KNOWLEDGE ECONOMICS AS AN INNOVATIVE FACTOR FOR ECONOMIC DEVELOPMENT AND GROWTH

2021 ◽  
Vol 2 (2) ◽  
pp. 117-120
Author(s):  
Капустина Надежда Валерьевна ◽  
Комаричева Виктория Александровна ◽  
Рустамова Ирада Талятовна
2021 ◽  
Vol 13 (7) ◽  
pp. 3825
Author(s):  
Ourania Tremma ◽  
Achilleas Kontogeorgos ◽  
Philippos Karipidis ◽  
Fotios Chatzitheodoridis

The purpose of this study was to illustrate and understand how consumers of cooperative food products could be segmented in the region of Western Greece. For this purpose, a questionnaire survey was undertaken involving almost 500 consumers in the selected region. Consumers were segmented on the basis of their consumption of cooperative products and in association with their attributes and beliefs regarding cooperatives’ products. Τhe performed cluster analysis grouped participants into four distinct groups with different characteristics and perceptions regarding cooperatives’ products. The consumer groups were called “skeptics”, “cooperative”, “passively sensitive”, and “indifferent”. According to the results, in general, participants considered cooperative food products as a safe choice with excellent value for money and contributing to the local society, economy, and sustainability. Segmentation could allow agricultural cooperatives to focus only on those segments of consumers that are willing to pay for cooperative products by allocating all available resources in serving them. The results of this research, even with its limitations, can help directors and marketing executives of agricultural cooperatives to better understand that operating in a specific market could be more effective when targeted at specific segments to help not only the viability of agricultural cooperatives but also their economic development and growth.


Author(s):  
I.P. Timofeev ◽  

The author offers a network model of the economic system designed to research the impact of increasing technological division of labor on the opportunities for economic development and growth. The article describes the main elements of the model and their economic interpretation, as well as the basic rules for its construction. An economic network consists of sets of producers, consumers and goods flows between them. The author shows how the model represents the appearance of various types of innovations. The author has outlined main directions of further development and researching the model.


Author(s):  
Volkan Öngel ◽  
İlyas Sözen ◽  
Ahmet Alkan Çelik

Economic development and growth had been the most important target among all goverments throughout the history. In this respect, Kazakhstan, Turkmenistan, Uzbekistan, Tajikistan and Kyrgyzstan in Middle Asian Region had chosen development as primary target in 20 years time after their independence. Human capital is the leading factor to maintain economic development and growth. Development and growth terms over which different meanings and concepts were imposed in time, necessitated several political economic alterations. Before 1970’s, increase in income had been sufficient criterion for the development of a government. But nowadays economic development incorporates factors such as life expectancy at birth, school enrolment ratio, literancy rate, gender discrimination, poverty alleviation, equal distribution of income beyond economic growth. Herewith this change political preference and priorities has started to differentiate. The aim of this study is to discuss human development index (HDI) data of 5 Middle Asian countries in 2010 and changes in HDI in years after their independence. Comparisan between Gross Domestic Product (GDP) and HDI rates are also performed within this analysis. This study consists of data of 5 Middle Asian countries between years 1990-2010. Basic, retrospective, illustrative library method is used as the study method. In conclusion, we find that increase in GDP did not reflect over HDI in Middle Asian Countries within 20-years period.


Author(s):  
Raul Caruso

- The aim of this essay is the ‘triangular theory of social interactions as expounded by Kenneth Boulding. Rediscovering the theoretical reflections of Kenneth Boulding about social interactions is even more important nowadays when economists are emphasizing the role of both formal and informal institutions in economic development and growth. In fact, he pioneered the study of elements which are commonly considered in the economic theories of institutions, social capital, reciprocity and relational goods.


Author(s):  
Mufaro Dzingirai ◽  
Munyaradzi Chagwesha ◽  
Florence Mudzurandende

Although entrepreneurship is widely accepted as a driver of economic development and growth across the globe, the COVID-19 pandemic and several lockdowns have created a unique situation in the entrepreneurship discourse. Accordingly, this chapter aims at providing empirical evidence on the challenges and opportunities emanating from COVID-19 within the context of informal cross-border women entrepreneurs. This study establishes five challenges, namely, business closures, caregiving responsibility, the decline in demand, shortage of goods, and liquidity crisis. Moreover, it also establishes digital marketing and business networks as opportunities. The recommendations to deal with these challenges are proffered and the suggestions for further study are captured.


2013 ◽  
Vol 8 (1) ◽  
pp. 330-349 ◽  
Author(s):  
Suho Bae

AbstractEconomic development and growth may induce infrastructure investment and service provision by the public sector. This article investigates to what degree economic performance affects infrastructure spending at the state and local levels. For further elaboration, it examines the differential impacts of economic performance on state and local spending on different types of infrastructure. For that purpose, infrastructure is classified into two types: knowledge infrastructure and physical infrastructure. Methodologically, it uses the time-series cross-sectional (TSCS) data from 1977 to 2000 in 50 states of the USA. To correct the complex error terms in TSCS data, it uses the ordinary least square estimation using the Prais-Winsten procedure and panel-corrected standard errors. Some endogeneity issues are also corrected. Research finds that economic development and growth contributes to the increasing infrastructure spending on a per capita basis by state and local governments; however, its magnitude is not large. When infrastructure spending is disaggregated, economic performance also contributes to the increasing state and local spending on both knowledge and physical infrastructures. In particular, the magnitude of the positive effects on physical infrastructure spending is approximately two times as large as that on knowledge infrastructure spending. However, economic performance has no significant effects on the proportion of infrastructure spending out of the total state and local spending, regardless of whether infrastructure is aggregated or disaggregated. In short, there are level effects of economic performance, but there are no compositional effects. This finding implies that state and local governments increase infrastructure investment and its service provision in responding to the economic growth; yet, they do not consider it as a top priority in comparison with other types of functional areas.


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