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Human Capital - Driving Forse of Intelectual Capital in Creating Future

Nihada Mujic ()
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Nihada Mujic: Faculty of Law, Osijek, Croatia

Interdisciplinary Management Research, 2009, vol. 5, 361-368

Abstract: In time characterized by complex and uncertain business environment and working conditions; where small, medium but even large (and up till yesterday) successful companies are failing on daily basis, it is important to have economy models which will ensure reestablishment of value system of industrial era, models which will give expected, positive, results. In general, this is not the case since there is no compatibility of models with requirements of information era. So, those negative results together with market positions taken by those who understand changes better, emphasises need for understanding and implementing change management in companies. When trying to overcome mentioned obstacles in coping with changes and demolished value system, key success variable was detected – human capital as the best source of creative energy. In this study, human capital, as in many studies before, is recognised as driving force of intellectual capital and as well as synergy effect of conatival, motivational, cognitional, social, moral and communicational dimension.

Keywords: economy of knowledge; intellectual capital; human capital; future (search for similar items in EconPapers)
JEL-codes: J24 O15 (search for similar items in EconPapers)
Date: 2009
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