INTELLECTUAL CAPITAL MANAGEMENT – A NEW MODEL

In order to gain competitive advantage organizations need more efficient use of intellectual capital. Therefore, management of intellectual capital has become one of the functions of growth in companies today. Focus on managing intelectul capital is due to the role intelectula competencies and knowl...

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Main Authors: Luminita-Maria GOGAN, Dan Cristian DURAN
Format: Article
Language:English
Published: Romanian Foundation for Business Intelligence 2014-12-01
Series:SEA: Practical Application of Science
Subjects:
Online Access: http://seaopenresearch.eu/Journals/articles/SPAS_6_9.pdf
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author Luminita-Maria GOGAN
Dan Cristian DURAN
author_facet Luminita-Maria GOGAN
Dan Cristian DURAN
author_sort Luminita-Maria GOGAN
collection DOAJ
description In order to gain competitive advantage organizations need more efficient use of intellectual capital. Therefore, management of intellectual capital has become one of the functions of growth in companies today. Focus on managing intelectul capital is due to the role intelectula competencies and knowledge in contemporary business which is significant. The most common terms for intellectual capital management functions at the organizational level are competence management and competence development. Managers conduct activities to manage intellectual capital in the need for knowledge on personnel competencies and their development in operative functions. The literature presents a series of intellectual capital management models, most belonging to the researchers in the Nordic countries. The aim of this paper is to developea new model of managing intellectual capital that improve the existing models. Thus, by using the proposed model is expected that the relationship between intellectual capital management and strategy of a company should intensify on medium term.
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spelling doaj.art-5a95046af63f4720b1aba45b3e6a3a072022-12-22T03:31:44ZengRomanian Foundation for Business IntelligenceSEA: Practical Application of Science2360-25542014-12-01II6 (4/2014)5764seapas:y:2014:i:6:p:57-64INTELLECTUAL CAPITAL MANAGEMENT – A NEW MODELLuminita-Maria GOGAN0Dan Cristian DURAN1 Politehnica University Timisoara, Romania Politehnica University Timisoara, Romania In order to gain competitive advantage organizations need more efficient use of intellectual capital. Therefore, management of intellectual capital has become one of the functions of growth in companies today. Focus on managing intelectul capital is due to the role intelectula competencies and knowledge in contemporary business which is significant. The most common terms for intellectual capital management functions at the organizational level are competence management and competence development. Managers conduct activities to manage intellectual capital in the need for knowledge on personnel competencies and their development in operative functions. The literature presents a series of intellectual capital management models, most belonging to the researchers in the Nordic countries. The aim of this paper is to developea new model of managing intellectual capital that improve the existing models. Thus, by using the proposed model is expected that the relationship between intellectual capital management and strategy of a company should intensify on medium term. http://seaopenresearch.eu/Journals/articles/SPAS_6_9.pdf Intellectual Capital ManagementIntangible assetsManagingStepsModel
spellingShingle Luminita-Maria GOGAN
Dan Cristian DURAN
INTELLECTUAL CAPITAL MANAGEMENT – A NEW MODEL
SEA: Practical Application of Science
Intellectual Capital Management
Intangible assets
Managing
Steps
Model
title INTELLECTUAL CAPITAL MANAGEMENT – A NEW MODEL
title_full INTELLECTUAL CAPITAL MANAGEMENT – A NEW MODEL
title_fullStr INTELLECTUAL CAPITAL MANAGEMENT – A NEW MODEL
title_full_unstemmed INTELLECTUAL CAPITAL MANAGEMENT – A NEW MODEL
title_short INTELLECTUAL CAPITAL MANAGEMENT – A NEW MODEL
title_sort intellectual capital management a new model
topic Intellectual Capital Management
Intangible assets
Managing
Steps
Model
url http://seaopenresearch.eu/Journals/articles/SPAS_6_9.pdf
work_keys_str_mv AT luminitamariagogan intellectualcapitalmanagementanewmodel
AT dancristianduran intellectualcapitalmanagementanewmodel