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Human Capital'S Impact On The Performance Of Romanian Knowledge Based Companies

Author

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  • Burja Camelia

    (University 1 Decembrie 1918 of Alba Iulia, Faculty of Sciences)

Abstract

To meet the desiderata expressed by the implementation of knowledge-based economy, companies must reconsider development strategies and must facilitate the shift from a management largely based on resource consumption to knowledge-based management. In this view, the importance of the human factor increases, becoming a precious resource that creates value and competitiveness. This paper shows the interaction between company performance and human capital, exemplifying this aspect through a case study based on a regression model in Romanian software companies. The obtained results show the strong connection between company performance, expressed by net income, and the quality of the human capital, synthesized by labour productivity.

Suggested Citation

  • Burja Camelia, 2012. "Human Capital'S Impact On The Performance Of Romanian Knowledge Based Companies," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 337-342, December.
    • Handle: RePEc:ora:journl:v:1:y:2012:i:2:p:337-342
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    File URL: http://anale.steconomiceuoradea.ro/volume/2012/n2/047.pdf
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    References listed on IDEAS

    as
    1. Brown, J David & Earle, John S & Lup, Dana, 2005. "What Makes Small Firms Grow? Finance, Human Capital, Technical Assistance, and the Business Environment in Romania," Economic Development and Cultural Change, University of Chicago Press, vol. 54(1), pages 33-70, October.
    2. Beck, Nathaniel & Katz, Jonathan N., 1995. "What To Do (and Not to Do) with Time-Series Cross-Section Data," American Political Science Review, Cambridge University Press, vol. 89(3), pages 634-647, September.
    3. J. David Brown & John S. Earle & Dana Lup, 2004. "Finance, Human Capital, Technical Assistance, and the Business Environment in Romania," William Davidson Institute Working Papers Series 2004-639, William Davidson Institute at the University of Michigan.
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    Cited by:

    1. Belenesi (Bumba) Marioara & Popa Dorina & Chira (Chiş) Anca Oana & Avram (Boitoş) Camelia, 2014. "Financial Communication And Intellectual Capital Reporting Practices," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 563-572, July.

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    More about this item

    Keywords

    human capital; performance; labour productivity; knowledge assets;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

    Statistics

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