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{"id":20324,"date":"2025-06-01T11:11:05","date_gmt":"2025-06-01T08:11:05","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=20324"},"modified":"2025-06-01T11:11:05","modified_gmt":"2025-06-01T08:11:05","slug":"the-role-of-intellectual-capital","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/the-role-of-intellectual-capital\/","title":{"rendered":"Tsalan M. The Role of Intellectual Capital of Countries in the Globalized Economic Space"},"content":{"rendered":"<section class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]<\/p>\n<table style=\"height: auto; border: solid 1px white!important;\" width=\"100%\">\n<tbody>\n<tr>\n<td style=\"border: solid 1px white!important;\"><strong>JEL Classification:<\/strong> F20; F22; F29.<\/td>\n<td style=\"text-align: right; border: solid 1px white!important;\"><b>DOI<\/b><span style=\"font-weight: 400;\">: <a href=\"https:\/\/doi.org\/10.31521\/modecon.V50(2025)-28\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/doi.org\/10.31521\/modecon.V50(2025)-28<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>[\/vc_column_text][vc_column_text]<b>Tsalan M.I., <\/b><span style=\"font-weight: 400;\">PhD in Economics, Associate Professor, Associate Professor of the Department of International Economic Relations, State Higher Educational Institution \u00abUzhhorod National University\u00bb, Uzhhorod, Ukraine<\/span><\/p>\n<p><strong>ORCID ID:<\/strong> <a href=\"https:\/\/orcid.org\/0000-0003-1878-1346\"><span style=\"font-weight: 400;\">0000-0003-1878-1346<\/span><\/a><br \/>\n<strong>e-mail: <\/strong><a href=\"mailto:myroslava.tsalan@uzhnu.edu.ua\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">myroslava.tsalan@uzhnu.edu.ua<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: center;\">The Role of Intellectual Capital of Countries in the Globalized Economic Space<\/h2>\n<p><b><i>Abstract. Introduction<\/i><\/b><i><span style=\"font-weight: 400;\">. In the context of intensifying globalisation processes and the emergence of the knowledge economy, intellectual capital plays a crucial role in ensuring the competitiveness and economic growth of states. In the modern world, a country\u2019s ability to generate, accumulate, and effectively apply knowledge, skills, innovations, and social ties determines its level of economic development, stability, and competitive advantage in the global market.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\"><b>Purpose<\/b>. The main purpose of this article is to examine the role of intellectual capital within the framework of active globalisation processes.<\/span><\/i><\/p>\n<p><b><i>Results<\/i><\/b><i><span style=\"font-weight: 400;\">. Intellectual capital possesses a number of distinctive features, the most important of which is its relationship with human capital. These are interconnected socio-economic categories, with the individual at the core of both. In a globalised economy, favourable conditions are created for the free circulation of knowledge, technology, and human capital between states. This facilitates the transfer of intellectual capital through international partnerships, investments, and the mobility of qualified personnel. The development of intellectual resources is becoming increasingly important due to its close connection with key economic processes in today\u2019s globalised world, such as digitalisation, trade in services, and investment activities. These interconnected processes jointly shape a new economic reality, in which knowledge, talent, and experience \u2014 the fundamental elements of intellectual resources \u2014 serve as the primary production factors and drivers of economic development.<br \/>\nThe issue of preserving intellectual potential has become particularly urgent in Ukraine since the beginning of the full-scale war with Russia in 2022. Under martial law, youth migration has had a negative impact on living standards and quality of life, exacerbating socio-economic instability and weakening the country&#8217;s security and economic resilience. The outflow of young people abroad poses a serious threat to the future development and sustainability of the Ukrainian economy.<br \/>\n<\/span><\/i><\/p>\n<p><b><i>Conclusions<\/i><\/b><i><span style=\"font-weight: 400;\">. Globalisation contributes to the intensification of international cooperation in the exchange of intellectual capital, leading to the emergence of new forms of partnership between countries, a wider dissemination of progressive ideas, and a more rational use of resources.<br \/>\n<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\"><b>Keywords<\/b>: intellectual capital; globalisation; competition; competitiveness; digitalisation; youth; migration; war; economic development.<\/span><\/i><\/p>\n<p style=\"text-align: center;\"><strong><b>References<\/b>:<\/strong><\/p>\n<ol>\n<li><span style=\"font-weight: 400;\">\u00a0Pughachevsjka, K. S., &amp; Vorobej, Ju. M. (2019). Intellectualization of capital as a factor in strengthening the competitive positions of international companies. <\/span><i><span style=\"font-weight: 400;\">Biznes Inform<\/span><\/i><span style=\"font-weight: 400;\">. 2019, 12, 21-36. https:\/\/doi.org\/10.32983\/2222-4459-2019-12-21-36.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">\u00a0Baeva, O.I. (2023). Causes and Consequences of Intellectual Migration of Human Capital. <\/span><i><span style=\"font-weight: 400;\">conomy and Society<\/span><\/i><span style=\"font-weight: 400;\">. 52. <\/span><span style=\"font-weight: 400;\">https:\/\/doi.org\/10.32782\/10.32782\/2524-0072\/2023-52-13<\/span><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">\u00a0Fomina, Ye. V. (2020). <\/span><i><span style=\"font-weight: 400;\">Intellectualization of global economic development<\/span><\/i><span style=\"font-weight: 400;\"> [Candidate of Economic Sciences dissertation, V. N. Karazin Kharkiv National University]. https:\/\/surl.li\/fmeosv.\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">\u00a0Kornieieva, T., Lu\u00eds, A. L., Teixeira, N., &amp; Rodrigues R. (2024). Assessment of intellectual capital of the European Union. <\/span><i><span style=\"font-weight: 400;\">Economics Ecology Socium<\/span><\/i><span style=\"font-weight: 400;\">, 8(2), 45-61. https:\/\/doi.org\/10.61954\/2616-7107\/2024.8.2-4.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">\u00a0Deineka, T. \u0410., Shkurupii, O. V., Dyvnych, \u041e. D., &amp; Zahrebelna, I. L. (2024). Intellectual Potential of Technological Leadership and Competitiveness of Countries. <\/span><i><span style=\"font-weight: 400;\">Business Inform<\/span><\/i><span style=\"font-weight: 400;\">, 8, 182-188. https:\/\/doi.org\/10.32983\/2222-4459-2024-8-182-188<\/span><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">\u00a0Ponedilchuk, T.V. (2014). Intellectual capital: the nature and methods of assessment. <\/span><i><span style=\"font-weight: 400;\">Efektyvna ekonomika<\/span><\/i><span style=\"font-weight: 400;\">, 6. http:\/\/www.economy.nayka.com.ua\/?op=1&amp;z=3288.\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">\u00a0Markova, N. (2005). Theoretical and methodological foundations of formation and development of intellectual capital [Candidate of Economic Sciences dissertation, S. Kuznets Kharkiv National University of Economics].<\/span><\/li>\n<li><span style=\"font-weight: 400;\">\u00a0Kovtunenko, K.V., Shapoval, Y.V., &amp; Gutareva Y.V. (2012). Features of the formation of the intellectual capital of the enterprise. <\/span><i><span style=\"font-weight: 400;\">ECONOMICS: time realities<\/span><\/i><span style=\"font-weight: 400;\">, 3-4(4-5), 78-83. https:\/\/economics.net.ua\/files\/archive\/2012\/No3-4\/78-83.pdf.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">\u00a0Bazhan, I. (2012). The economic essence and functions of intellectual capital. <\/span><i><span style=\"font-weight: 400;\">Ukrajina: aspekty praci<\/span><\/i><span style=\"font-weight: 400;\">, 2, 30-35. http:\/\/jnas.nbuv.gov.ua\/article\/UJRN-0000286471.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">\u00a0Eurostat (2024, October, 28). <\/span><i><span style=\"font-weight: 400;\">Migrant integration statistics \u2013 socioeconomic situation of young people.<\/span><\/i><span style=\"font-weight: 400;\"> https:\/\/surl.li\/cjfspm.<\/span><\/li>\n<li><i><span style=\"font-weight: 400;\">\u00a0<\/span><\/i><span style=\"font-weight: 400;\">The European Data News Hub. (2025, January, 30). <\/span><i><span style=\"font-weight: 400;\">Young and restless: Where do young people want to live and work in the EU?<\/span><\/i><span style=\"font-weight: 400;\"> https:\/\/europeannewsroom.com\/young-and-restless-where-do-young-people-want-to-live-and-work-in-the-eu\/<\/span><span style=\"font-weight: 400;\">.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">\u00a0Oliinyk, O. (2023). International intellectual emigration and innovative development of the country: modeling of relationships. <\/span><i><span style=\"font-weight: 400;\">Demography and Social Economy, 53(3), 3-17. <\/span><\/i><span style=\"font-weight: 400;\">https:\/\/doi.org\/10.15407\/dse2023.03.003<\/span><span style=\"font-weight: 400;\">.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">\u00a0Jamey Keaten. (2022, March, 18). United Nations says 6.5 million people have been displaced inside Ukraine. <\/span><i><span style=\"font-weight: 400;\">NewsHour Productions LLC<\/span><\/i><span style=\"font-weight: 400;\">. https:\/\/surli.cc\/kkqafy.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">\u00a0Vasyltsiv, T., Lupak, R., Mulska, O., Levytska, O. &amp; Baranyak, I.\u00a0 (2024). Youth migration during war: Triggers of positive aspirations and preservation of human resources in Ukraine. <\/span><i><span style=\"font-weight: 400;\">Problems and Perspectives in Management<\/span><\/i><span style=\"font-weight: 400;\">, 22(2), 627-641. http:\/\/dx.doi.org\/10.21511\/ppm.22(2).2024.49.<\/span><\/li>\n<\/ol>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<strong>Received:<\/strong> 25 April <span style=\"font-weight: 400;\">2025<\/span><\/p>\n<div class=\"sdm_download_item \"><div class=\"sdm_download_item_top\"><div class=\"sdm_download_thumbnail\"><img decoding=\"async\" class=\"sdm_download_thumbnail_image\" src=\"https:\/\/modecon.mnau.edu.ua\/wp-content\/uploads\/2017\/08\/pdf.jpg\" alt = \"tsalan.pdf\" \/><\/div><div class=\"sdm_download_title\">tsalan.pdf<\/div><\/div><div style=\"clear:both;\"><\/div><div class=\"sdm_download_description\"><\/div><div class=\"sdm_download_size\"><span class=\"sdm_download_size_label\">Size: <\/span><span class=\"sdm_download_size_value\">1,10<\/span><\/div><div class=\"sdm_download_link\"><span class=\"sdm_download_button\"><a href=\"https:\/\/modecon.mnau.edu.ua\/en\/?sdm_process_download=1&download_id=20228\" class=\"sdm_download blue\" title=\"tsalan.pdf\" target=\"_blank\">Download Now!<\/a><\/span><span class=\"sdm_download_item_count\"><span class=\"sdm_item_count_number\">354<\/span><span class=\"sdm_item_count_string\"> Downloads<\/span><\/span><\/div><\/div><div class=\"sdm_clear_float\"><\/div>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<table style=\"height: auto;\" width=\"100%\">\n<tbody>\n<tr>\n<td style=\"background-color: #1abc9c; text-transform: uppercase;\">\n<p style=\"text-align: center; color: white; font-size: 14px; font-weight: 900; text-transform: uppercase; margin: 0; padding: 13.5px;\">How to quote this article?<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td><span data-sheets-root=\"1\">Tsalan M. (2025). The Role of Intellectual Capital of Countries in the Globalized Economic Space. Modern Economics, 50(2025), 215-220. DOI: https:\/\/doi.org\/10.31521\/modecon.V50(2025)-28.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;.vc_custom_1657628632157{margin-top: 10px !important;}&#8221;]<a href=\"https:\/\/modecon.mnau.edu.ua\/issue-47-2024\/\">&lt;&lt; \u041f\u043e\u0432\u0435\u0440\u043d\u0443\u0442\u0438\u0441\u044f \u0434\u043e \u0437\u043c\u0456\u0441\u0442\u0443<\/a>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] JEL Classification: F20; F22; F29. DOI: https:\/\/doi.org\/10.31521\/modecon.V50(2025)-28 [\/vc_column_text][vc_column_text]Tsalan M.I., PhD in Economics, Associate Professor, Associate Professor of the Department of International Economic Relations, State Higher Educational Institution \u00abUzhhorod National University\u00bb, Uzhhorod, Ukraine ORCID ID: 0000-0003-1878-1346 e-mail: myroslava.tsalan@uzhnu.edu.ua &nbsp; The Role of Intellectual Capital of Countries in the Globalized Economic Space Abstract. Introduction. In the<br \/><a href=\"https:\/\/modecon.mnau.edu.ua\/en\/the-role-of-intellectual-capital\/\" class=\"more\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":13475,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[232],"tags":[233],"class_list":["post-20324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-50-2025","tag-50-2025"],"_links":{"self":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts\/20324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/comments?post=20324"}],"version-history":[{"count":0,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts\/20324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/media\/13475"}],"wp:attachment":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/media?parent=20324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/categories?post=20324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/tags?post=20324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}