The Influence of the Knowledge-Based Economy on the Competitiveness of European Economies and Businesses

Author(s):  
Milos Pare ˇ zanin ◽  
Sandra Jednak ◽  
Dragana Kragulj
2013 ◽  
Vol 4 (1) ◽  
pp. 53-64 ◽  
Author(s):  
Grażyna Węgrzyn

The study objective was identification of the service industries that determine the rate and lines of development of a knowledge-based economy. The analysis covered the EU member countries and the years of 2008-2012. This report consists of four sections. The first one provides the characteristics of a knowledgebased economy and describes the role of services sector in progressing towards this stage of development. The second section offers a classification of services that led to establishing the category of knowledge-based services. The industries classified as knowledge-based services contribute directly to the creation, processing and distribution of knowledge throughout an economy. The following part presents a division of the EU member economies into four groups, depending on their advancement towards the knowledge-based economy as defined by two indices: the Knowledge Economy Index (KEI) and the Knowledge Index (KI). The study concluded on empirical verification of the significance of knowledge-based services within individual European economies. In a knowledge-based economy, where knowledge is the key factor in gaining a competitive advantage, it is just the services related to knowledge acquisition, distribution and creation that drive the economic growth. The development level of service activities classified as knowledge-based services largely determines the economy’s performance in knowledge creation, distribution and use. This is so because these activities directly contribute to the economy’s competitive advantage based on knowledge.


2010 ◽  
Vol 13 (1-2) ◽  
pp. 79-96
Author(s):  
Witold Kasperkiewicz ◽  
Andrzej Kacprzyk

The Lisbon Strategy was accepted by the European Council in March 2000 during the Lisbon summit. The Strategy is European Union’s answer to many challenges resulting from the economic globalization and the dynamic development of information technologies. The importance of these challenges is paramount. Hence, it has turned out that new strategies based on the principle of balanced development which would modernize the European economy are indispensable. Even though in the last decade of the 20th century integration process of Union’s economies underwent considerable intensification, they still could not outweigh the American economy in the technological race. As a result European economies became less competitive in comparison with the American counterpart. The rise in innovativeness of the EU economies plays a key role in the implementation of the major aims of the Lisbon Strategy. The ability to facilitate those innovations and to put them into practice have crucial importance for minimizing the economic distance between EU and US. The main aim of the paper is to present the innovativeness of European economies and Japan. The paper also evaluates the conditions and effects of the implementation of the strategic objectives of Lisbon Strategy. The paper is divided into four parts. First deals with the characteristics of the role of knowledge-based economy and innovativeness of the economic system in Lisbon Strategy. Second is devoted to the issue of innovativeness of the EU economies as compared to the US and Japan. Third presents evaluation of the Lisbon Strategy implementation. Fourth analyses the renewed Lisbon Strategy


2008 ◽  
pp. 47-55
Author(s):  
A. Nekipelov ◽  
Yu. Goland

The appeals to minimize state intervention in the Russian economy are counterproductive. However the excessive involvement of the state is fraught with the threat of building nomenclature capitalism. That is the main idea of the series of articles by prominent representatives of Russian economic thought who formulate their position on key elements of the long-term strategy of Russia’s development. The articles deal with such important issues as Russia’s economic policy, transition to knowledge-based economy, basic directions of monetary and structural policies, strengthening of property rights, development of human potential, foreign economic priorities of our state.


Author(s):  
Lily Chumley

The last three decades have seen a massive expansion of China's visual culture industries, from architecture and graphic design to fine art and fashion. New ideologies of creativity and creative practices have reshaped the training of a new generation of art school graduates. This is the first book to explore how Chinese art students develop, embody, and promote their own personalities and styles as they move from art school entrance test preparation, to art school, to work in the country's burgeoning culture industries. The book shows the connections between this creative explosion and the Chinese government's explicit goal of cultivating creative human capital in a new “market socialist” economy where value is produced through innovation. Drawing on years of fieldwork in China's leading art academies and art test prep schools, the book combines ethnography and oral history with analyses of contemporary avant-garde and official art, popular media, and propaganda. Examining the rise of a Chinese artistic vanguard and creative knowledge-based economy, the book sheds light on an important facet of today's China.


Sign in / Sign up

Export Citation Format

Share Document