Creative intelligence

Abstract

This paper examines the behavioural finance aspects of developed countries which invest significantly in R&D, while trying to benefit from this investment, within the framework of the so called 'creative intelligence'. At this level, creative intelligence lies in the framework of the 'intelligent' way which must be used to assure creativity and thus innovation. As its name suggests, creative intelligence excludes imitation. Therefore, firstly, it requires an important investment in R&D that manifests itself in the developed countries. The resulting technological change seems to be a necessary but insufficient condition to assure innovation. Indeed, two other factors are necessary for that: the patent, as a form of protection of intellectual property rights, and the human capital (and thus the education). The resulting innovation can be of two forms: either horizontal or vertical, though more interest should be given to vertical innovations since there is a priority in households for quality. The relationship between R&D and stock markets will allow better understanding of the relationship between R&D, innovation, and the benefits that result.

Perception intelligence as an element of human intellectual capital and its assessment among university students

“…In the conditions of society of knowledge and the fourth industrial revolution the creative intelligence is of particular importance because transformation of scientific achievements in a multi-purpose innovation is necessary: production, commercial, financial, managerial, social, ecological and also in the sphere of various services and entertainments for the purpose of acceleration of scientific and technical development of the countries, regions and cities, improvement of quality of life of the population, the solution of pressing problems (Samet and Teulon, 2012;Hugill and Yang, 2013;Da Cunha and Selada, 2009;Karlsson and Gråsjö, 2014;Fellnhofer and Pree, 2018;McDonnell et al, 2017).…”

Behavioral mediators of financial decision making – a state-of-art literature review

“…In a similar study, Cronqvist and Siegel (2014) argued that genetic differences expound 45 percent of behavioral variations and biases. In another research, Samet and Teulon (2012) examined the benefits of creative intelligence as a function of company’s R&D investment, patents, intellectual property rights on stock markets. IQ improves diversification and stock market participation (Grinblatt et al , 2011), where high IQ investors are less affected by the disposition effect (Grinblatt et al , 2012).…”