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Implementing a Framework for IC Reporting in Romania (Report)

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eBook details

  • Title: Implementing a Framework for IC Reporting in Romania (Report)
  • Author : Annals of DAAAM & Proceedings
  • Release Date : January 01, 2010
  • Genre: Engineering,Books,Professional & Technical,
  • Pages : * pages
  • Size : 69 KB

Description

1.INTRODUCTION The main objective of this paper is to develop an evaluation model of IC for Romanian organizations and creating a level of awareness and involvement on the importance of intangible assets and their reporting in Romania, where we consider that the interest in knowledge assets is still low. Based on the literature review we noticed that in Romania there is not a quite clear conceptual complex and holistic framework of measurements carried out on qualitative performance factors. The measurement is fundamental to support management decision in allocation investment and the investor's decision regarding the value in comparison with the price. We underline that companies in Romania have to know that the reward for investing in IC and intangible assets is similar to the return on investment in knowledge capital, research and development.


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