Strategies for developing knowledge economy in Romania

Hadad, Shahrazad

doi:10.1515/mmcks-2017-0025

Cited by 15 publications

(10 citation statements)

References 12 publications

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“…When researchers use the first generation metaphors for knowledge based on objects or stocks, the resulting idea for the intellectual capital is that of a stock. The stock idea is related also with the resource-based view of the company, where the focus is on the strategic dimension of deploying resources (Andriessen, 2004;Barney, 1991;Hadad, 2017;Mouritsen and Larsen, 2005;Ricceri, 2008;Spender, 2015;Wernerfelt, 1984). Since a stock is a static entity, it results that the intellectual capital is static.…”

Section: Myth #2: Intellectual Capital Is Staticmentioning

confidence: 99%

Intellectual capital research and practice: 7 myths and one golden rule

Brătianu

2018

Management &Amp; Marketing

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The intellectual capital research and practice entered in the last years into a visible decline due to some barriers in understanding its intangible nature and designing Newtonian metrics for its measurement and reporting. Inertial thinking is very powerful in promoting new approaches for the need of a new perspective in working with intellectual capital. Unfortunately, even some top journals in the domain of intellectual capital remained trapped into this Newtonian logic and standard statistical analysis, as a result of the mind-set of their editorial staff and reviewers. The purpose of this paper is to present a critical analysis of the intellectual capital research and practice today and to reveal some of the most important barriers in understanding the complexity and nature of the intellectual capital. These barriers manifest like myths in approaching the research into intellectual capital, myths that create a false reality and false research questions, which enter into collision with the real life of companies and their business. The paper identifies seven myths which created a Newtonian version of the non-Newtonian reality, and a golden rule for further research into the intellectual capital of organizations. The conclusion of the present critical analysis is that we need a new approach to understand the complexity of the intellectual capital and new metrics to measure it.

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Section: Myth #2: Intellectual Capital Is Staticmentioning

confidence: 99%

Intellectual capital research and practice: 7 myths and one golden rule

Brătianu

2018

Management &Amp; Marketing

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“…SMEs are regarded as a main source of innovation, growth and competitiveness (Hadad, 2017), being an important aspect of the economy locally and internationally (Kallier, 2017) and therefore the SMEs' capacity for innovation and flexibility makes them pivotal for Romania's progress in the European economy based on the Digital Single Market Strategy advanced by the European Union (Foerster-Pastor & Golowko, 2018). The Romanian economy is supported in proportion of 99.66% by SMEs which ensure two out of three jobs within the private sector and provide more than half of the total added value created by businesses in Romania (European Commission, 2016).…”

Section: Introductionmentioning

confidence: 99%

Determinants of Cloud Computing Adoption by Romanian Smes in the Digital Economy

Dincă

Dima

Rózsa

2019

Journal of Business Economics and Management

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The purpose of this paper is to explore the process of Cloud Computing adoption within Romanian Small and Medium sized Enterprises in the digital age. Most of the scientific papers related to this topic examine the general outlook of cloud computing implementation in Romania and focus on the use of the afore-mentioned technologies by large scale companies. In order to identify the factors that have an influence over the choice of Romanian SMEs to adopt cloud computing technology, a conceptual model has been set forth. The model's dependent variable is the choice of the company's management to implement cloud computing technologies. Five different independent types of variable structures which have an effect on the adoption of cloud computing within SMEs were identified. The five categories of variables are competition & government, ICT providers & firm departments, employee, manager and technological factors. Each of these categories of determinants encompasses at their turn two or more constructs. An online survey tested the model based on the responses of managers and directors from 198 Romanian SMEs from the cities of Bucharest and Cluj. The validity of the model was performed by completing factor analysis and reliability tests of the data; a logistic regression analysis was deployed to test the research hypotheses. The results emphasized that the managers' know-how on cloud computing and the perceived costs of implementing the technology represent the main components influencing the spreading of cloud computing among Romanian SMEs. This study makes a valuable contribution to the academic environment but to businesses as well. The model can be used to examine the implementation of different innovative applications. Companies which offer cloud computing services could take advantage of the outcomes of this study to expand the degree of cloud service introduction among SMEs.

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“…In the knowledge economy (Hadad, 2017;Powell & Snellman, 2004;Sveiby, 1997), the role of universities becomes critical, since they have to develop significantly their dynamic capability (Teece, 2009) of becoming learning organizations and creating generic knowledge (Senge, 1999). For a company to transform into a learning organization it is necessary that organizational learning (Argote, 1999) and intergenerational learning (Lefter et al, 2011) to embrace the whole organization by moving fast along the ontological axis of knowledge dynamics process explained by Nonaka and Takeuchi (1995).…”

Section: Literature Reviewmentioning

confidence: 99%

A critical analysis of intellectual capital research in universities

Brătianu

2018

Proceedings of the International Conference on Business Excellence

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Researching on the intellectual capital in universities is a challenging task due to the complexity of the intellectual processes within any university and the fuzziness of the basic concepts and methodologies developed so far. Universities are among the oldest social institutions and they concentrate high densities of intellectual capital. The concept of intellectual capital has been created as a result of increasing significantly the role of intangibles in economy and of the dramatic split between the book value and market value of the new companies based on intensive knowledge processes. Intellectual capital represents that component of the total capital of any organization which incorporates all intangible resources and their transformations. Intellectual capital is highly nonlinear by comparison with the capital containing tangible resources, which has a linear structure and Newtonian dynamics. The canonical structure of the intellectual capital is composed of human capital, structural capital, and relationship capital. This structural model has been used extensively in evaluating and reporting the intellectual capital of organizations, including universities. However, the Newtonian paradigm constitutes an important limitation in understanding properly both the nature of intellectual capital and how to manage it efficiently. Our research question is focused on how we can change that paradigm with a better one able to represents more adequately the nature and the basic structure of the intellectual capital. The methodology we used is based on in depth literature analysis, metaphorical thinking, critical thinking, and the multifield theory of knowledge. As a result of our research, this paper presents a new approach of the intellectual capital and its application to the universities.

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Strategies for developing knowledge economy in Romania

Cited by 15 publications

References 12 publications

Intellectual capital research and practice: 7 myths and one golden rule

Intellectual capital research and practice: 7 myths and one golden rule

Determinants of Cloud Computing Adoption by Romanian Smes in the Digital Economy

A critical analysis of intellectual capital research in universities

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