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Types of Intellectual Capital Employed in Bioeconomic Projects – A Longitudinal Case Study

Author

Listed:
  • Maria-Silvia Sandulescu

    (The Bucharest University of Economic Studies, Bucharest, Romania)

  • Drago? Andrei Stoica

    (The Bucharest University of Economic Studies, Bucharest, Romania)

  • Catalin-Nicolae Albu

    (The Bucharest University of Economic Studies, Bucharest, Romania)

  • Nadia Albu

    (The Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

In this paper we investigate the existence and evolution of bioeconomic projects of OMV Group, a major global player in the oil and gas industry. We further study the intellectual capital components utilized by OMV Group in supporting these bioeconomic actions. We conduct a longitudinal case study over the 2010-2016 period and illustrate with the case of OMV Group how the oil and gas organizations mobilize various types of intellectual capital to engage in bioeconomic projects. Since the global importance of bioeconomy increased exponentially in the last years, we employ a theoretical framework recently proposed in the bioeconomic literature to ascertain the type of vision followed in the bioeconomic projects and its evolution. We find that the number of bioeconomic projects proposed by our case organization increased over time, and that the projects’ focus evolved from bio-technology and bio-resources to bio-ecology, which has the potential of providing more long-term sustainable outcomes.

Suggested Citation

  • Maria-Silvia Sandulescu & Drago? Andrei Stoica & Catalin-Nicolae Albu & Nadia Albu, 2018. "Types of Intellectual Capital Employed in Bioeconomic Projects – A Longitudinal Case Study," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 20(49), pages 667-667, August.
    • Handle: RePEc:aes:amfeco:v:20:y:2018:i:49:p:667
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    References listed on IDEAS

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    More about this item

    Keywords

    bioeconomy; intellectual capital; innovation; sustainability; oil and gas industry;
    All these keywords.

    JEL classification:

    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology; Plastics
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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