Abstract:
The purpose of the article is to study the innovation levers of developing the intellectual
background for economic growth in two groups of post-socialist Central
and Eastern European countries (middle-income and lower-middle-income countries).
To achieve that, the quantitative effect of the national intellectual capital
components (human capital, market capital, structural capital and capital of renewal
and development) on the dynamics of the countries’ economic growth was
determined.
For both groups, multiple regressions have been constructed that reflect the quantitative
relationship between the economic growth rates (in the regressions – the
indicator of real gross domestic product per capita) and the components of national
intellectual capital in 2010–2018. It has been established that the key innovative
indicator of the economic growth of middle-income countries is the national capital
of renewal and development, which in general corresponds to the pan-European
model of innovation and investment development. Education is the main factor
that provides the basis for the economic growth of lower-middle-income countries.
Recommendations on improvement of national innovation policy are offered.
