EVALUATING HUMAN CAPITAL IN A KNOWLEDGE – BASED APPROACH

Emanoil Muscalu, Alexandra Stanit and Liliana Mihaela Constantinescu
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Emanoil Muscalu: “Lucian Blaga” University of Sibiu
Alexandra Stanit: “Lucian Blaga” University of Sibiu
Liliana Mihaela Constantinescu: “Lucian Blaga” University of Sibiu

SEA - Practical Application of Science, 2014, issue 3, 383-387

Abstract: The widespread enthusiasm for a knowledge-based approach to understanding the nature of a business and the possible basis for sustained competitive advantage have renewed interest in human capital evaluation or measurement. While many attempts have been made to develop methods for measuring intellectual capital, none have been widely adopted in the business world. In the knowledge-based organizations, and generally, in the information society, human capital is recognized as the fundamental factor of overall progress, and experts agree that long-term investment in human capital has strong drive-propagation effects at the individual, organizational, national and global level. In this paper, we consider that a knowledge-based approach can offer new possibilities and answers to illustrate the importance of evaluation the human capital and knowledge assets by consistently generating added value in the business world.

Keywords: Human Capital; Intellectual Capital; Knowledge Assets (search for similar items in EconPapers)
JEL-codes: D83 J24 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2014:i:3:p:383-387

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