In recent years, links between spatial proximity, and firms' formal and informal contacts have become a sufficient subject for research in the field of innovation, competitiveness and sustainable economic growth. We introduce a model for the quantitative evaluation of the relationship between...

Purpose – This paper presents the framework that is developed for analysis of intellectual capital transformation into companies' value, including an identification of the key factors of this process. Design/methodology/approach – The paper employs intellectual capital on the intersection of...