The National Intangible Resources and Their Importance in the Current Knowledge-Based Economy

Camelia Oprean-Stan, Stan Sebastian () and Pele Antonio ()
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Stan Sebastian: "Nicolae Balcescu" Land Forces Academy Sibiu,Sibiu, Romania
Pele Antonio: Pontifical Catholic University,Rio de Janeiro, Brazil

Management of Sustainable Development, 2018, vol. 10, issue 2, 45-49

Abstract: In this article, models for assessing national intangible resources are analysed through a lecture in the literature, and the best-known evaluation methods are categorized into academic models and models of international organizations, with the most important differences being identified. The European Innovation Scoreboard (EIS) and the World Economic Forum annual reports on Global Competitiveness were considered to assess Romania's position in the international context in terms of intangible assets. Despite the importance of intangible resources at national level and the fact that they are an important factor in determining economic growth in the current knowledge-based economy, this article concludes that Romania's position in the international context regarding intangible assets is very weak, with many weak points in research and innovation performance compared to other EU Member States. Therefore, there is a need in our country to re-evaluate the areas where all efforts need to be focused to stimulate innovation performance, to properly manage national intangible resources, a crucial process for improving the quality of life.

Keywords: national intangible resources; knowledge-based economy (search for similar items in EconPapers)
Date: 2018
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Related works:
Working Paper: The National Intangible Resources and their Importance in the Current Knowledge-Based Economy (2025)
Journal Article: The National Intangible Resources and Their Importance in the Current Knowledge-Based Economy (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:msudev:v:10:y:2018:i:2:p:45-49:n:7

DOI: 10.2478/msd-2019-0007

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