2019
DOI: 10.1080/1331677x.2019.1653212
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Bioeconomy credentials and intellectual capital: a comparative modelling approach for the E.U.-13 and E.U.-15

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-econometr… Show more

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Cited by 9 publications
(9 citation statements)
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“…Countries like Finland and Sweden, with a high level of intellectual capital (a large proportion of the population with tertiary education and a higher government budget on R&D) generates benefits on the development of biorefineries. Our findings corroborate with the previous study that intellectual capital has positive implications on bioeconomy development among the European countries and there is evidence that tertiary education has a major importance on the bioeconomy, while public financial support for R&D generates positive bioeconomy outcomes [38]. In addition, a lower government budget on R&D could generate constraints on the development of biorefineries [10].…”
Section: Discussionsupporting
confidence: 91%
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“…Countries like Finland and Sweden, with a high level of intellectual capital (a large proportion of the population with tertiary education and a higher government budget on R&D) generates benefits on the development of biorefineries. Our findings corroborate with the previous study that intellectual capital has positive implications on bioeconomy development among the European countries and there is evidence that tertiary education has a major importance on the bioeconomy, while public financial support for R&D generates positive bioeconomy outcomes [38]. In addition, a lower government budget on R&D could generate constraints on the development of biorefineries [10].…”
Section: Discussionsupporting
confidence: 91%
“…These factors indicate the importance of intellectual capital for bioeconomy development. Anghel et al [38] conclude that intellectual capital plays a role in promoting bioeconomy transition, particularly for biomass transformation.…”
Section: Intellectual Capital For Bioeconomy Developmentmentioning
confidence: 99%
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“…SEM combines the advantage of analysis of variance, regression, and factor analysis, extending them with the possibility of modeling cause-and-effect relationships using latent variables (Garson 2015;Brown and Moore 2012;OECD 2008). Any researcher using SEM may identify indirect, direct, and total independencies between variables, both latent and observed variables, and between all specified variables (Garson 2015;Anghel et al 2019). Hoyle (2012), Kline (2011), andStataCorp (2017) provide very broad and valuable descriptions of SEM and different SEM models, while Garson (2015) discusses the many advantages of SEM.…”
Section: Methodsmentioning
confidence: 99%
“…Intellectual capital gained through the knowledge-based bioeconomy became crucial for the development agenda of the European Union [2]. Therefore, the implementation of bioeconomy in Europe will be in a short loop with education and research [3]- [6]. The successful ____________________________________________________________________________ 2020 / 24 150 development of bioeconomy requires new skills from graduates of higher education based on revised model of intellectual improvement and knowledge-based technology innovation [7], [8].…”
Section: Introductionmentioning
confidence: 99%