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Digital Library Directory > New Perspectives in Science Education 9th Edition 2020
New Perspectives in Science Education 9th Edition 2020

Managing Intellectual Capital: Increasing Performance of Higher Education Institutions in Romania

Cristina Raluca G. Popescu

Abstract

Intellectual Capital is a key notion that refers to different intangible variables, such as human capital, structural capital, and relational capital, that have the immense power to provide an essential value to organizations worldwide. Intellectual Capital represents one of the most vital intangible assets of our knowledge society, based on the fact that, one the one hand, it enriches individuals’ abilities to develop and, on the other hand, that it offers entities the opportunity to increase their performance, quality and value. This research aimed at presenting the advantages and the challenges of managing intellectual capital with the purpose of increasing performance of higher education institutions in Romania. To do this, the work examined the results obtained by using the following research methods in both public and private higher education institutions in Romania: surveys, interviews, focus groups. Firstly, this paper has shown that Intellectual Capital plays a paramount role in the field of educational management in Romania, in general, and in the higher education institutions in Romania, in particular. Secondly, this paper has emphasized the opportunities and the challenges related to intellectual capital in Romanian higher education institutions. Thirdly, this paper has proposed a scientific model capable to value intellectual capital in Romanian higher education institutions based on the idea that by exploiting intangible assets the quality of higher education and the services provided by higher education institutions will increase substantially in time.              

Keywords: Intellectual capital, human capital, performance, higher education institutions, intangible variables, quality of education 

References:


[1] Popescu, V.A., Popescu, C.R.G., Popescu, G.N., Education and New Technologies - Case Study on the Romanian Society, 2th edition of the International Conference the Future of Education, Pixel, Florence, Italy, 7-8 June, 2012, Conference book “The Future of Education Conference Proceedings 2012”, Simonelli Editore University Press, Volume 2, pp. 124–127, ISBN 978-88-7647-808-6.
[2] Popescu, V.A., Toiba, D., Popescu, C.R.G., Virtual Learning Communities – a Study Case on Romania’s Nowadays Situation, 4th edition of the ICT for Language Learning Conference International Conference on the Future of Education, Pixel, Florence, Italy, 16-17 June, 2011, Conference book “The Future of Education Conference Proceedings 2011”, Simonelli Editore University Press, Volume 1, pp. 185–188, ISBN 978-88-7647-647-1.
[3] Popescu, C.R.G.; Popescu, G.N. An Exploratory Study Based on a Questionnaire Concerning Green and Sustainable Finance, Corporate Social Responsibility, and Performance: Evidence from the Romanian Business Environment. J. Risk Financial Manag. 2019, 12, 162.
[4] Popescu, C.R.G. Corporate Social Responsibility, Corporate Governance and Business Performance: Limits and Challenges Imposed by the Implementation of Directive 2013/34/EU in Romania. Sustainability 2019, 11, 5146.
[5] Popescu, C.R.G.; Banța, V.C. Performance Evaluation of the Implementation of the 2013/34/EU Directive in Romania on the Basis of Corporate Social Responsibility Reports. Sustainability 2019, 11, 2531.


Publication date: 2020/03/20
ISBN: 978-88-85813-90-8
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