Knowledge economy in transition

2008 ◽  
pp. 58-81 ◽  
Author(s):  
Caroline Wong
Keyword(s):  
Economic Development ◽  
Knowledge Economy ◽  
Film Industry ◽  
Technological Development ◽  
Creative Economy ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Shed Light ◽  
Level Of Analysis

This chapter presents Singapore as a case study for the management of change as Singapore transits from a knowledge-based economy to the creative economy. Analysis of the knowledge-based economy suggests that competitive advantage is increasingly derived from investment in intangibles, particularly information and knowledge-based competencies. The film industry is chosen as a microcosm level of analysis to examine the state of the creative economy as the latest phase in Singapore’s economic development as technology and information are increasingly used to navigate and mediate its people, resources and capital. The objective of this research is to examine the types of competencies that enable firms in the industry to stay competitive in the contemporary knowledge-based economy in the light of technological development in the industry. In so doing, it seeks to shed light on what matters for the industry and the role that government has in shaping the creative economy.

Innovation Management in Modern Organizations

2016 ◽  
pp. 180-194 ◽  
Author(s):  
João P. C. Marques
Keyword(s):  
Technological Development ◽  
Innovation Management ◽  
Innovation Process ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Present Context

The present context of the knowledge-based economy and society has brought relevant changes with respect to how innovation has been conceptualized and explained. This chapter discusses the characteristics of learning and uncertainty as intrinsic components of innovation over the course of time. A number of views that explain the innovation process are discussed in terms of evolutionary momentum, from the science-push strategy to the market-pull model, culminating in the holistic, integrating view of innovation. The case study illustrates the path of technological development of a Portuguese footwear company, based on the licensing of technology, the capacity for continuing learning and absorption, and a culture of innovation as key elements for success.

scholarly journals Complexity systems and middle-income trap: the long-term roots of Latin America underdevelopment

Nova Economia ◽  
2020 ◽  
Vol 30 (spe) ◽  
pp. 1225-1256
Author(s):  
Fernanda Cimini ◽  
Jorge Britto ◽  
Leonardo Costa Ribeiro
Keyword(s):  
Economic Development ◽  
Latin America ◽  
Economic Structure ◽  
The Political ◽  
Middle Income ◽  
Middle Income Trap ◽  
To Come ◽  
Shed Light

Abstract Our intent is to reinterpret the concept of middle-income trap using the language of the complex system approach to refer to the unpredictability, non-linearity and the enormous range of possible behaviors of economic development in the long-term time series. By redefining the concept of trap in those terms, we propose to shed light on the institutional background of economic development. In order to advance our argument, we conduct a case study of Latin America, a region that has presented an unstable and non-linear economic trajectory across the 20th century. We argue that the combination between the colonial economic legacy and the political fragmentation amid the process of independence shaped the socio-economic structure and institutional capabilities for years to come, restricting the possibilities of overcoming underdevelopment.

scholarly journals CULTURE AS A FACTOR OF KNOWLEDGE ECONOMICS WITH PARADIGMATIC CHANGES IN SYSTEMIC INSTITUTIONAL CONTEXT

2018 ◽  
pp. 58-66
Author(s):  
GIVI BEDIANASHVILI
Keyword(s):  
Knowledge Economy ◽  
Industrial Society ◽  
Economic Science ◽  
Knowledge Based ◽  
Level Of Automation ◽  
Knowledge Based Economy ◽  
Agriculture Industry ◽  
Institutional Structures ◽  
Manufacturing Activity ◽  
High Level

In modern conditions it is important to develop a systemic and institutional concept of culture as a form of knowledge economy. In order to present a systemic concept of knowledge and culture in the formation of knowledge economy, I think the new meaning of paradigmatic and conceptual aspects of economic science is of particular importance. In addition, the systematic representation of the cognition process is particularly important. As shown by the practice of recent years, the main problems in the form of knowledge technology are solved, which will facilitate the improvement of the “cognitive” function of economic science and enhance its practical benefits. The modern stage of globalization is characterized by a number of specific peculiarities of post-dosystem development, which, in our view, is important to the development of knowledge-based economy (knowledge economy). It is noteworthy that globalization stems from adding global dimensional dimensions to the knowledge economy, such as resource-technological, informative, communicative and institutional structures. In addition, we think it is necessary to understand the knowledge of the knowledge economy. This makes it possible to develop culture with knowledge as a factor of forming a knowledge economy. According to the Postindustural Theory, the main resource of the post-denser economy is information and knowledge, the main type of manufacturing activity is the high level of automation of the production, the science of technologies used primarily from the main technologies, and various services are the most common types of economic activity. In industrial society, the field of agriculture, industry - Industry, Postindustry - determinants are already theoretical knowledge with universities, as a place of active and generating knowledge.

Academic Entrepreneurship in Emerging Economy Context

2015 ◽  
pp. 29-50 ◽  
Author(s):  
Bhaskar Bhowmick ◽  
Susmita Ghosh
Keyword(s):  
Economic Development ◽  
Future Development ◽  
Academic Entrepreneurship ◽  
Emerging Economy ◽  
Academic Institutions ◽  
Entrepreneurship Development ◽  
Absolute Necessity ◽  
Knowledge Based ◽  
Emerging Country

Entrepreneurship fosters economic development of a country. This appears more crucial and absolute necessity in emerging country context. The efforts have been laid for entrepreneurship development with the collaboration of academic institutions and industries. These collaborations try to transform academic based research into commercialized products to develop a knowledge based society. Government has also initiated numerous projects to support this effort. This chapter presents an overview of the whole scenario along with its challenges, prospects and future development in emerging country context. The theme has been elaborated with a case study on IIT Kharagpur, India.

Media Literacy, Co-Innovation, and Productivity

2017 ◽  
pp. 1397-1430
Author(s):  
Juan-Francisco Martínez-Cerdá ◽  
Joan Torrent-Sellens ◽  
Mônica Pegurer Caprino
Keyword(s):  
Literature Review ◽  
European Commission ◽  
Media Literacy ◽  
Knowledge Economy ◽  
Organizational Innovation ◽  
Business Environment ◽  
Positive Influence ◽  
Business Context ◽  
Knowledge Based ◽  
Knowledge Based Economy

This research analyzes the connections between media literacy and context of the knowledge economy, establishing a relationship between so-called co-innovative sources (ICT, organizational innovation and qualifications of employees) of the business environment and media literacy. It seeks to verify the behavior of media literacy as a co-innovative source, as fundamental as the three other ones to the viability and sustainability of companies. Authors start from a literature review related to media literacy and knowledge-based economy and then raise their own model that integrates the co-innovative sources and media literacy (the ‘Tetrahedron of Co-Innovative Sources') with which analyze media literacy in the business context. To verify the proposed relations, the research uses the Celot and Pérez Tornero's (2009) framework (proposed in the “Study on Assessment Criteria for Media Literacy Levels” delivered to the European Commission) with official statistical sources in Europe, returning results with which to test the hypothesis that a higher level of media literacy of citizens of a country has a positive influence on its companies and businesses.

Academic Entrepreneurship in Emerging Economy Context

2017 ◽  
pp. 2108-2128
Author(s):  
Bhaskar Bhowmick ◽  
Susmita Ghosh
Keyword(s):  
Economic Development ◽  
Future Development ◽  
Academic Entrepreneurship ◽  
Emerging Economy ◽  
Academic Institutions ◽  
Entrepreneurship Development ◽  
Absolute Necessity ◽  
Knowledge Based ◽  
Emerging Country

Entrepreneurship fosters economic development of a country. This appears more crucial and absolute necessity in emerging country context. The efforts have been laid for entrepreneurship development with the collaboration of academic institutions and industries. These collaborations try to transform academic based research into commercialized products to develop a knowledge based society. Government has also initiated numerous projects to support this effort. This chapter presents an overview of the whole scenario along with its challenges, prospects and future development in emerging country context. The theme has been elaborated with a case study on IIT Kharagpur, India.

scholarly journals Knowledge management a competitive edge for law firms in Botswana in the changing business environment

2015 ◽  
Vol 17 (1) ◽  
Author(s):  
Madeleine Fombad
Keyword(s):  
Knowledge Management ◽  
Knowledge Economy ◽  
Business Environment ◽  
Law Firms ◽  
Private Sector Development ◽  
Knowledge Based ◽  
Quantitative And Qualitative Research ◽  
Knowledge Based Economy ◽  
Potential Benefits ◽  
The Cost

Background: Law firms in Botswana offer a particularly interesting context to explore the effects of transition in the knowledge economy. Acquiring and leveraging knowledge effectively in law firms through knowledge management can result in competitive advantage; yet the adoption of this approach remains in its infancy. Objectives: This article investigates the factors that will motivate the adoption of knowledge management in law firms in Botswana, and creates an awareness of the potential benefits of knowledge management in these firms.Method: The article uses both quantitative and qualitative research methods and the survey research design. A survey was performed on all 115 registered law firms and 217 lawyers in Botswana. Interviews were conducted with selected lawyers for more insight. Results: Several changes in the legal environment have motivated law firms to adopt knowledge management. Furthermore, lawyers appreciate the potential benefits of knowledge management. Conclusion: With the rise of the knowledge-based economy, coupled with the pressures faced by the legal industry in recent years, law firms in Botswana can no longer afford to rely on the traditional methods of managing knowledge. Knowledge management will, therefore, enhance the cost effectiveness of these firms. Strategic knowledge management certainly helps to prepare law firms in Botswana to be alive to the fact that the systematic harnessing of legal knowledge is no longer a luxury, but an absolute necessity in the knowledge economy. It will also provide an enabling business environment for private sector development and growth and, therefore, facilitate Botswana’s drive towards the knowledge-based economy.

scholarly journals Knowledge Economy Indicators and Their Impact on the Sustainable Competitiveness of the EU Countries

2020 ◽  
Vol 12 (10) ◽  
pp. 4172 ◽  
Author(s):  
Elena Širá ◽  
Roman Vavrek ◽  
Ivana Kravčáková Vozárová ◽  
Rastislav Kotulič
Keyword(s):  
Knowledge Economy ◽  
Main Idea ◽  
Topsis Method ◽  
Eu Countries ◽  
Knowledge Based ◽  
Multi Criteria Evaluation ◽  
Knowledge Based Economy ◽  
Key Factor ◽  
Knowledge Economies ◽  
The Eu

In today’s turbulent world influenced by globalization, knowledge is becoming a key factor in the market. Every economy, if it wants to be successful and competitive, must pay more attention to knowledge and its creation, transfer, and preservation. In this respect, it is a key element in ensuring a country’s sustainable position in a competitive environment. Based on this, we set out the main idea of the article as follows: increased emphasis on the factors of a knowledge-based economy affects the growth of the country’s competitiveness, which contributes to its better sustainability. To verify the idea, we used a multi-criteria evaluation of countries by the TOPSIS method and a subsequent regression model. We examined developments in the EU countries over a period of 11 years in selected indicators typical for the knowledge economies, in the area of competitiveness. Finally, we examined the sustainability of EU countries. Based on the findings of these methods, we identified the leading country—Sweden—in the field of knowledge economy, competitiveness, and sustainability.

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