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A report of Mongolia’s renewal capital

Journal of Economic and Social Thought

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Title A report of Mongolia’s renewal capital
 
Creator CHU, Kuo-Ming;

Assistant professor,

Department of Business Administration, Cheng Shiu University

886-7-7310606

No.840, Chengcing Rd., Niaosong Dist., Kaohsiung City 833, Taiwan (R.O.C.)

 


SANDUI, Margad-Erdene;

Granduate,

IMBA, I-Shou University

No.1, Sec. 1, Syuecheng Rd., Dashu District, Kaohsiung City 84001,Taiwan, R.O.C.
 
Subject Renewal capital, National wealth; Intangible assets; Mongolia.
M10; M11; M14.
 
Description Abstract. In a dynamically changing world, a major part of a nation’s competitiveness comes from its capacity of renewing itself to fit the global environment. Those resources that constitute the foundation of such capacity is called renewal capital of a nation. Multiple indicators and measures of renewal capital of Mongolia were analyzed and reported here in this present paper. We found that: first, Mongolia needs more regular, large-scale data collection in regard to its national renewal capital, in order to know the directions of improvement and investment; second, while R&D spending and patent usage of businesses need to be stimulated more, scientific publication has potential to grow and contribute to renewal. These results shed lights on the policy making and business practices. Keywords. Renewal capital, National wealth, Intangible assets, Mongolia.JEL. M10, M11, M14.
 
Publisher Journal of Economic and Social Thought
Journal of Economic and Social Thought
 
Contributor —
 
Date 2017-09-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEST/article/view/1407
10.1453/jest.v4i3.1407
 
Source Journal of Economic and Social Thought; Vol 4, No 3 (2017): September; 301-305
Journal of Economic and Social Thought; Vol 4, No 3 (2017): September; 301-305
2149-0422
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEST/article/view/1407/1382
http://www.kspjournals.org/index.php/JEST/article/downloadSuppFile/1407/703
 
Rights Copyright (c) 2017 Journal of Economic and Social Thought
http://creativecommons.org/licenses/by-nc/4.0