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Evaluating Human Capital in a knowledge-based Approach
Evaluating Human Capital in a knowledge-based Approach

Author(s): Emanoil Muscalu, Alexandra Stănit
Subject(s): Economy
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Human Capital; Intellectual Capital; Knowledge Assets

Summary/Abstract: The widespread enthusiasm for a knowledge-based approach to understanding the nature of a business and the possible basis for sustained competitive advantage have renewed interest in human capital evaluation or measurement. While many attempts have been made to develop methods for measuring intellectual capital, none have been widely adopted in the business world. In the knowledge-based organizations, and generally, in the information society, human capital is recognized as the fundamental factor of overall progress, and experts agree that long-term investment in human capital has strong drive-propagation effects at the individual, organizational, national and global level. In this paper, we consider that a knowledge-based approach can offer new possibilities and answers to illustrate the importance of evaluation the human capital and knowledge assets by consistently generating added value in the business world.

  • Issue Year: II/2014
  • Issue No: 03
  • Page Range: 383-387
  • Page Count: 5
  • Language: English