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Evaluating Human Capital In A Knowledge – Based Approach

Author

Listed:
  • Emanoil MUSCALU

    (“Lucian Blaga” University of Sibiu)

  • Alexandra STANIT

    (“Lucian Blaga” University of Sibiu)

  • Liliana Mihaela CONSTANTINESCU

    (“Lucian Blaga” University of Sibiu)

Abstract

The widespread enthusiasm for a knowledge-based approach to understanding the nature of a business and the possible basis for sustained competitive advantage have renewed interest in human capital evaluation or measurement. While many attempts have been made to develop methods for measuring intellectual capital, none have been widely adopted in the business world. In the knowledge-based organizations, and generally, in the information society, human capital is recognized as the fundamental factor of overall progress, and experts agree that long-term investment in human capital has strong drive-propagation effects at the individual, organizational, national and global level. In this paper, we consider that a knowledge-based approach can offer new possibilities and answers to illustrate the importance of evaluation the human capital and knowledge assets by consistently generating added value in the business world.

Suggested Citation

  • Emanoil MUSCALU & Alexandra STANIT & Liliana Mihaela CONSTANTINESCU, 2014. "Evaluating Human Capital In A Knowledge – Based Approach," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 3, pages 383-387, April.
  • Handle: RePEc:cmj:seapas:y:2014:i:3:p:383-387
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    References listed on IDEAS

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    1. Dragos Sebastian CRISTEA & Alexandru CAPATINA, 2009. "Perspectives on knowledge management models," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 355-366.
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    More about this item

    Keywords

    Human Capital; Intellectual Capital; Knowledge Assets;
    All these keywords.

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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