After 1990’s and the European integration, Romania faced major changes in the structure and finance of education. There are many decisions regarding the education reform, the decentralization of the public schools, and the curriculum. The education needs to evolve from an abstracted way to a...

This article reflects the evolution in time of visions and approaches of the RDI in international experience, revealing the consequences that have resulted from the application of changes to standardize the statistical evaluation of the RDI sector in the process of creating a knowledge-based...

The present paper examines the importance of education as a cornerstone to the knowledge-based society of future Europe and to its implementation in Romania. The aim herein is to outline that at present, in order for the society to meet the current needs and to lie the foundations of highly...

In a knowledge - based society, organizations undergo permanent changes and transformations, and the key factor of such changes is intellectual capital regarded as one of the most critical, yet most strategic values an organization might own. Analyzing intelectual capital and knowledge society...

The paper underlines and analyses the role of human capital, as well as some issues related to higher education and research in Romania, both in figures and from a humanistic perspective of regarding them as fundamental investments in the future of nations, preservers of the supreme values of...

In the knowledge-based economy, universities are encountering dramatic changes. Their missions and functions are‘pragmatized’ because of emerging new players and competing markets for knowledge production, the availability of higher education to a wider range of social classes and age...

We develop a new rationale for IPO waves based on product market considerations. Two firms, with differing productivity levels, compete in an industry with a significant probability of a positive productivity shock. Going public, though costly, not only allows a firm to raise external capital...

This paper examines the evolution of productivity in U.S. manufacturing plants from 1963 to 1992. We define a “vintage effect” as the change in productivity of recent cohorts of new plants relative to earlier cohorts of new plants, and a “survival effect” as the change in productivity of...