beran   ORCID icon orcid.org/0000-0001-7564-3877 ; Maritime Department, University of Dubrovnik, Dubrovnik, Croatia

Puni tekst: engleski, pdf (185 KB) str. 445-457 preuzimanja: 659* citiraj
APA 6th Edition
Milić Beran, I. (2015). System dynamics modelling and simulating the effects of intellectual capital on economic growth. Croatian Operational Research Review, 6 (2), 445-457. https://doi.org/10.17535/crorr.2015.0034
MLA 8th Edition
Milić Beran, Ivona. "System dynamics modelling and simulating the effects of intellectual capital on economic growth." Croatian Operational Research Review, vol. 6, br. 2, 2015, str. 445-457. https://doi.org/10.17535/crorr.2015.0034. Citirano 19.08.2018.
Chicago 17th Edition
Milić Beran, Ivona. "System dynamics modelling and simulating the effects of intellectual capital on economic growth." Croatian Operational Research Review 6, br. 2 (2015): 445-457. https://doi.org/10.17535/crorr.2015.0034
Harvard
Milić Beran, I. (2015). 'System dynamics modelling and simulating the effects of intellectual capital on economic growth', Croatian Operational Research Review, 6(2), str. 445-457. doi: https://doi.org/10.17535/crorr.2015.0034
Vancouver
Milić Beran I. System dynamics modelling and simulating the effects of intellectual capital on economic growth. Croatian Operational Research Review [Internet]. 31.10.2015. [pristupljeno 19.08.2018.];6(2):445-457. doi: https://doi.org/10.17535/crorr.2015.0034
IEEE
I. Milić Beran, "System dynamics modelling and simulating the effects of intellectual capital on economic growth", Croatian Operational Research Review, vol.6, br. 2, str. 445-457, Kolovoz 2018. [Online]. doi: https://doi.org/10.17535/crorr.2015.0034

Sažetak
System dynamics modelling is one of the best scientific methods for modelling complex, nonlinear natural, economic and technical system dynamics as it enables both monitoring and assessment of the effects of intellectual capital on economic growth. Intellectual capital is defined as “the ability to transform knowledge and intangible assets into resources to create wealth for a company and a country.” Transformation of knowledge is crucial. Knowledge increases a country’s wealth only if its importance is recognized and applied differently from existing work practices. The aim of this paper is to show the efficiency of modelling system dynamics and simulating the effects of intellectual capital on economic growth. A computer simulation provided a mathematical model, providing practical insight into the dynamic behavior of the observed system, i.e. the analysis of economic growth and observation of mutual correlation between individual parameters. The results of the simulation are presented in graphical form. The dynamic model of the effects of intellectual capital on Croatia’s economic growth has been verified by comparing simulation results with existing data on economic growth.

Ključne riječi
intellectual capital, economic growth; system dynamics; structural model; development diagram

Hrčak ID: 148273

URI
https://hrcak.srce.hr/148273

Posjeta: 830 *