The intellectual capital a vector of innovation in the public sector
The intellectual capital a vector of innovation in the public sector

Author(s): Lidia-Gabriela Herciu
Subject(s): Law, Constitution, Jurisprudence
Published by: Societatea de Stiinte Juridice si Administrative
Keywords: innovation; intellectual capital; innovative capital; innovative processes;
Summary/Abstract: The term intellectual capital is not new. As early as 1836, economist William Nassau emphasized that intellectual capital is an important factor in production. The scientific concerns regarding the intellectual capital issue are not recent, they date back to the '80s. Over the years, the issue of intellectual capital has experienced an exponential development. If at first there were scientific concerns aimed at defining and publicizing the importance of the concept, acceptance is now on a deeper analysis of the management of the implications deriving from the management of intellectual capital in different organizations. Over time, intellectual capital has been defined in many ways. For some authors intellectual capital represents the knowledge that can be converted into value. Where do we need knowledge to create something new that adds value? Innovation. Intellectual capital plays a key role in innovative processes, it is responsible for innovation and with the help of innovative capital we can designate organizations that have the capacity to innovate. Purpose of the paper - the purpose of this paper is to analyze the role and importance of intellectual capital in innovative processes. To achieve a logical connection between intellectual capital and innovation, this connection brings innovative capital. The deadline for introducing the capacity of innovation organizations. We will present a framework model linking the two themes. Methods - in terms of research methodology, qualitative methods are considered. Conclusions - research will highlight the importance and role of intellectual capital in factual processes.

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