Proceedings of the 3rd European Conference on Intellectual Capital

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Nargiza Abdullaeva and Campbell Warden Sustainability <strong>of</strong> economic development suppose that its main drivers should be renewable factors, and <strong>the</strong> role <strong>of</strong> <strong>the</strong> government and society in achieving this is in maintaining <strong>the</strong> prevailing usage and development <strong>of</strong> IC as a main factor <strong>of</strong> ED For development <strong>of</strong> assessment <strong>the</strong> impact <strong>of</strong> IC to sustainable ED, it is necessary to work out <strong>the</strong> unified IC components conception, which will help to give <strong>the</strong> common ground for <strong>the</strong> fur<strong>the</strong>r research on calculations <strong>of</strong> National IC indicator. It would be challenging to use HDI in <strong>the</strong> calculations <strong>of</strong> IC-ED impact in order to observe not only economic, but also social consequences <strong>of</strong> IC development. References Andriessen D., Stam C. (2004). The Intellectual Capital and <strong>the</strong> <strong>European</strong> Union/ Measuring <strong>the</strong> Lisbon Agenda. Available at http://www.intellectualcapital.nl/artikelen/IC<strong>of</strong>EU_2004.pdf Barro J. and Lee J. (1993). International Comparisons <strong>of</strong> Educational Attainment – How do national policies affect long run growth? – <strong>Conference</strong>, Bank <strong>of</strong> Portugal – World Bank, January. Brooking A. (1996). Intellectual Capital: Core Asset for <strong>the</strong> Third Millennium Enterprise by Annie Brooking. International Thomson Business Press, New York. Bontis, N., Keow W., Richardson S. (2000). Intellectual Capital and Business Performance in Malaysian Industries. Journal <strong>of</strong> Intellectual Capital. Vol 1, #1, pp.85-100. EEC (1991). Employment in Europe. – EEC Publishing Services. Luxemburg. Elwood F. Holton III, B. Yamkovenko (2008). Strategic Intellectual Capital Development: A defining Paradigm for HRD? – Human Research Development Review, Vol.7, #3, September, pp. 270-291. Edvinsson, L., Malone M. S. (1997). Intellectual Capital: Realizing Your Company's True Value by Finding Its Hidden Roots. HarperCollins Publishers, Inc., New York. Firer S., Williams S.M.. Intellectual Capital and Traditional Measures <strong>of</strong> Corporate Performance. – Singapore Management University Research Papers. Available at: http://www.research.smu.edu.sg/faculty/cgic/Research/Research_Papers/CGICResearchPaper6.pdf Firer S., Stainbank L. (2003). Testing <strong>the</strong> Relationship between Intellectual Capital and a Company’s Performance: Evidence from South Africa. – Meditari Accountancy Research, Vol.11, pp.25-44. Available at: http://www.meditari.org.za/docs/2003/25_44.pdf Makarov P. (2010). – Intellectual Capital as an Indicator <strong>of</strong> a Sustainable Development Journal <strong>of</strong> Sustainable Development. Vol.3, #3, September. Malhorta, Y. (2000). Knowledge Assets in <strong>the</strong> Global Economy: Assessment <strong>of</strong> National Intellectual Capital. Journal <strong>of</strong> Global Information Management. Vol.8, #3, pp.5-15. Malhorta, Y. (2003). Measuring Knowledge Assets <strong>of</strong> <strong>the</strong> Nation: Knowledge Systems for Development. UNDESA, UN. Available at: http://km.brint.com/KnowledgeManagementMeasurementResearch.pdf Riahi-Belkaoui A. (2003). Intellectual Capital and Firm Performance <strong>of</strong> US multinational firms. Journal <strong>of</strong> Intellectual Capital. Vol4, #2, pp.215-226. Stewart T.A. (1997). Intellectual Capital, The New Wealth <strong>of</strong> <strong>the</strong> Nations. First edition, Nicholas Brealy Publishing, London. Shaffer D. F., Wright D. J. (2010). A New Paradigm for Economic Development. How Higher Education Institutes are Working to Revitalize Their Regional and State Economies. Rockefeller Institute, March. http://www.rockinst.org/pdf/education/2010-03-18-A_New_Paradigm.pdf Tome E. (2004). Intellectual Capital, Social Policy, Economic Development and The World Evolution. Journal <strong>of</strong> Intellectual Capital, 5 (4), pp.648-665 United Nations (2001). Human Development Report. – New York. World Bank (2001). World Development Report. – New York. 590
Diagnostic Analysis <strong>of</strong> Human Capital in <strong>the</strong> University - <strong>the</strong> Premise <strong>of</strong> Organizational Development Andreea Feraru and Nicoleta Ciucescu Vasile Alecsandri University <strong>of</strong> Bacau, Romania andreea_feraru26@yahoo.com ciucnico@yahoo.com Abstract: Human capital development, namely, <strong>the</strong> investment in education and health, primarily aims to train <strong>the</strong> available scientific and human resources and <strong>the</strong>n, to adapt human resources to structural changes <strong>of</strong> <strong>the</strong> current economy. The investment in human capital in order to ensure, maintain, develop and motivate human resources is <strong>the</strong> main premise that organizations (and universities) must capitalize. Empirical studies conducted within <strong>the</strong> organizations have revealed a direct relationship between human capital and organizational productivity: high-educated employees have a better health and are <strong>the</strong> unique and direct source <strong>of</strong> innovation, creativity, and hence competitiveness. The purpose <strong>of</strong> this article is to conduct a diagnostic analysis <strong>of</strong> human capital development and competitiveness in <strong>the</strong> universities and faculties. Thus, <strong>the</strong> present research focuses on a quantitative and qualitative empirical approach to <strong>the</strong> issue under consideration. The present paper analyzed <strong>the</strong> human capital in universities taking in consideration <strong>the</strong> links between education, lifelong learning and employment and <strong>the</strong> training <strong>of</strong> scientific and human resources. Keywords: human capital, institutional development, intellectual investments, universities, turbulent environment 1. Introduction The issue <strong>of</strong> transition from school to work is a burden issue in <strong>the</strong> current economic restructuring process in Romania, where a big number <strong>of</strong> young people is facing <strong>the</strong> unemployment. Therefore, <strong>the</strong> transition from school to <strong>the</strong> labour market is governed by a new vision, called „education centered on <strong>the</strong> labor market needs”. Graduates <strong>of</strong> higher education are those young people who have <strong>the</strong> highest creative potential and who are expected to contribute <strong>the</strong> most to <strong>the</strong> development <strong>of</strong> <strong>the</strong> knowledge economy. The development <strong>of</strong> <strong>the</strong> knowledge economy where <strong>the</strong> investment in human capital is a priority and human resources become an important asset will create prerequisites for <strong>the</strong> employment policy to build a close relationship between education and training. Globalization and knowledge economy expansion creates a competitive environment defined by <strong>the</strong> criteria <strong>of</strong> efficiency, competitiveness and economic performance where <strong>the</strong> human capital develops. Human capital consists <strong>of</strong> <strong>the</strong> characteristic abilities <strong>of</strong> individuals that remain <strong>the</strong> same in any social environment and can be exploited on <strong>the</strong> labour market in exchange for any kind <strong>of</strong> economic resources. Within <strong>the</strong> higher education system <strong>the</strong> human capital refers to all <strong>the</strong> academics (in terms <strong>of</strong> knowledge, experience, skills and <strong>the</strong>ir individual talent) and <strong>the</strong> number <strong>of</strong> students involved in <strong>the</strong> educational process. Students’ education is done through <strong>the</strong> transmission and <strong>the</strong> development <strong>of</strong> basic and specialized <strong>the</strong>oretical knowledge. Human capital concept reflects <strong>the</strong> investment in education and <strong>the</strong> development <strong>of</strong> competencies and skills necessary to perform certain economic activities. Basically, human capital consists <strong>of</strong> educational capital (skills acquired by individuals while <strong>the</strong>y are enrolled in a school but also <strong>the</strong> skills acquired outside <strong>the</strong> school) and biological capital (physical abilities <strong>of</strong> individuals, most <strong>of</strong>ten syn<strong>the</strong>sized as <strong>the</strong> health status). Universities distinguish from o<strong>the</strong>r education and training institutions because <strong>the</strong>y increase knowledge and generate graduates and researchers with creative and innovative potential. The research on <strong>the</strong> relationship between <strong>the</strong> education and <strong>the</strong> development <strong>of</strong> human capital is included in social and organizational research. Our paper has <strong>the</strong> following structure: Defining scope, objectives, identification <strong>of</strong> expected results; Defining <strong>the</strong> main concepts <strong>of</strong> human capital, investment in education, training, labor market insertion 591
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Proceedings <stron
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Contents Paper Title Author(s) Page
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Paper Title Author(s) Page No. Hier
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Preface These proceedings represent
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educating through ‘hands on’ co
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Ibrahim Elbeltagi is a Senior lectu
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Theodora Ngosi has a PhD in Compute
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José Vale is an invited assistant
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Social Knowledge: Are you Ready? 1
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John Girard don’t know.” (Benne
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John Girard The real question becom
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John Girard our belief that many le
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John Girard organizations to gain k
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Intellectual Capital Accounting - H
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Academic Research Papers 15
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Khodayar Abili and Mahyar Abili The
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Khodayar Abili and Mahyar Abili Nah
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Khodayar Abili and Mahyar Abili Tim
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Knowledge Transfer in Romanian Univ
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Simona Agoston et al. Table 1: Know
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Simona Agoston et al. homoscedastic
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Simona Agoston et al. included in <
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A Modeling Approach to Intellectual
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Eckhard Ammann (referring to <stron
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Eckhard Ammann Figure 2: The IC spa
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Eckhard Ammann section 2. They are
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Eckhard Ammann From an overall pers
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Sorin Anagnoste and Gabriela Dumitr
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Gabriela Atanasiu and Florin Leon T
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Gabriela Atanasiu and Florin Leon
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Gabriela Atanasiu and Florin Leon B
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Gabriela Atanasiu and Florin Leon a
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Developing and Implementing Strateg
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2. Technology, faculty, and staff B
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Learning programs Individual poten
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Bob Barrett facts with the<
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Intellectual Capital Dynamics withi
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Ruxandra Bejinaru and Stefan Iordac
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Education and Training Practice Str
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Andrea Bencsik et al. We wanted to
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Andrea Bencsik et al. In this sampl
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Table 4: Types of
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References Andrea Bencsik et al. An
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Ayşen Berberoğlu and Emine Ünar
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Ayşen Berberoğlu and Emine Ünar
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Table 7: Descriptive statistics Ay
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Knowledge Dynamics Modeling Using A
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Constantin Bratianu et al. will hav
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Constantin Bratianu et al. 5. a) Gi
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Constantin Bratianu et al. 5. Data
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Constantin Bratianu et al. Nissen,
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2. Technology and infrastructure Sh
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Sheryl Buckley and Apostolos Gianna
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Donley Carrington and Mike Tayles t
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Donley Carrington and Mike Tayles f
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Donley Carrington and Mike Tayles l
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Donley Carrington and Mike Tayles i
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Donley Carrington and Mike Tayles G
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John Dumay and Jim Rooney on a more
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John Dumay and Jim Rooney Taking <s
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John Dumay and Jim Rooney “For ex
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John Dumay and Jim Rooney Mouritsen
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Marziye Ehrami et al. 1. Creation
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Marziye Ehrami et al. Note: In 2005
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Earnings Quality and Othe</
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Magdi El-Bannany resource-based per
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Magdi El-Bannany Based on this argu
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Magdi El-Bannany Table 2: Descripti
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Magdi El-Bannany variable equal to
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Magdi El-Bannany Edvinsson, L. & Ma
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Ahmed Elsetouhi and Ibrahim Elbelta
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Albrecht Fritzsche and Rebecca Geig
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Table 4: Applicability of</
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S&P 500 Market Cap ($ billions) 14,
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Tatiana Garanina and Yana Pavlova T
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Tatiana Garanina and Yana Pavlova I
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Impact of Investme
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Lidia García-Zambrano et al. 2003;
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Lidia García-Zambrano et al. 4.2 P
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Table 7: Goodness of</stron
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Lidia García-Zambrano et al. reaso
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Lidia García-Zambrano et al. Rodri
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Víctor Raúl López Ruiz et al. co
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Víctor Raúl López Ruiz et al. NI
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EI c k i 1 w PC i ic Víctor Raúl
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Víctor Raúl López Ruiz et al. Ta
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Víctor Raúl López Ruiz et al. Co
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Víctor Raúl López Ruiz et al. At
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Maria de Lourdes Machado and Odíli
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Intellectual Capital and Corporate
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Agnes Maciocha when objects in a da
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Agnes Maciocha 4. Presentation <str
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Agnes Maciocha while in the
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Agnes Maciocha Choong K., “Intell
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The Influence of H
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Anca Mândruleanu From the<
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Anca Mândruleanu In Table 2, <stro
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Eliciting Tacit Knowledge From a Do
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Peter Marshall and Damian Gordon MM
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Peter Marshall and Damian Gordon re
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Peter Marshall and Damian Gordon ar
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Peter Marshall and Damian Gordon Th
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Maurizio Massaro et al. crucial fac
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Maurizio Massaro et al. exclusive (
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Maurizio Massaro et al. autonomy <s
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Maurizio Massaro et al. Chennal (20
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Intellectual Capital Management: Ca
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Florinda Matos et al. These models
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Complaints System dos clients New
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Florinda Matos et al. Finally, <str
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Florinda Matos et al. The training
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Florinda Matos et al. 47. Opinion
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Florinda Matos et al. In th
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Florinda Matos et al. The Quadrant
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Florinda Matos et al. Integrated te
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Florinda Matos et al. The networks
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Knowledge Management for Knowledge
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3. Our research Ludmila Mládková
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Ludmila Mládková organizational s
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Ludmila Mládková mentioned only b
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Applying the VAIC
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Maria Molodchik and Anna Bykova pro
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Maria Molodchik and Anna Bykova 2.
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Maria Molodchik and Anna Bykova Let
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Maria Molodchik and Anna Bykova The
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Perspectives on the</strong
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Maria Cristina Morariu as we consid
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Maria Cristina Morariu Tobin’s q
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Maria Cristina Morariu for determin
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The Structural Model of</st
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Fattah Nazem Ackerley (2006) reveal
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Fattah Nazem The research instrumen
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Fattah Nazem intellectual capital m
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Fattah Nazem Johnson, M.J. (1986) T
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Andrei Stefan Nestian organization.
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Andrei Stefan Nestian Chaordic syst
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Andrei Stefan Nestian environment,
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Increasing Knowledge Management Mat
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Theodora Ngosi et al. 2.2 Dominatin
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Theodora Ngosi et al. Figure 1: Del
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Theodora Ngosi et al. IT systems, a
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5. Discussion and summary Theodora
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Theodora Ngosi et al. Weill, P., an
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Bongani Ngwenya late adopters respo
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Bongani Ngwenya This paper extends
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Bongani Ngwenya argument, t
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Bongani Ngwenya DiMaggio, P. J., an
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The Quality of Kno
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5.2 5 4.8 4.6 4.4 4.2 4 3.8 Compete
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Corina Pelau et al. In order to imp
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Hierarchy and Tacit Knowledge in <s
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Ulrica Pettersson and James Nyce in
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Ulrica Pettersson and James Nyce mi
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Katja Pook and Campbell Warden time
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Katja Pook and Campbell Warden futu
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5. Commonalities of</strong
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Katja Pook and Campbell Warden <str
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Katja Pook and Campbell Warden Lazl
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Nicolae Al. Pop et al. satisfaction
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Nicolae Al. Pop et al. the<
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Nicolae Al. Pop et al. satisfaction
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Knowledge Cities: A Portuguese Case
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Katia Rodrigues and Eduardo Tomé
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3. The empirical study 3.1 Methodol
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Table 3: Smart cities - application
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4.3 Suggestions to future work Kati
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Anna Romiti and Daria Sarti 2. Orga
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Anna Romiti and Daria Sarti based o
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Anna Romiti and Daria Sarti Governa
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Anna Romiti and Daria Sarti Therefo
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Anna Romiti and Daria Sarti Valkoka
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Kent Rondeau and Terry Wagar planne
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2.1 Study measures Kent Rondeau and
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Kent Rondeau and Terry Wagar contri
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Kent Rondeau and Terry Wagar Our re
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Intellectual Capital and a Firm’s
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Figure 1: Hypothes
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Helena Santos-Rodrigues et al. Norm
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Helena Santos-Rodrigues et al. To s
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Helena Santos-Rodrigues et al. Our
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Factors Influencing the</st
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Thanaletchumi Sathasivam et al. 2.3
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Thanaletchumi Sathasivam et al. The
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Thanaletchumi Sathasivam et al. gro
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Thanaletchumi Sathasivam et al. The
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Thanaletchumi Sathasivam et al. 11.
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Enhancing IC Formation by Evoking H
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Klaus Bruno Schebesch to portray <s
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Klaus Bruno Schebesch 4. Leaning an
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Klaus Bruno Schebesch We argue in f
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Klaus Bruno Schebesch come
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In Search of key F
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Karen Smits et al. contribution, wi
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Karen Smits et al. Table 1: Correla
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Karen Smits et al. staff feel that
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Marta-Christina Suciu et al. This p
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Marta-Christina Suciu et al. <stron
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Marta-Christina Suciu et al. The qu
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Marta-Christina Suciu et al. This t
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Information and Communication Techn
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Jukka Surakka et al. The participan
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Jukka Surakka et al. people. Commun
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Personal Knowledge Management (PKM)
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Marzena Świgoń provide th
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Marzena Świgoń (number and type <
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Marzena Świgoń measure self-perce
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Eduardo Tomé what we consider to b
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Eduardo Tomé IC. The intervention
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Eduardo Tomé In the</stro
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Eduardo Tomé to stress that <stron
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Eleni Magdalini Vasileiadou et al.
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José María Viedma Marti products
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Sustainable competitive advantage T
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José María Viedma Marti knowledge
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José María Viedma Marti pr<strong
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José María Viedma Marti All <stro
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ICBS I CBS José María Viedma Mart
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José María Viedma Marti Sullivan,
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2. Balanced scorecard framework Ang
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Angelos Vouldis and Angelica Kokkin
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Unclear benefits of</strong
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Angelos Vouldis and Angelica Kokkin
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9. Discussion and conclusions Angel
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The Global Position of</str
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Piotr Wisniewski safeguarding IC vi
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Piotr Wisniewski Figure 2: Ten larg
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Piotr Wisniewski suspected
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Piotr Wisniewski 2) Slow growth in
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Piotr Wisniewski US 3.8 3.8 3.9 4.3
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498
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500
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2. Hypothesis deve
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3.2 Control variables Deborah Brans
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Deborah Branswijck and Patricia Eve
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Deborah Branswijck and Patricia Eve
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Korosh Gholami et al. Durkheim beli
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Korosh Gholami et al. The effect <s
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Measure the Unmeas
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Knowledge Capital 5. Efforts for de
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Exclusive use of L
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Emmanouil Gkinoglou from th
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Project Assets Need for synergies Q
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Table 5: Sustainability checklist E
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Emmanouil Gkinoglou The next challe
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Kai Mertins and Ronald Orth generat
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Kai Mertins and Ronald Orth Never<s
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Kai Mertins and Ronald Orth <strong
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Ad 2 Structure of
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Kai Mertins and Ronald Orth Hauff,
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Maria Simonova “Concept o
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