The following information was submitted:
Transactions: INTERNATIONAL JOURNAL of EDUCATION AND INFORMATION TECHNOLOGIES
Transactions ID Number: 19-756
Full Name: Marta-Christina Suciu
Position: Professor
Age: ON
Sex: Female
Address: Piata Romana nr.6, sector 1, Bucharest
Country: ROMANIA
Tel: +40740609859
Tel prefix:
Fax:
E-mail address: suciuchristina@yahoo.com
Other E-mails: christina.suciu@gmail.com, csuciu07@yahoo.com
Title of the Paper: Reporting on intellectual capital: value driver in the Romanian knowledge based society
Authors as they appear in the Paper: Marta - Christina Suciu, Alexandru Ghitiu-Bratescu, Luciana Piciorus, Cosmin Imbrisca
Email addresses of all the authors: suciuchristina@yahoo.com,, alexghitiu@yahoo.com, lusianapiciorus@yahoo.co.uk, imbrisca_c@yahoo.com
Number of paper pages: 10
Abstract: In the context of the knowledge-based society and creative economy, intellectual capital, creativity and innovation are key engines for development both at the macro and micro level for individuals, organizations, regions, communities of good practices. We increasingly live in an emergent knowledge & innovative-based economy, where changes are quickly and consistently challenging us. Intangible assets and mostly intellectual capital and knowledge produce the greatest value added. In addition in the context of the creative economy innovation are key drivers of long run sustainable competitive advantage. The paper debates two main problems. First of all, it analyses the value of human capital, approached under three dimensions- quantitative, qualitative and structural, and investment in lifelong learning, as measured by the European Lifelong Learning Index (ELLI). Secondly, it debates the case of human capital investments in the Romanian society, evaluated through th!
eir impact, and correlated with the present educational policies. Also, the paper focuses on the European dimension, the impact of the Bologna Process and Lisbon Strategy on the Romanian education system, in the context of education capitalization process. The essential point here is that investing in people regards not only the investment in knowledge & skills but also the support for stimulating creativity and innovation. This holistic vision that supports also the idea of lifelong learning generates consistent value added and prosperity not from one day to the next but mostly on the long term. The performances regarding this special kind of investment is one of the best ways to increase labor productivity. Our analysis shows that in Romanian, despite the efforts made up to now, lifelong investments in education are still reduced from a quantitative point of view and not yet effective from a qualitative point of view. This paper seeks to develop in Romania a framework of!
understanding the value of intellectual capital and the importance of
the promotion of creativity and innovation for lifelong investing in education. We appreciate that in our country intellectual capital, intangible assets, creativity, innovation and lifelong investment in education are very important for both the academic and business communities.
Keywords: Intellectual capital, Investment in education, Investing in people and skills, Knowledge-based society, Lifelong learning,
EXTENSION of the file: .doc
Special (Invited) Session: Intellectual capital, innovation and creativity as key drivers for long-run sustainable development in the context of the creative economy and knowledge based society
Organizer of the Session: 648-207
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