Assessment of Intellectual Potential of the European Population
Abstract
Introduction. The global practice of economic growth in European countries shows that their determining factor is the formation and development of the intellectual potential of society. Recent changes in the structure of the economy, particularly a growing share of intangible products and information technologies, have necessitated changes in scientific approaches to economic security issues in a country. Objective processes influenced by the growing role of the knowledge economy have changed the world's attitude to priorities in favour of the intellectualisation of labour based on innovation, the introduction of high-tech processes, and the integration of science, education, and entrepreneurship. There is a fundamental reassessment of the human factor, making intelligence and high professionalism of the workforce a priority commodity in the labour market.
Aim and tasks. This study aims to propose the main directions and a set of organisational and economic measures aimed at creating conditions for the efficient use and development of intellectual potential at all levels as the foundation of the economic security of EU countries.
Results. The study uses the methodology for developing the model to calculate ranking coefficients of the impact of elements of intellectual potential formation on economic growth in EU countries (GDP per capita). It has been established that the most significant influence on the formation of intellectual potential on GDP per capita of EU countries is exerted by the intelligence quotient (RCF C1y= 465,387), education level index (RCF C12y = 434,390), human resources with tertiary training and engaged in technology and science (RCF C5y = 389,842), population with tertiary education (RCF C6y = 297,585), share of R&D personnel and researchers in the total active population (RCF C3y = 290,678), and participation rate in education and training (RCF C8y = 285,960).
Conclusions. The study proved that the key to this should be the growing role of the state in motivating the employed population to intellectual self-development and maximising the use of intellectual potential in the labour sector. A comprehensive assessment has shown that the intellectual potential of the employed population is not fully utilised in the economies of European countries, which worsens the prospects for accelerating innovation development and economic growth. Further research should be carried out to increase the competence of the organisation as a result of attracting new technologies and methods of intellectual potential management in accordance with rapid changes in the environment.
Keywords:
intellectual potential, intelligence, labour market, economic growth, population.References
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