scholarly journals KNOWLEDGE-INTENSIVE BUSINESS SERVICES AS IMPORTANT SERVICES FOR INNOVATION AND ECONOMIC GROWTH IN SLOVAKIA

2016 ◽  
Vol 4 ◽  
pp. 042-047 ◽  
Author(s):  
Tatiana Čorejová ◽  
Mario Al Kassiri
Keyword(s):  
Economic Growth ◽  
Positive Impact ◽  
Transfer Of Knowledge ◽  
Highly Qualified ◽  
Business Services ◽  
Knowledge Intensive Business Services ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Knowledge Intensive ◽  
The Impact

This paper illustrates the importance of Knowledge-intensive business services (KIBS) as a source of innovation and economic growth. In the article, we explain the impact of KIBS on innovation, the importance of KIBS as a support in economic growth, its positive impact on employment and important role in the knowledge-based economy of Slovakia. This paper shows KIBS as important for innovation processes provided by institutions, such as universities, where the most important part involves research and development. Low support in services such as KIBS may cause decreases in availability of highly qualified employees and output of knowledge for innovation. Productivity and economic growth are largely dependent on fast growing technological progress and transfer of knowledge. Innovation can lead to a reduction in manual workers on one hand, while on the other  qualified employees will be needed for processes in the new applied technology. In order to fully understand the rapid growth of innovation and KIBS, we analyzed the correlation and number of scientists of its population in the EU countries.

scholarly journals KNOWLEDGE INTENSIVE BUSINESS SERVICES AND THEIR ECONOMIC ROLE IN EUROPEAN UNION: A BRIEF ANALYSIS

2020 ◽  
Vol 5 (1) ◽  
pp. 72-85
Author(s):  
Daniel Badulescu ◽  
Alina Badulescu ◽  
Sebastian Sipos-Gug ◽  
Anamaria Diana Herte ◽  
Darie Gavrilut
Keyword(s):  
Economic Activity ◽  
Manufacturing Sector ◽  
Decisive Role ◽  
Business Services ◽  
Economic Role ◽  
Knowledge Intensive Business Services ◽  
Complex Relation ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Knowledge Intensive

The decisive role of the knowledge-based economy, and the importance of the ventures fostering the use of innovation and incorporating knowledge, high technology and creativity are nowadays worldwide recognised, even more so considering that the EU is in a permanent search for innovation as a source of and for competitiveness. Knowledge Intensive Business Services (KIBS) are expected to play a key role in the knowledge-based economy as a source of innovation and knowledge in production, dynamic hubs in knowledge-related networks, or intermediaries of innovation between the manufacturing sector and suppliers, partners and final consumers. Within this context, in the present paper we aim to investigate the complex relation between the knowledge intensive business services (KIBS) and the imperative of fostering the economic activity, both of the entrepreneurial dynamics and their macroeconomic effects. The analysis, performed at EU level, leads to interesting results, revealing a complex but contradictory relation between KIBS and economic activity, which is measured by the following main indicators: entrepreneurial density and macroeconomic dynamics.

Singapurs Weg in die Wissensökonomie

2006 ◽  
Vol 50 (1) ◽  
Author(s):  
Matthias Kiese
Keyword(s):  
Policy Recommendations ◽  
Business Services ◽  
Knowledge Intensive Business Services ◽  
Knowledge Based ◽  
Innovation Surveys ◽  
Knowledge Based Economy ◽  
Knowledge Intensive ◽  
City State ◽  
The City

Singapore’s road to a knowledge-based economy. The role of knowledge-intensive business services in the national system of innovation. In 1998, Singapore’s government announced its vision to transform the city state into a knowledge-based economy (KBE) through a gradual shift from value adding to value creation. As both users and producers of knowledge, knowledge-intensive business services (KIBS) are commonly seen as a cornerstone of the KBE. After assessing the development, size and structure of Singapore’s KIBS sector, we use data from innovation surveys of manufacturing and KIBS firms to assess the latter’s dual role as innovators and bridges for innovation. Our results allow us to point out policy recommendations and sketch possible avenues for further research.

Impact of Digitalization on Service Work in Knowledge-Intensive Business Services: An Empirical Study in Tax Consultancies

2019 ◽  
Vol 3 (4) ◽  
pp. 209-222
Author(s):  
Philipp K. Görs ◽  
Henning Hummert ◽  
Anne Traum ◽  
Friedemann W. Nerdinger
Keyword(s):  
Work Engagement ◽  
Service Work ◽  
Psychological Consequences ◽  
Business Services ◽  
Knowledge Intensive Business Services ◽  
Positive Effects ◽  
Knowledge Intensive ◽  
The Impact ◽  
Positive Effect ◽  
Special Case

Digitalization is a megatrend, but there is relatively little knowledge about its consequences for service work in general and specifically in knowledge-intensive business services (KIBS). We studied the impact of digitalization on psychological consequences for employees in tax consultancies as a special case of KIBS. We compare two tax consulting jobs with very different job demands, those of tax consultants (TCs) and assistant tax consultants (ATCs). The results show that the extent of digitalization at the workplace level for ATCs correlates significantly positively with their job satisfaction. For TCs, the same variable correlates positively with their work engagement. These positive effects of digitalization are mediated in the case of ATCs by the impact on important job characteristics. In the case of TCs, which already have very good working conditions, the impact is mediated by the positive effect on self-efficacy. Theoretical and practical consequences of these results are discussed.

scholarly journals The Impact of the Coronacrisis on KIBS Sector

2021 ◽  
Vol 15 (1) ◽  
pp. 6-18
Author(s):  
Ian Miles ◽  
◽  
Veronika Belousova ◽  
Nikolay Chichkanov ◽  
Zhaklin Krayushkina ◽  
...  
Keyword(s):  
Business Services ◽  
Face To Face ◽  
Knowledge Intensive Business Services ◽  
Regulatory Frameworks ◽  
The Face ◽  
Working Practices ◽  
Knowledge Intensive ◽  
Problem Solvers ◽  
Climate Crisis ◽  
The Impact

Knowledge-Intensive Business Services (KIBS) are problem-solvers for other organizations. The coronacrisis affects KIBS directly, but also means that their clients are confronting new problems. How are KIBS addressing these two sets of challenges? This paper draws on material available in the trade and industry press, on official reports and statistics, and the early academic studies addressing these themes. We find that KIBS have been active (alongside other organizations) in providing a substantial range of services aimed at helping their clients (and others) deal with various contingencies thrown up by the crisis. Not least among these is the need to conform to shifting regulatory frameworks, and requirements for longer-term resilience. KIBS themselves have had to adapt their working practices considerably, to reduce face-to-face interaction with clients and within teams collaborating on projects. Adaptation is easier for those whose tasks that are relatively standardized and codified, and it remains to be seen how far a shift to such activities - and away from the traditional office-based venues of activity - is retained as firms recover from the crisis. KIBS are liable to play an important role in this recovery from the crisis, and policymakers can mobilize their services. Some KIBS are liable to be critical for rendering economies more resilient in the face of future pandemics and we argue that these firms are also important for confronting the mounting climate crisis.

AN EMPIRICAL STUDY ON THE IMPACT OF KIBS INNOVATION IN JAPANESE MANUFACTURING CORPORATIONS

2011 ◽  
Vol 08 (04) ◽  
pp. 501-520 ◽  
Author(s):  
YONG CAO ◽  
AKIO NAGAHIRA ◽  
SHUO SHE
Keyword(s):  
Empirical Study ◽  
Service Delivery ◽  
Radical Innovation ◽  
Incremental Innovation ◽  
Delivery Method ◽  
Business Services ◽  
Face To Face ◽  
Knowledge Intensive Business Services ◽  
Knowledge Intensive ◽  
The Impact

Dealing with knowledge intensive business services (KIBS) has become an important strategy for many firms. Services that heavily rely on professional knowledge are needed by Japanese manufacturing corporations (JMCs) for solving different problems. This article explores the impact of the utilization of KIBS on the innovation of JMCs in Japan. The goal of the paper is threefold: first, we focus on the different divisions of JMCs that have dealt with KIBS and analyze the impact of KIBS on their innovation respectively; second, we separate the types of innovation into radical innovation and incremental innovation and then analyze what and how the service delivery method contributes to each type of innovation; and finally we discuss in more depth the details of an efficient service delivery method. The results show that first, KIBS contribute more to the radical innovation of a client rather than incremental innovation and second, face-to-face is the most efficient method of service delivery from KIBS to the JMCs.

scholarly journals Knowledge-Based Economy Capacity Building for Developing Countries: A Panel Analysis in Southern African Development Community

2021 ◽  
Vol 13 (5) ◽  
pp. 2890
Author(s):  
Koketso Phale ◽  
Fanglin Li ◽  
Isaac Adjei Mensah ◽  
Akoto Yaw Omari-Sasu ◽  
Mohammed Musah
Keyword(s):  
Economic Growth ◽  
Dynamic Models ◽  
Positive Impact ◽  
Panel Data Analysis ◽  
Southern African Development Community ◽  
African Development ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Long Run ◽  
Average Impact

The Southern African Development Community is lagging behind in terms of knowledge economy relative to other regions worldwide. This dramatically reduces the chances of keeping up with their economically established counterparts in terms of sustainable development. This paper therefore, applies multivariate panel data analysis which is predicted on the Cobb–Douglas production function to analyze the affiliation flanked by knowledge-based economy pillars and economic growth from 1998–2018. The World Bank knowledge-based economy framework is employed. To achieve the study goal, the long-run effect regarding proxies of each pillar in the knowledge-based economy on economic growth is first estimated. Afterwards, the average impact of each pillar is examined using the average impact index (AII). Employment of both conventional unit root and co-integration tests showed all observed series are stationary and co-integrated. Further estimation of the long-run relationship using both static and dynamic models (fixed effect and generalized method of moment) portrayed that government effectiveness, adjusted savings on education expenditure, tertiary enrollment, scientific and technical journals, and mobile cellular subscriptions have significant positive impact on economic growth. Finally, the AII estimation unveiled that the innovation pillar is the most impactful aspect on economic growth followed by education and skills with the least being information and communication technology infrastructure. Feasible policy recommendations are further suggested.

Sign in / Sign up

Export Citation Format

Share Document