scholarly journals Assessment of the Financial Condition of Knowledge Based Economy Entities – an Example of Polish Video Game Sector

Studia Humana ◽  
2021 ◽  
Vol 10 (3) ◽  
pp. 19-29
Author(s):  
Rafał Rydzewski
Keyword(s):  
Video Game ◽  
Research Question ◽  
Good Combination ◽  
Analysis Model ◽  
Knowledge Based ◽  
Financial Condition ◽  
Knowledge Based Economy ◽  
Financial Characteristics ◽  
The Impact ◽  
Capital Intensive

Abstract The video game producers are currently in spotlight of market information services. Successes and huge budgets of such companies attract many readers. However, scientific studies related to this sector do not share the same popularity. A reflection on the source of value in this sector shows that what generates revenues is not disclosed in the report. Great examples are customers’ relationships or the value of employees creating the game code and story of the game. Video games producers sector presents a good combination of business and culture that allows reflection on financial characteristics of knowledge based companies. Prior studies show that market’s valuation takes into account unrecognised assets but capital-intensive character of a production and intangibility of a product and its assets causes problems with exact valuation. In this paper the author asks about the impact of the characteristics on the assessment of a financial condition. The research question in this paper is whether it is possible to use and interpret correctly popular discriminant analysis model for knowledge based entities on the example of video game companies. Results are applicable by analysts and managers of this sector and help to determine the usefulness of this method, but it still depends on assumptions and accounting policies. The reflection presented also broadens the discussion on financialisation because analysed companies can oppose this trend in a specific way.

ICT for Educational Excellence in Jordan

2013 ◽  
pp. 119-135
Author(s):  
Atef Abuhmaid
Keyword(s):  
Private Sector ◽  
Education System ◽  
Large Scale ◽  
Ministry Of Education ◽  
National Interests ◽  
Planning Stage ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
External Assistance ◽  
The Impact

This chapter discusses the Jordanian Ministry of Education’s reliance on both the local private sector (public-private partnership) and foreign aids in order to accelerate its integration of ICT to meet the needs and demands of the knowledge-based economy. The discussion sheds light on strings attached to the role played by the Ministry of Education, as the central educational authority, in the diffusion of ICT across the education system. Understandably, in the Jordanian context, likewise other countries in the Middle East and North Africa region, the education system has to deal with a great deal of complexities in which, internal and external issues can impede reform efforts. Partnership with local and international partners might be needed in the Jordanian context in order to initiate reform especially the large-scale and costly ones. ICT-related reform initiatives are expensive and require expertise in various areas which might justify seeking external assistance by the educational system. However, external involvement can impact the integrity of the educational reform when it is left with inadequate coordination and efforts in order to keep them in line with national interests and agendas. Furthermore, the impact of these issues can be severer when they are not taken into account during the planning stage of the reform. Thus, this chapter discusses major issues arose when international partners and the local private sector were involved in ICT-based education initiatives in Jordan.

scholarly journals Toward Knowledge-Based Economy: Innovation and Transformational Leadership in Public Universities in Texas and Qatar

2019 ◽  
Vol 11 (23) ◽  
pp. 6721 ◽  
Author(s):  
Reem S. Al-Mansoori ◽  
Muammer Koç
Keyword(s):  
Transformational Leadership ◽  
Leadership Style ◽  
Public Universities ◽  
Power Distance ◽  
The United States ◽  
Cultural Dimension ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Transformational Leadership Style ◽  
The Impact

The essentiality of the universities’ roles in enhancing economies and transforming societies is a global mantra. However, when it comes to wealthy and oil-dependent states such as Texas in the United States and Qatar in the Middle East, the impact of universities on sustainable economic development is questionable. This article discusses the transformational efforts within engineering colleges at two public universities in Texas and in Qatar to support their states’ visions in moving toward innovative and knowledge-based economies. The study examined the innovation capacity building of both institutions through measuring the transformational leadership styles in engineering colleges and its impact on the faculty’s innovative production of technical articles, patents, and sustainable development-related courses. The cultural impact of the two contexts on the leader–follower relationship was addressed in the discussion using Hofstede’s cultural dimension framework. The results showed that leaders in both colleges possess a transformational leadership style, albeit lower than the norm. This study disclosed that, in the high-power distance contexts, the idealized image of the leader contributed positively toward higher satisfaction of the followers with their leaders and current governance systems, while acknowledgment and rewards were the sources of satisfaction in low-power distance societies. Followers in a low uncertainty avoidance, individualistic, and short-term-oriented context achieved higher technical production. Both public universities expressed the need for government involvement in supporting the culture of innovation.

scholarly journals Possible ways to attract private investment in a knowledge-based economy

2020 ◽  
Vol 159 ◽  
pp. 06013
Author(s):  
Liudmila Goryainova ◽  
Tatiana Maksimova ◽  
Olga Zhdanova ◽  
Mariia Ermilova
Keyword(s):  
Preschool Education ◽  
Private Investment ◽  
State Universities ◽  
Investment Funds ◽  
Social Partnership ◽  
Knowledge Based ◽  
Triple Helix Model ◽  
Knowledge Based Economy ◽  
The Impact

The article substantiates the role of education, puts forward and confirms the hypothesis of the importance and necessity of social partnership for financing and developing education in a knowledge-based economy. To confirm the hypotheses put forward, the evolution of the concepts of social interaction and social responsibility is studied, the laws of social partnership in a knowledge-based economy are substantiated, which allows using the triple helix model to show the need for interaction between the state, universities and corporations to advance along the path of innovative development. The lack of budget funds for the development of education requires the search for other sources of financing of infrastructure facilities for education. The article discusses the use of concessions as a form of public-private partnership in preschool education, which has recently found application in Russia. Based on the study of international best practices, the authors propose using investment funds, in particular, the mechanism of the impact of investment in education as a promising technology.. One of the solutions to these problems is the mutual investment of funds in intellectual property. The formation of endowment funds for financing education and innovation in the knowledge-based economy is also widespread.

Government Expenditures on Higher Education and Innovativeness

2020 ◽  
pp. 287-316
Author(s):  
Marko Slavković ◽  
Marijana Simić
Keyword(s):  
Higher Education ◽  
Regression Analysis ◽  
Higher Education Funding ◽  
Key Factors ◽  
Education Expenditure ◽  
Knowledge Based ◽  
Current Trends ◽  
Knowledge Based Economy ◽  
Impact Of Higher Education ◽  
The Impact

Current trends such as globalization and the growing importance of intangible assets and a knowledge-based economy makes a significant contribution to highlighting the importance of higher education funding. Classified as one of the key factors determining the level of innovation and competitiveness, both at the micro and macro levels, education and especially higher education have been funded in different ways in different countries. Therefore, the main objective of the research is to determine the impact of higher education expenditure on innovation in Serbia and Slovenia, on the basis of which a comparison of results can be made. Analyzing the data for the period 2007-2016 and based on the results of the regression analysis, we conclude that there is a negative significant impact of the share of the state allocation for higher education on the level of innovation in Serbia, while the results relating to the situation in Slovenia are contrary and indicate a positive significant impact.

scholarly journals National Cinema or Creative Industries? Film Policy in Transition

2004 ◽  
Vol 112 (1) ◽  
pp. 115-130 ◽  
Author(s):  
Susan Ward
Keyword(s):  
Common Ground ◽  
Development Program ◽  
Creative Industries ◽  
Policy Framework ◽  
Global Knowledge ◽  
National Cinema ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The Impact ◽  
Film Policy

In 2002, ‘film’ consolidated a position within municipal governance as part of the Brisbane City Council's economic development program based on the ‘new economy’ understanding of the role of the city as the physical location of commercial and cultural activity. This positioning of film within the notion of industry clustering, and the acknowledgment that production technologies of film and television share a common ground with games development, and other forms of leisure software, represent a fundamental departure from the precepts of the traditional national cinema model. Are creative industries discourse and cluster logic opening up a new field of governance for film policy? How does this translate to the state and federal levels if policy is to become more accommodating to the structures and dynamics of specific regional locations? This paper examines two Queensland approaches to creative industries discourse and cluster logic as a way of understanding the impact this move to a ‘global knowledge-based economy’ will have on the traditional policy framework.

scholarly journals A Spatial Analysis Of The Knowledge - Based Economy In Poland

2014 ◽  
Vol 17 (4) ◽  
pp. 221-236 ◽  
Author(s):  
Piotr Strożek
Keyword(s):  
Spatial Analysis ◽  
Innovation System ◽  
Economic Incentive ◽  
Economic Life ◽  
The European Union ◽  
Structural Funds ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Use Of Knowledge ◽  
The Impact

The article presents a spatial analysis of the knowledge-based economy in Poland in regional terms in 2003 and 2011. Nowadays, knowledge is regarded as one of the factors of production besides land, labor and capital. The ability to create, collect and effectively use knowledge contributes to the generation of innovation, acquiring long-term competitive advantages and economic success. Polish provinces are the basic territorial units, on which the calculations have been carried out. The period of time was purposely chosen to determine the impact of Polish accession to the European Union and the possibility of using the Structural Funds in the development of local economies based on knowledge. The purpose of this article is to identify disparities in the use of knowledge in socio-economic life in the Polish provinces. The study was conducted using a taxonomic measure of development (one of the tools of multidimensional comparative analysis). Classification of provinces was constructed on the basis of KEI (Knowledge Economy Index) and KI (Knowledge Index) which are used by the World Bank in Knowledge Assessment Methodology (KAM). The division into four pillars (i.e. The Economic Incentive and Institutional Regime, The Innovation System, Education and Human Resources, Information and Communication Technology) attempts to explain the relationship between the factors of development.

scholarly journals The impact of macroeconomic and structural factors on the unemployment of young women and men

2021 ◽  
Author(s):  
Beata Bal-Domańska
Keyword(s):  
Labor Market ◽  
Unemployment Rate ◽  
Youth Unemployment ◽  
Structural Factors ◽  
Knowledge Based ◽  
Econometric Methods ◽  
Knowledge Based Economy ◽  
Econometric Analyses ◽  
Macroeconomic Determinants ◽  
The Impact

AbstractThe presented article follows the research mainstream of econometric analyses focused on the assessment of correlations between youth unemployment rate and market and macroeconomic determinants, including economic growth and productivity of the economy, its structure in terms of NACE Rev.2 sections as well as the labor market tools. The research addresses 28 European Union (EU) countries. The analysis period covers the years 2008–2018. The econometric methods dedicated to panel data were used. The research results confirm the importance of the general economic condition as well as the development of knowledge-based economy for the improvement of the youth situation in the labor market. With regard to the economy structure, the development of manufacturing section importance turned out to be a major factor in female youth unemployment rate reduction. The growing importance of the construction sector translated into a decline in the unemployment rate among young men.

scholarly journals Rola przemysłu w procesie kształtowania społeczeństwa informacyjnego

2009 ◽  
Vol 13 ◽  
pp. 11-20
Author(s):  
Zbigniew Zioło
Keyword(s):  
Information Society ◽  
New Technologies ◽  
Service Industry ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Complex Process ◽  
New Ideas ◽  
Valuable Product ◽  
High Level ◽  
The Impact

Modern processes of civilizational development, directed towards the formation of an information society, make knowledge an increasingly important and the most valuable product, and access to information is the basic condition for the development of all sectors of economy. In this article, I make an attempt to determine the impact of industry on the complex process of shaping of an information society. The aim was to determine the relations between the industry and the information society, and their surroundings. An important element in the formation of an information society and the development of knowledge-based economy is a high level of education at all stages, and the competences: to be able to apply the acquired knowledge, to formulate new ideas and to introduce them in the production and service industry. New technologies trigger modernization and encourage new products, which in turn contributes to quality changes in the society, and to raising the society’s culture.

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