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Intangible Assets as a Source of Competitive Advantage for the Romanian Small and Medium Enterprises

Author

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  • Holban (Oncioiu) Ionica

    (The Academy of Economies Studies, Bucharest)

Abstract

Before globalization, the society of information and knowledge, all social structures have become environments. In a global economy, every developed country needs a continuous flow of technological innovations which results in competitive advantages. The intangible assets is a resource with which count all organizations, conforming different stocks of knowledge as they can be: the singular, collective and organizational that should not be left as such, but the interesting thing it is that this is used, is mobilized and developed, that is to say to negotiate it on different forms. This paper wants to show that the intangible assets are fundamental for the creation of the wealth since with an appropriate one administration a series of benefits take place. Also, it intends to answer the following question: is it important for Romanian SMEs to improve potential, quality and excellence operational innovation?

Suggested Citation

  • Holban (Oncioiu) Ionica, 2010. "Intangible Assets as a Source of Competitive Advantage for the Romanian Small and Medium Enterprises," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 335-339, October.
    • Handle: RePEc:ovi:oviste:v:10:y:2010:i:2:p:335-339
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    More about this item

    Keywords

    accounting system; normalization; convergence.;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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