{"title":"Human Capital-Intensive Firms and Symbolic Value Creation","authors":"Cécile Cézanne, Laurence Saglietto","doi":"10.2478/tjeb-2014-0004","DOIUrl":"https://doi.org/10.2478/tjeb-2014-0004","url":null,"abstract":"Abstract The aim of this paper is to study the process of symbolic value creation of human capital-intensive firms. Human capital is a critical resource for firms’ activities. Nevertheless, this dimension is often obscured by industrial economists. In the light of critical resource theory, we analyze how taking into account the inalienable and inimitable nature of specific human capital entails a reconsideration of the role and boundaries of the firm. We show that the firm seeks to coordinate the specialization of its key partners within the frame of its economic boundaries to ensure the long-term optimization of its potential of value. Therefore, the value of the firm depends on all the resources that the firm coordinates. Then we focus on the way HCIF can create different values. We suggest that the firm builds its competitive advantage on different forms of values, in particular the symbolic value incorporated in human capital. Finally, on the basis of these considerations, we identify the wealth included in the critical resources of the firm and to bring to light the process of symbolic value creation associated with it. We suggest that the firm is the value creating entity and the customer both recognizes and derives the value created from whatever it is that the firm provides. We propose a definition of this value and a schema of its creation process based on management works attempts. We conclude by proposing paths of research that could fruitfully be explored to further develop this new subject.","PeriodicalId":30596,"journal":{"name":"Timisoara Journal of Economics and Business","volume":"7 1","pages":"70 - 88"},"PeriodicalIF":0.0,"publicationDate":"2014-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68922073","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A NEW EDUCATIONAL MODEL FOR CRIMINALITY PREVENTION","authors":"E. Dobrescu, Tiberiu-Viorel Popescu","doi":"10.29302/oeconomica.2010.12.2.2","DOIUrl":"https://doi.org/10.29302/oeconomica.2010.12.2.2","url":null,"abstract":"Solon said that, in order to be free, a citizen had to study; education was the ground of democracy and in Athens there was no illiterate citizen. The education was both of the body as well as of the soul in a natural continuity... Plato was even aware that in all that there was, there was a core of “dissension” (entropie) that sooner or later led to the fall. He tried to set a fortress model that would minimize the effects of this core of destruction. In the dialogue entitled „Republica”, he pointed out that it was in the power of man to minimize the evil and to build a harmonious fortress that would prevent the destruction. The idea of harmony, which is to be found also in music and mathematics, is extended also to the relations between people.","PeriodicalId":30596,"journal":{"name":"Timisoara Journal of Economics and Business","volume":"41 1","pages":"193-198"},"PeriodicalIF":0.0,"publicationDate":"2010-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78381607","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Need for Accuracy","authors":"Gheorghe Băileşteanu","doi":"10.1093/oxfordjournals.jhered.a107824","DOIUrl":"https://doi.org/10.1093/oxfordjournals.jhered.a107824","url":null,"abstract":"Understanding the economic phenomena and procedures based on „common sense” is insufficient in the age of knowledge society, when the NEED FOR ACCURACY is not only a must, but also indispensable. Still, the need for accuracy involves THE HYPOTHESIS NEED IN BUILDING SCIENTIFIC THEORIES. There are certain conditions of constructivism and functioning of hypotheses, and considering them gives them a “status” in science. Coherence is the fundamental criteria of plausibility and credibility of hypotheses. A hypothetic construction should not contain internal dysfunctions, i.e. incompatible postulates or difficult to set up with one another.","PeriodicalId":30596,"journal":{"name":"Timisoara Journal of Economics and Business","volume":"41 1","pages":"365-368"},"PeriodicalIF":0.0,"publicationDate":"2008-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91250405","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}