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The National Intangible Resources and Their Importance in the Current Knowledge-Based Economy

Author

Listed:
  • Oprean-Stan Camelia

    ("Lucian Blaga" University,Sibiu, Romania)

  • Stan Sebastian

    ("Nicolae Balcescu" Land Forces Academy Sibiu,Sibiu, Romania)

  • Pele Antonio

    (Pontifical Catholic University,Rio de Janeiro, Brazil)

Abstract

In this article, models for assessing national intangible resources are analysed through a lecture in the literature, and the best-known evaluation methods are categorized into academic models and models of international organizations, with the most important differences being identified. The European Innovation Scoreboard (EIS) and the World Economic Forum annual reports on Global Competitiveness were considered to assess Romania`s position in the international context in terms of intangible assets. Despite the importance of intangible resources at national level and the fact that they are an important factor in determining economic growth in the current knowledge-based economy, this article concludes that Romaniazs position in the international context regarding intangible assets is very weak, with many weak points in research and innovation performance compared to other EU Member States. Therefore, there is a need in our country to re-evaluate the areas where all efforts need to be focused to stimulate innovation performance, to properly manage national intangible resources, a crucial process for improving the quality of life.

Suggested Citation

  • Oprean-Stan Camelia & Stan Sebastian & Pele Antonio, 2018. "The National Intangible Resources and Their Importance in the Current Knowledge-Based Economy," Management of Sustainable Development, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 10(2), pages 45-49, December.
    • Handle: RePEc:blg:msudev:v:10:y:2018:i:2:p:45-49:n:7
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    References listed on IDEAS

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    1. Carol Yeh-Yun Lin & Leif Edvinsson & Jeffrey Chen & Tord Beding, 2013. "National Intellectual Capital and the Financial Crisis in Greece, Italy, Portugal, and Spain," SpringerBriefs in Economics, Springer, edition 127, number 978-1-4614-5990-3, February.
    2. Carol Yeh-Yun Lin & Leif Edvinsson & Jeffrey Chen & Tord Beding, 2013. "National Intellectual Capital and the Financial Crisis in China, Hong Kong, Singapore, and Taiwan," SpringerBriefs in Economics, Springer, edition 127, number 978-1-4614-5984-2, February.
    3. Carol Yeh-Yun Lin & Leif Edvinsson, 2011. "National Intellectual Capital," Springer Books, Springer, number 978-1-4419-7377-1, September.
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    Cited by:

    1. STAN Sebastian-Emanuel & ȚÎȚU Mihai Aurel & PARASCHIV Cristian, 2024. "The Role Of Intangible Resources In Driving Value Creation And Sustained Competitive Advantage For Businesses," Management of Sustainable Development, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 16(1), pages 106-115, June.

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