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Human Capital - Driving Forse of Intelectual Capital in Creating Future

Author

Listed:
  • Nihada Mujic

    (Faculty of Law, Osijek, Croatia)

Abstract

In time characterized by complex and uncertain business environment and working conditions; where small, medium but even large (and up till yesterday) successful companies are failing on daily basis, it is important to have economy models which will ensure reestablishment of value system of industrial era, models which will give expected, positive, results. In general, this is not the case since there is no compatibility of models with requirements of information era. So, those negative results together with market positions taken by those who understand changes better, emphasises need for understanding and implementing change management in companies. When trying to overcome mentioned obstacles in coping with changes and demolished value system, key success variable was detected – human capital as the best source of creative energy. In this study, human capital, as in many studies before, is recognised as driving force of intellectual capital and as well as synergy effect of conatival, motivational, cognitional, social, moral and communicational dimension.

Suggested Citation

  • Nihada Mujic, 2009. "Human Capital - Driving Forse of Intelectual Capital in Creating Future," Interdisciplinary Management Research, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 5, pages 361-368.
    • Handle: RePEc:osi:journl:v:5:y:2009:p:361-368
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    References listed on IDEAS

    as
    1. Jean‐Luc Arregle & Michael A. Hitt & David G. Sirmon & Philippe Very, 2007. "The Development of Organizational Social Capital: Attributes of Family Firms," Journal of Management Studies, Wiley Blackwell, vol. 44(1), pages 73-95, January.
    2. Jean-Luc Arrègle & Michael Hitt & David Sirmon & Philippe Véry, 2007. "The Development of Organizational Social Capital : Attributes of Family Firms," Post-Print hal-02312687, HAL.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economy of knowledge; intellectual capital; human capital; future;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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