Noble International Journal of Business and Management [627313]

Noble International Journal of Business and Management
Research
Vol. 1, No. 1, pp: 1-4, 2017

Published by Noble Academic Publisher
URL: http://napublisher.org/?ic=journals&id=2
Open Access

1 Transition t o New Intangible Resource -Based Economy

Ioan I. Gâf -Deac*
*INCE, Romanian Academy, SH University, Faculty of Law and Public Administration,
Bucharest, Romania

Abstract: The article shows that change, globalization of knowledge orients the transition to the new economy
in modern times, economic structures and transformations take place through technological development. Also in the
article are dealt with new problems relat ed to a model of the industrial sector in Romania to advance the knowledge
economy. In the new economy, however, it is possible that public policies themselves represent primary factors
inducing malfunctions in the markets as long as the contents of their strategic and tactical is not relational and
indicative consiste nt in new forms of production /reproduction economic as is looming industrial sectors of tangible
resources when the outside world is moving towards intangible operational structure.
Keywords: Tangible Assets, Intangible Assets, Technological Development, Change, Knowledge, New Economy .

1. Introduction
The analysis of the beginning of the new economy may show issues as phenomenological and
process seemingly unconventional appearance.
It is possible variant of "chaotic" transition for a new era characterized by rapid "shocking", global
competition, rapid circulation of information, increased flows communication, increased business
complexity and unstoppable globalization.
It is open a new "temporal complex" of new types of self -adjusted business, finite infinitesimal
eleme nt, entirely micro -controlled/ quasi -continuous. (Audi, 1999 ).
Essentially, there is a "new cultural and economic environment," compared to the current one.
Among the elements that determine the cultural and advance current economy to the new economy based
on intangible resources, it is considered as fundamental the f ollowing:
a) Change. It is fast, complex and continuous. In fact, changes occur in the current economic
meaning, increasing predictability and reducing uncertainty.
b) Knowledge . Given that intellectual capital is a strategic factor, decision makers can ha ndle the
reverse surface of the pyramid or triangle organizational report highlighting "managers and
performers." This reversal is shocking.
Primacy of quantitative and qualitative structure of the executive managers may return. In other
words, it is possi ble to turn "upside down" of organization triangle.
c) Globalization . Establishment is already visible in the early stages of information as a resource
predominant factor in the economy.
It manifests increasing interdependence of business, global hyper -competitive and blurring borders
between research and development, technology, production, trade, finance, communication and integrated
information.
As such it is justified considering that the new economy is not an appearance once an invention or
an innova tive "breakthrough", but rather the result of processing the current economy, in a quasi –
continuity of physical and human dominated by knowledge and globally .

Noble International Journal of Business and Management Research

2 2. Research Methods: Change, Know ledge and Globalization in the
Industry of Romania
The three fo rces (Change, Knowledge and Globalization) walking guides to the new economy
(Figure 1 ).

Fig. 1 . Forces to formalize procedural guidance of the new economy (Gaf-Deac, 2007 )
(S) = shift; (C) = knowledge; (G) = globalization
(Zene)= of the new economy processed on the current economy

It appears that the change (S), knowledge (C) and globalization (G) basically it acts as the current
process and content infrastructure savings (Gaf-Deac, 2010 ).
In fact, the three issues reported above can be included among "forces" that guides the current
economy to the new economy.
They are interconnected articulated potential market changes, the en terprise/ business and labor
sectors in the new economy (Boisot, 1998 ).
Occurs constantly creating new "spaces" for business with new dimensions, the current "territories"
occupied will host opportunities offered by innovative strategic technologies; they will produce "faster"
than competitors.
In view of current economic growth is produced by discontinuities and ruptures intervals
determined by creating new sectors, industries and the demise of others con sidered obsolete.
In the new economy is likely to register growth "anywhere" or "everywhere", "all places" due to the
fact that quasi -continuous manifests itself in all areas a much higher human creativity.
The new economy entrepreneurship in the context o f the above offers virtually limitless
opportunities for the company.
Equally, due to the increasing complexity of business models, creating new opportunities for
attraction of browsing the new economy.
Will share power and consumer preference, resulting f rom the convergence of long -term
development trends and not necessarily for short periods of time and area.
Knowledge becomes a resource of business value structure, "associated with the new dynamics of
competitiveness".
Transfer "power" from producer to c onsumer based on the value of new content or a new definition
of value found in products knowledge.
Enhanced speed "productive economic movement," confirms intangibility and connectivity products
that dominate the area's economic and social society tomorro w.

3. Results and Discussion : A Model From Romania To Advance
Industry Knowledge Economy
Technological and business strategies in the current economy is based on pre -definition inputs,
while operational support in the new economy is re -inventing any possible entries, to become "real nasty,
effective".
If in the control it currently aims to protect the consistency of the economic process in the future it
beco mes self -control for creation/ creativity.

Noble International Journal of Business and Management Research

3 In industrial businesses, modernity is based on contractual operation, but the next steps contracts or
meta -establish confidence in operability can be productive/ reproductive and distribution/ consumption.
Knowing now is pre -specified, relatively static, bu t dynamic and it can become "structurally built",
distinguishing itself as the dominant resource.
Information lite racy must become subject/ discipline in the industry. Not enough information flows
only in itself but rather is necessary metodologizarea use a nd re -use knowledge. This is achieve d
tangential to the "creation/ knowledge creation" (Gaf-Deac, 2015a ;2015b ;2015c ).
"Good information, in person and in real time" is the term pre dictability of operational knowledge
in the new economy.
Dynamic structures may uninhibited initiative and creativity as people are no longer tangent
knowledge, but can be found under immersive content knowledge.
In the conditions, it is consi dered that the physical product /material industry to the virtual, and from
data to knowledge -information, phase sequence is started advance towards the knowledge economy and
risk.
The whole system is set up in the evolutionary function of time, giving dynamism specif ic industrial
transformations.
In the new economy it is necessary delimitation of the presence and action of "new state" in terms
of its role as the main "regulator" to the "interventionist" in the industry (Gaf-Deac, 2002 ).
Opening multipotential multidimensional and overall form and content of the new economy means
not only providing the functionality of its self -operation and n ot through self -regulation and continuous
corrections ideal.
Therefore, it is expected to occur "new state regula tor/regulatory" for the situation caused by the
emergence of effective operational the new economy.
In the new economy, however, it is possible that public policies themselves represent primary
factors inducing malfunctions in the markets as long as the contents of their strategic and tactical is not
consistent relational and indicati ve in new forms of production/ reproduction economic as is loomi ng in
the industry.
But the new economy requires "reshaping economic theory" to re -explain the meaning
interventionist state in production and breeding industry.
Currently, it is estimated that the contemporary economy, in large part, has provided advance by
corrections.
We believe that if public policies would operate normally objectified and public authorities in
Romania would prove independent and effective, such a behavior based on corrective interventions could
be functionally -effective in the industry , but not sustainable.
The new behavior for the economic thinking of the new economy should be based on natural
mechanisms more robust, exceeding primarily gains or losses associated with more effectively through
policy adjustments.
It may be noted that th e economic bureaucracy Public quasi -completely lacking Romania's
economy and its progress in the industry.
In the context of Romania is felt industry need to renovate too liberal policies associated with
economic analysis applied (Gaf-Deac, 2013 ).
Related issues are caused by dysfunctional attention paid to factors asymmetric public issues and
economic developments pur e content. In essence, it needs a new public economy.

4. Conclusion
It is estimated that industry in Romania now needs a manifestation of the so -called "incentive
regulation".
Visible gap resorts potential internal information and motivation between the t wo categories of
standing actors: a) public and b) private.
In paral lel, between "nationalization/control" and "privatization/ liberalization" in the industry
differences manifest themselves on the results obtained accumulations or added values.
Public economic policies in the industry often calls the instrument "ceiling price" formula for
correction/ control, even relying on some "monopoly control" generating political obstacles for the new
economy.
For example, Romania is proving more difficult m arkets for highly competitive starting directly
from public monopolies existing in certain areas (e g, 2016, in the energy sphere), the operations of
"regulatory incentive" can only be achieved hinged in relation to manufacturers, carriers and distributors .

Noble International Journal of Business and Management Research

4 It is possible to call the method "analysis of economic institutions" that for deregulation -regulation
can be conducted in the following steps:
 simple monopolizing;
 restructuring policy formulation;
 institutional foundations for new markets;
 creation of institutions adapted for operations management markets;
 strengthening the legal framework for the n ew institutions, with adapted/ adaptive management.

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