The Role of the Intangible Capital in Romania’s Recent Historical – Economic Evolutions

Roxana Arabela Dumitrascu () and Vadim Dumitrascu ()
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Vadim Dumitrascu: "Dimitrie Cantemir" Christian University

Knowledge Horizons - Economics, 2013, vol. 5, issue 4, 81-84

Abstract: The intangible capital represents the knowledge incorporated in the processes of the creation of the economic value. The function of the intangible resources consists in sustaining the long-term growth by assuring some increasing efficiencies of the entire capital. The comparison of the growing rhythms of the intangible capital and of the tangible capital offers a conclusive image regarding the development profile for which a country opted. The dimension of the intangible capital’s impact on the economic development can be measured by comparison with the aid of the calculations and of the analyses of the developmental orientation indicator. The stimulation of the intangible capital’s accumulation constitutes one of the most important modalities of alimentation of the intensive economic growth.

Keywords: Intangible capital; tangible capital; developmental orientation; productivity (search for similar items in EconPapers)
JEL-codes: D24 E22 G32 (search for similar items in EconPapers)
Date: 2013
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