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Capitalizing on Intellectual Capital Through an Intelligent Management Approach

In: Innovative Business Development—A Global Perspective

Author

Listed:
  • Angela-Eliza Micu

    (Ovidius University of Constanța)

  • Ramona Valentina Necula

    (Dunărea de Jos University of Galați)

Abstract

Studies in the field reveal that intellectual capital is considered the hidden asset to organizations, giving them added value, even if this wealth is not reflected in the financial statements. Today’s companies invest in intellectual capital because studies and analyzes have called it “successful business engine.” Our main objective is to emphasize the relevance of investment in intellectual capital for the survival and performance of the organization, in order to determine the extent to which an organization depends on it, more than the physical asset held. The main conclusion has highlighted that a smart managerial approach takes into account the fact that, in order to exploit the potential of the organization, it is very important to attract the right combination of employees (who must have expertise in the specific field of activity) and their access to information networks, constantly adapting to the skills required by technical progress and forward-looking changes.

Suggested Citation

  • Angela-Eliza Micu & Ramona Valentina Necula, 2018. "Capitalizing on Intellectual Capital Through an Intelligent Management Approach," Springer Proceedings in Business and Economics, in: Ramona Orăștean & Claudia Ogrean & Silvia Cristina Mărginean (ed.), Innovative Business Development—A Global Perspective, pages 187-199, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-01878-8_16
    DOI: 10.1007/978-3-030-01878-8_16
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