INTELLECTUAL CAPITAL'S SINERGY

Lidia Marinela Bacila, Emanoil Muscalu and Radu Adrian Ciora
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Lidia Marinela Bacila: Lucian Blaga University of Sibiu
Emanoil Muscalu: Lucian Blaga University of Sibiu
Radu Adrian Ciora: Lucian Blaga University of Sibiu

Revista Economica, 2017, vol. 69, issue 4, 8-17

Abstract: Intellectual capital is the currency of the new millennium. Its wise use is the key to success in the era of knowledge. That is why it can be seen as a hidden value of an organization, which was, until recently, unmeasurable. Starting from the current knowledge revolution in all fields, there is a need for a thorough study of this subject. By doing research in this field, it is desirable to try to identify the current features in the management of human resources, this being an argument in the necessity of the research that will follow and an aid to bring extra knowledge in this direction. In this paper, we review the existing work in the literature and come up with a list of things that are we consider that can be improved and a list of good practice examples. The proposed solution is the ambidextrous organization, in which progressive and radical developments can and must be both simultaneously achieved. Given the dynamics and different requirements of the two types of changes, pressure on the organizational culture is quite strong. Therefore, it can be said that a long-term economic development cannot be designed without a thorough investment in human capital and thus its importance is particularly emphasized.

Keywords: intellectual capital; capital synergy; university's environment (search for similar items in EconPapers)
JEL-codes: O34 (search for similar items in EconPapers)
Date: 2017
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