Project outline

Project Title: The Evaluation of the Impact of Intellectual Capital on the Internationalization of EU SMEs

Project Acronym: IC_SMEU
Project Code: PN-III-P1-1.1-TE-2016-0232
Project Manager: Associate Professor, PhD, Elena-Mădălina Vătămănescu
Project Duration (month): 24

The SUBPROGRAMME 1.1 – HUMAN RESOURCES RESEARCH PROJECTS FOR YOUNG INDEPENDENT TEAMS (Call number: PN-III-DCD-RU-TE-2016-1), financed by the Executive Unit for Financing Higher Education, Research, Development and Innovation (UEFISCDI), has established – as a prime goal –the support of young PhD researchers, in order to create or consolidate their own research team and an independent research programme.

Within this framework, a young team of researchers from the Center for Research in Management (SNSPA) will be conducting articulate investigations on the impact of intellectual capital on theinternationalization of small and medium-sized enterprises in the European Union.

Project Executive Summary

In the framework of a fast-changing globalized economy, European SMEs are at the crossroads of external pressures (international and global) and internal reaction constraints, and, thus, a proper assessment of the impact of the intellectual capital available within the organization and business networks is a prerequisite for competitiveness and international expansion. Despite the topicality and relevance of these factors, the specialized literature (in Romania, but not only) shallowly approaches the issue, and many research gaps are yet to be filled in. Consequently, the research project advances and draws upon the importance of leveraging European SMEs’ intellectual capital in the context of internationalization and development of sustainable international partnerships. The expected impact of the project includes: the development and operationalization of an interdisciplinary theoretical model and the development of a research instrument liable to correlate intellectual capital with the SMEs’ internationalization endeavors; testing the model and the instruments in different industries and areas of activity in Romania; the establishment of a benchmark for future researches; the development of a research report on the level and forms of accessing the intellectual capital by European SMEs correlated with the internationalization process and the development of international partnerships; the technological transfer of the research conclusions into the organizational practice by disseminating the project’s results.