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Proceedings of the 3rd European Conference on Intellectual Capital

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Ruxandra Bejinaru and Stefan Iordache<br />

a company’s absorptive capacity, which, in turn, leads to <str<strong>on</strong>g>the</str<strong>on</strong>g> assimilati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> new knowledge with prior<br />

knowledge. (Liyanage, 2002)<br />

An organizati<strong>on</strong> oriented towards learning is an organizati<strong>on</strong> able to create, attract, interpret and<br />

enhance knowledge dynamics by purposefully changing <str<strong>on</strong>g>the</str<strong>on</strong>g> behavior and structure in order to<br />

discover o<str<strong>on</strong>g>the</str<strong>on</strong>g>r new perspectives <str<strong>on</strong>g>of</str<strong>on</strong>g> development. We regard learning as endogenous to knowledge<br />

processes and argue that it forms an integral part <str<strong>on</strong>g>of</str<strong>on</strong>g> knowledge development, knowledge absorpti<strong>on</strong>,<br />

and interchanges. In <str<strong>on</strong>g>the</str<strong>on</strong>g> formati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> knowledge and intellectual capital, learning plays a critical role,<br />

especially in filling out <str<strong>on</strong>g>the</str<strong>on</strong>g> knowledge gaps <str<strong>on</strong>g>of</str<strong>on</strong>g> individuals, teams, and systems. (Liyanage, 2002) The<br />

c<strong>on</strong>ceptual c<strong>on</strong>necti<strong>on</strong>s between all <str<strong>on</strong>g>the</str<strong>on</strong>g>se c<strong>on</strong>cepts are plenty and logical and if you d<strong>on</strong>’t miss out<br />

<str<strong>on</strong>g>the</str<strong>on</strong>g> fact that <str<strong>on</strong>g>the</str<strong>on</strong>g>y are fruits <str<strong>on</strong>g>of</str<strong>on</strong>g> re-thinking reality you’ll find this as <str<strong>on</strong>g>the</str<strong>on</strong>g> most solid argument to believe<br />

<str<strong>on</strong>g>the</str<strong>on</strong>g>y work.<br />

We c<strong>on</strong>clude that <str<strong>on</strong>g>the</str<strong>on</strong>g> intellectual capital is a dynamic comp<strong>on</strong>ent that may c<strong>on</strong>tinuously be modelled<br />

with respect to its quantity, quality, value, usefulness or intensity <str<strong>on</strong>g>of</str<strong>on</strong>g> use and this is exactly what an<br />

au<str<strong>on</strong>g>the</str<strong>on</strong>g>ntic learning organizati<strong>on</strong> implies: endless dynamics.<br />

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