Impact of Innovative Capital on the Global Performance of the European Union

With the main objective of determining the essential factors that incorporate or enhance innovative capital, the present study, based, on the one hand, on the evaluation of the literature, allowed identifying ten potential factors and centered, on the other hand, on the analysis represented by the linear regression facilitated displaying the interdependencies between these factors and performance, thus determining the overall meaning and intensity of their contribution. In order to identify general and essential trends, to eliminate the cyclical influences of innovative capital, the present study was conducted on the basis of public and free access data contained by Eurostat, the transparency and accessibility of information being very important criteria in defining a simple and successful model, applicable for assessing the contribution of intellectual capital, in general, and its most dynamic component of innovative capital to increasing the performance of organizations.