Capitalizing on Intellectual Capital Through an Intelligent Management Approach

Angela-Eliza Micu () and Ramona Valentina Necula ()
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Angela-Eliza Micu: Ovidius University of Constanța
Ramona Valentina Necula: Dunărea de Jos University of Galați

A chapter in Innovative Business Development—A Global Perspective, 2018, pp 187-199 from Springer

Abstract: Abstract Studies in the field reveal that intellectual capital is considered the hidden asset to organizations, giving them added value, even if this wealth is not reflected in the financial statements. Today’s companies invest in intellectual capital because studies and analyzes have called it “successful business engine.” Our main objective is to emphasize the relevance of investment in intellectual capital for the survival and performance of the organization, in order to determine the extent to which an organization depends on it, more than the physical asset held. The main conclusion has highlighted that a smart managerial approach takes into account the fact that, in order to exploit the potential of the organization, it is very important to attract the right combination of employees (who must have expertise in the specific field of activity) and their access to information networks, constantly adapting to the skills required by technical progress and forward-looking changes.

Keywords: Capital; Investment; Personnel management; Knowledge (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-030-01878-8_16

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DOI: 10.1007/978-3-030-01878-8_16

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