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Universities` Role in Knowledge-Based Economy and Society. Implications for Romanian Economics Higher Education

Author

Listed:
  • Marta-Christina Suciu

    (Academy of Economic Studies, Bucharest, Romania)

  • Irina-Virginia Drăgulănescu

    (Universita degli Studi di Messina, Italy)

  • Alexandru Ghiţiu-Brătescu

    (Academy of Economic Studies, Bucharest, Romania)

  • Luciana Picioruş

    (Academy of Economic Studies, Bucharest, Romania)

  • Cosmin Imbrişcă

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

The main objective of the article is to analyse the extent to which Romanian universities and, particularly, those in economics higher education field can face the demands of knowledge-based economy and society. The specific objectives of the work mainly consisted of: (a) reviewing the literature outlining the theoretical, methodological and conceptual boundaries; (b) identifying methods for assessing universities’ intellectual capital and examples of good practice; and (c) presenting our research results. The research methodology was based on a structured questionnaire applied in the Academy of Economic Studies, Bucharest, Faculty of Business Administration in foreign languages. Examples of good practice in European universities and international reports of prestigious international organizations were considered as well. The research highlighted the key role of universities as main investors in lifelong learning education, by including the opinions of the direct beneficiars-students, within the context of the Romanian society and knowledge-based economy.

Suggested Citation

  • Marta-Christina Suciu & Irina-Virginia Drăgulănescu & Alexandru Ghiţiu-Brătescu & Luciana Picioruş & Cosmin Imbrişcă, 2011. "Universities` Role in Knowledge-Based Economy and Society. Implications for Romanian Economics Higher Education," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 13(30), pages 420-436, June.
    • Handle: RePEc:aes:amfeco:v:13:y:2011:i:30:p:420-436
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    References listed on IDEAS

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    1. Roxana Sârbu & Anca Gabriela Ilie & Antonia Cristiana Enache & Dan Dumitriu, 2009. "The Quality of Educational Services in Higher Education – Assurance, Management or Excellence?," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 11(26), pages 383-392, June.
    2. Higson, Chris, 2001. "Intangibles: Management, Measurement, and Reporting: by Baruch Lev, Washington, DC, Brookings Institution Press, 2001, pp. viii+216," The International Journal of Accounting, Elsevier, vol. 36(4), pages 501-503, 012.
    3. Constantin Bratianu & Bogdan Gabriel Nistoreanu, 2008. "Change And Ethics In The Higher Education," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 10(23), pages 235-239, February.
    4. Manoela Popescu, 2008. "Ethic Issues Of Romanian Businesses In The Economy Based On Knowledge," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 10(23), pages 107-112, February.
    5. Sveinbjörn Blöndal & Simon Field & Nathalie Girouard, 2003. "Investment in human capital through upper-secondary and tertiary education," OECD Economic Studies, OECD Publishing, vol. 2002(1), pages 41-89.
    6. Angel de la Fuente, 2003. "Human capital in a global and knowledge-based economy," UFAE and IAE Working Papers 576.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    7. Karl-Heinz Leitner, 2004. "Intellectual capital reporting for universities: conceptual background and application for Austrian universities," Research Evaluation, Oxford University Press, vol. 13(2), pages 129-140, August.
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    Citations

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    Cited by:

    1. Mohammad Jaber Thalgi, 2020. "The University’s Role in Developing the Skills of the Knowledge Economy from The Perspective of Students of Yarmouk University’s Faculty of Shari’a and Islamic Studies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(4), pages 1529-1537, December.
    2. Marcin Baron, 2021. "Open Innovation Capacity of the Polish Universities," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(1), pages 73-95, March.
    3. Magdalena Iordache-Platis, 2020. "Strategy for Well-Being in Universities: A Romanian Higher Education Approach," Sustainability, MDPI, vol. 12(19), pages 1-17, October.

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    More about this item

    Keywords

    Knowledge-based economy; knowledge-based society; investment in lifelong learning education; intellectual capital; sustainable competitive advantage;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • I20 - Health, Education, and Welfare - - Education - - - General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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