ABSTRACT
This chapter introduces the SNIC (Sustainable National Intellectual Capital) model consisting of five components, namely health, public structure, education, renewal and CNC (connectivity and contactivity). The first ten SNIC countries by descending order are: Denmark, Switzerland, Norway, the Netherlands, Singapore, Finland, Sweden, Luxembourg, Canada and UAE. We found that the higher the SNIC, the higher the GDP per capita (ppp), indicating the value of SNIC in explaining GDP growth. Generally speaking, advanced countries show a declining trend in SNIC. Out of the 23 countries studied, only Denmark, Norway, Switzerland, the Netherlands and UAE showed progress in SNIC over the 18 years (spanning 2001–2018). Other than SNIC, innovative capacity has a high correlation with GDP, education, renewal, CNC and cyber security. Three implications are presented: rich countries have great potential to develop SNIC, based on the development of Norway and UAE; small countries have an advantage in developing SNIC, based on the performances of Denmark, Switzerland, Norway, Singapore, Luxembourg and the Netherlands; and CNC alone cannot achieve expected economic performance, since better CNC does not explain better GDP.
