Intellectual capital in economic growth models

  • Igor Lyashenko Taras Shevchenko National University of Kyiv
  • Yuriy Tadeev Taras Shevchenko National University of Kyiv

Abstract

The new conception for constructing economic growth models is proposed in the article. Three main factors are taking into account: physical capital, labor, and intellectual capital (knowledge).  In this case, intellectual capital is represented in three dimensions: technological intellectual capital, human intellectual capital, and relational intellectual capital. In each dimension intellectual capital is considered as specific endogenous technological progress, which is described by the differential equation.

Author Biographies

Igor Lyashenko, Taras Shevchenko National University of Kyiv
Igor LyashenkoDr.phys.-math.sci., prof.,Taras Shevchenko National University of Kyiv,professor 
Yuriy Tadeev, Taras Shevchenko National University of Kyiv
Yuriy TadeevCand.econ.sci., as.prof.,Taras Shevchenko National University of Kyiv,doctorate

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Published
2014-07-04
Issue
No. 1-3(85-87) (2014)
Section
Models and methods of economic dynamics, stability and equilibrium

Copyright (c) 2014 Igor Lyashenko, Yuriy Tadeev

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