Why do we have to take examples from others? Cover Image

Why do we have to take examples from others?
Why do we have to take examples from others?

Author(s): Lidia-Gabriela Herciu
Subject(s): Public Administration, Public Law
Published by: Societatea de Stiinte Juridice si Administrative
Keywords: intellectual capital; intellectual capital report; organisational intelligence; development of society;
Summary/Abstract: Intellectual capital is an up to date concept. The term intellectual capital (IC) has been used for the first time in 1836 by William Nassau Senior, economist, when he was pointing out that the IC of Great Britan has exceeded by far all the material capital, not only in importance, but also in productivity. The world has evolved since 1836 upuntil now. Industrial economy has been, step by step, replaced by the knowledge economy. This replacement process started in 1959. It was Peter F. Drucker who drew attention to knowledge economy. IC came from 3 diffrent spheres: economics, management and accounting and became attractive to academics. Therefore, reaserchers could use IC in order to create new toolsthat produced essential change. We refer particulary to The Intellectual Capital of the State of Israel Report that became an instrument to promote Israel. The purpose of this paper is to analyse the role and the importance of intellectual capital in developing communities, with a focus on Romania and how IC could help Romania to develop in the near or distant future. The reasearch emphasises the importance of the IC and of the organisational intelligence for the society’s development.

  • Page Range: 102-110
  • Page Count: 9
  • Publication Year: 2019
  • Language: English