LIFELONG EDUCATION, INTELLECTUAL CAPITAL AND SOURCE OF CROATIA’S COMPETITIVENESS

In today’s information society knowledge has become the chief instigator of entrepreneurship and the main resource of success. Thus the key challenges include defining, managing, measuring, improving and evaluating knowledge, i.e. intellectual capital. It represents a dynamic human process, which ne...

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Main Authors: Dijana Vukovic, Drago Cepanec, Mirna Varlandy-Supek
Format: Article
Language:English
Published: Business School PAR 2016-06-01
Series:Journal of Business Paradigms
Subjects:
Online Access:http://journal.par.hr/archives/send/3-vol1no1/3-lifelong-education-intellectual-capital-and-source-of-croatia-s-competitiveness
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author Dijana Vukovic
Drago Cepanec
Mirna Varlandy-Supek
author_facet Dijana Vukovic
Drago Cepanec
Mirna Varlandy-Supek
author_sort Dijana Vukovic
collection DOAJ
description In today’s information society knowledge has become the chief instigator of entrepreneurship and the main resource of success. Thus the key challenges include defining, managing, measuring, improving and evaluating knowledge, i.e. intellectual capital. It represents a dynamic human process, which needs to be continuously improved by acquiring new technologies as well as gaining new experience and knowledge. Lifelong education and training of employees is the most efficient method of achieving competitive advantage and surviving in the market. Formal education is not sufficient nowadays; it represents the basis to which educational activities are added throughout one’s life and career. Investment in lifelong education is the most important investment in development and future as increasing uncertainty and failure to adapt to change will stop further development and lead to stagnation and decline. The paper discusses the aspects of intellectual capital that are crucial to the development of the economy and entrepreneurship as well as a knowledge-based society. It focuses on the activities undertaken in the business sector and by governmental institutions in Croatia.
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spelling doaj.art-903aadbf4cb1469d9d5ca004b7d9ae142022-12-21T23:12:52ZengBusiness School PARJournal of Business Paradigms2459-50042584-66122016-06-01113857LIFELONG EDUCATION, INTELLECTUAL CAPITAL AND SOURCE OF CROATIA’S COMPETITIVENESSDijana Vukovic0Drago Cepanec1Mirna Varlandy-Supek2Vern University of Applied SciencesVern University of Applied SciencesVern University of Applied SciencesIn today’s information society knowledge has become the chief instigator of entrepreneurship and the main resource of success. Thus the key challenges include defining, managing, measuring, improving and evaluating knowledge, i.e. intellectual capital. It represents a dynamic human process, which needs to be continuously improved by acquiring new technologies as well as gaining new experience and knowledge. Lifelong education and training of employees is the most efficient method of achieving competitive advantage and surviving in the market. Formal education is not sufficient nowadays; it represents the basis to which educational activities are added throughout one’s life and career. Investment in lifelong education is the most important investment in development and future as increasing uncertainty and failure to adapt to change will stop further development and lead to stagnation and decline. The paper discusses the aspects of intellectual capital that are crucial to the development of the economy and entrepreneurship as well as a knowledge-based society. It focuses on the activities undertaken in the business sector and by governmental institutions in Croatia.http://journal.par.hr/archives/send/3-vol1no1/3-lifelong-education-intellectual-capital-and-source-of-croatia-s-competitivenessintellectual capitallifelong educationintangible assetssource of entrepreneurship and competitivenessintellectual capital measurement
spellingShingle Dijana Vukovic
Drago Cepanec
Mirna Varlandy-Supek
LIFELONG EDUCATION, INTELLECTUAL CAPITAL AND SOURCE OF CROATIA’S COMPETITIVENESS
Journal of Business Paradigms
intellectual capital
lifelong education
intangible assets
source of entrepreneurship and competitiveness
intellectual capital measurement
title LIFELONG EDUCATION, INTELLECTUAL CAPITAL AND SOURCE OF CROATIA’S COMPETITIVENESS
title_full LIFELONG EDUCATION, INTELLECTUAL CAPITAL AND SOURCE OF CROATIA’S COMPETITIVENESS
title_fullStr LIFELONG EDUCATION, INTELLECTUAL CAPITAL AND SOURCE OF CROATIA’S COMPETITIVENESS
title_full_unstemmed LIFELONG EDUCATION, INTELLECTUAL CAPITAL AND SOURCE OF CROATIA’S COMPETITIVENESS
title_short LIFELONG EDUCATION, INTELLECTUAL CAPITAL AND SOURCE OF CROATIA’S COMPETITIVENESS
title_sort lifelong education intellectual capital and source of croatia s competitiveness
topic intellectual capital
lifelong education
intangible assets
source of entrepreneurship and competitiveness
intellectual capital measurement
url http://journal.par.hr/archives/send/3-vol1no1/3-lifelong-education-intellectual-capital-and-source-of-croatia-s-competitiveness
work_keys_str_mv AT dijanavukovic lifelongeducationintellectualcapitalandsourceofcroatiascompetitiveness
AT dragocepanec lifelongeducationintellectualcapitalandsourceofcroatiascompetitiveness
AT mirnavarlandysupek lifelongeducationintellectualcapitalandsourceofcroatiascompetitiveness