Information Technologies as a Pillar of a Knowledge-Based Economy: Some Remarks

2014 ◽  
pp. 626-635
Author(s):  
Burcu Sakız ◽  
Semih Sakız

Communication and information technologies have started to emerge since the 40s resulting major changes in the way business has been conducted and effected global economy. Transitions to knowledge-intensive business models become popular since late 1950s. Additionally intellectual capabilities become more important than physical inputs. Having sufficient national production and technology to create a welfare society similar to developed countries is crucial for any modern nation. One of the main developmental leverages for the globalization becomes the knowledge based economic approach. Developed by World Bank “Knowledge Assessment Methodology” is very important methodology in order to measure the progress of countries towards having a knowledge based economy. World Bank's four Knowledge Economy pillars: economic and institutional regime, education, innovation, and Information and Communication Technologies (ICTs) developed for countries to make basic assessment of countries’ readiness for the knowledge economy and help them the transition to a Knowledge Economy. In this study, knowledge economy concept and its properties are presented. Furthermore this paper introduces the analysis of knowledge economy from Turkey’s perspective especially for the role of innovation and education pillars in the development of Turkey.


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


Author(s):  
Anastasia S. Spiliopoulou ◽  
Ioannis Chochliouros ◽  
George K. Lalopoulos ◽  
Stergios P. Chochliouros

Recent European policies have very early identified (European Commission, 1999) the immense challenge for the European Union (EU) to promote various liberalization and harmonization measures in the relevant electronic communications markets, especially by supporting a series of particular initiatives for competition, investment, innovation, the single market, and consumer benefits (Chochliouros & Spiliopoulou, 2003). In order to fully seize the growth of the digital, knowledge-based economy, it has been suggested that both businesses and citizens should have access to an inexpensive, world-class communications infrastructure and a wide range of modern services, all appropriate to support “broadband” evolution and a wider multimedia penetration. Moreover, all possible different means of access had to prevent from “info-exclusion,” while information technologies should be used to renew urban and regional development and to promote innovative technologies (Chochliouros & Spiliopoulou, 2005). To achieve all these expectations, an essential European policy was to “initiate” further competition in local access networks and support the “local loop unbundling” (LLU) perspective, in order to help bring about a considerable reduction in the costs (in terms of price, quality, and innovative services) of using the Internet and to promote high-speed and “always-on” access (Bourreau & Dogan, 2005; Commission of the European Communities, 2006b). The local loop mainly referred to the physical copper line circuit in the local access network connecting the customer’s premises to the operator’s local switch, concentrator, or any other equivalent facility. Traditionally, it takes the form of twisted metallic pairs of copper wires (one pair per ordinary telephone line). However, some other potential alternatives can also be taken into account: fiber optic cables are nowadays being increasingly deployed to connect various customers, while other technologies are also being rolled out in the local access network (such as wireless/satellite local loops, power-line networks, or even cable TV networks). Although technology’s evolution and market development are very rapid, the above alternatives—even in a combined use—cannot provide adequate guarantee to ensure sufficient and nationwide spreading for LLU in a quite reasonable time period (Philpot, 2006) and mainly to address the same customer population, if practically compared to the digital subscriber loop (DSL) option which is offered via the existing copper infrastructures.


2020 ◽  
Vol 74 ◽  
pp. 03013
Author(s):  
Evelina Sycheva ◽  
Artur Budagov ◽  
Andrey Novikov

The challenge of globalization process is the emergence of “new economy” in which the knowledge-based economy is of great importance. The factor of the knowledge-based economy is growing under the influence of scientific and technological revolution and involvement in globalization. The article analyzes the relationship of changingtechnological paradigms of social-economic development with sustainable development of urban infrastructure. The challengesof the Sixth (according to the classification of S. Yu. Glaziev)paradigm of the technological revolution with widespread introduction of digitalizationare specified. Up-to-date aspects of management of urban infrastructure development with use of “Smart City” advanced intellectual information technologies are considered. The study provides a reinterpretation of modern methods of management of urban infrastructure development in connection with the emergence of digital information and communication technologies. Knowledge management, including human capital assets management, representing the creative potential of people, plays an important role for “smart management”. It is proved that intellectual resources have greater value and competitive advantages than material resources. It is justified that with the development of globalization and digitalization of society, sustainable development of urban infrastructure is based on the use of knowledge-based capital.


2009 ◽  
pp. 701-708 ◽  
Author(s):  
Fang Zhao

E-collaboration takes advantage of the current Internet-driven business environment, which integrates the most advanced electronic technologies and the knowledge-based economy. Companies engaging in e-collaboration must participate in external business relationships by using computer interactions (Damanpour, 2001). Implementing e-collaboration strategy can require many sophisticated technologies and systems such as EDI, XML, eCRM. E-collaboration is thus confronted with the great challenge of reengineering IT strategies and resources. “Nearly 80% of organizations that have rushed to establish Web sites for online retailing have failed to invest in the purchasing and distribution systems that make delivery of their products possible” (Neef, 2001, p.3). System failure has a profound effect on e-collaboration and e-business, both in the short and long-term. The tremendous complexity of information technologies has become a huge hurdle to companies embracing them, affecting their entire management strategy, process, structure, and most importantly, business bottom line results. The main technological issues to be considered are associated with IT infrastructure, and managers’ and operatives’ knowledge and skills in e-collaboration and e-partnership. The following constitutes some of the key technological issues facing e-collaboration. • Process and system alignment and integration • Interoperability of systems • Accessibility, security and compatibility of interorganizational information systems • Traffic in collaborative e-commerce activities • Sustained IT support and resources • Transferring and sharing information and data • Building and sustaining an effective virtual network structure amongst e-partners • Quality and effectiveness of networking and communications (Zhao, 2004) This article focuses on the most important technological challenges and issues facing e-collaboration and e-business in the areas of information flow, procurement, logistics, engineering and manufacturing, marketing, customer services, and human resources. It deals specifically with the process and system alignment and integration as well as the issues of interoperability which have become of primary concerns in the practices of e-collaboration.


Author(s):  
Wacław Szymanowski ◽  
Gabriela Brudniak

The aim of the article is an attempt to measure the level of development of a Knowledge-Based Economy (KBE). The applied Knowledge Assessment Methodology (KAM), developed by the World Bank in 1999, is one of the methods for measuring the degree of development of KBE. It is connected with the development of a set of indicators describing the functioning of individual socio-economic dimensions, grouped into four categories: (A) economic and institutional, (B) education and human resources, (C) information systems and new technologies, (D) information technologies. The analysis of these pillars helps to gain a competitive advantage (region, industry, national economy). Synthetic indexes for Polish voivodeships in 2009-2016 were calculated. The research results present a significant spatial difference in the development of KBE. Changes in this diversification of voivodeships were presented for 2015 and 2016 in relation to 2012 and 2009.


2019 ◽  
Vol 31 (2) ◽  
pp. 127-133
Author(s):  
Edina Jenčová ◽  
Jozef Galanda

Nowadays, depending on the promotion of the principles of the knowledge-based economy in the field of air transport, the use of information technology is a vitally important activity of a modern airline manager in order to increase efficiency in decision making. The paper deals with information technologies necessary for applying the principles of knowledge economy in air transport business. Direct attention is paid to paperless office, cloud technologies, outsourcing of information technologies and their interconnection leading to the overall harmonization of communication between individual means, whether personal or business informatics.


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