Assembling Industrial Ecosystems for a Knowledge City

Author(s):  
Carlos Scheel ◽  
Nathalíe Galeano

Economic forces and industrialization are determinant factors in wealth creation; however, an important part of the equation has been omitted by most of the industrial and social players, especially in developing countries. The business cycle’s impact on the environment, on the life cycle assessment, and on the biocapacity of the earth has had a tremendous effect on the equilibrium of all the sub-systems (economic, social, and environmental resources). Based on these systemic requirements, a synergistic approach involving all the stakeholders has been collated and a systemic framework, the Sustainable WIT Model has been developed, and is designed to build “sustainable clusters of high value, globally competitive industries” for developing regions. This paper discusses how the Sustainable WIT Model has been applied to one of the most important industries currently having an impact on economic, social, and environmental ecosystems worldwide - the sustainable construction industry - in a region where it is creating suitable conditions for a city to become part of a knowledge-based economy. The SWIT Model considers the economic growth of the industrial life cycle as a priority, but also includes other external forces that have previously been ignored, such as societal impact, human well-being, and bio capacity, in such a way that the sustainability cycle can be economically viable.

2022 ◽  
pp. 196-228
Author(s):  
Cristina Raluca Gh. Popescu

There is an unprecedented pressure that both individuals and businesses endure, especially when considering changes and challenges brought by the COVID-19 pandemic and the COVID-19 crisis. Mindfulness seems to become an integrated part of people's lives, in the attempt to be more concentrated on their daily tasks, more focused on living in the present moment, more determined to eliminate anxiety and stress. In like manner, mindfulness in business seems to become a key solution to stronger entrepreneurship and highly successful workplace relationships. Thus, the new economy, the knowledge-based economy, centers its attention on the powerful links and opportunities that may be encountered between well-being, mental health, and mindfulness, seeking a way to create valuable mindfulness business principles, capable of producing outstanding results, empowering people, facilitating cooperation, allowing good governance, inducing corporate social responsibility, fostering community connections, enabling competitiveness, and supporting sustainability, development, and environmental balance.


2021 ◽  
Vol 44 (1) ◽  
pp. 7-18
Author(s):  
Kinga Machowicz

The goal of the article is to determine the role played by observance of human rights in shaping the position of the European enterprise in the knowledge-based economy. It has been assumed that the condition most expected by an entrepreneur is to achieve a competitive advantage. The concept of observance of human rights in conducting business activities is connected with business ethics and the idea of corporate social responsibility, while economic well-being can be achieved in the conditions of a knowledge-based economy.  One of the conditions for the survival and development of the employer conducting business activities in the knowledge-based economy is to effectively motivate employees to reveal their knowledge and use it in practice. Non-financial motivation may involve the feeling of identification with the employer.


2016 ◽  
Vol 22 (1) ◽  
pp. 227-232
Author(s):  
Andreea Simina Răulea ◽  
Constantin Oprean ◽  
Mihail Aurel Ţîţu

Abstract As a concept, knowledge covers vast ground and has multiple meanings. In the present day, it is frequently encountered through the term ‘knowledge economy,’ which is usually used to refer to the importance of knowledge as a contemporary commodity. Public awareness of the importance of intellectual property in the information age is essential to the successful implementation and growth of the knowledge economy. Most people do not have a very clear idea about the role of intellectual property in encouraging creativity and the importance to our economic well-being. While it is necessary to increase public awareness in this area, it will not be easy. Intellectual property is typically perceived as being incomprehensible because just a little part of the people has education in this field. IP education means the skills and competences that young people can be expected to acquire in the classroom that enable them to become familiar with intellectual property, understand its potential to generate income and economic growth and lead them to respect IP rights. This paper will present the role that universities play in the development of the knowledge based economy and the need to have more educational programs in this field.


1999 ◽  
Vol 13 (4) ◽  
pp. 315-322 ◽  
Author(s):  
Russell J. Lundholm

In the last few years the financial accounting model has been attacked on a number of fronts. Some argue that the model reports irrelevant information in today's knowledge-based economy, while others argue that the model's reporting discretion makes the results unreliable. Accruals allow the model to report wealth creation or depletion in a more timely manner, yet they also allow abuse when the underlying estimates are intentionally distorted. But surprisingly, the accuracy of the estimates underlying the accruals is never examined; rather current accruals are mixed together with the reversals of prior accruals. I propose that the financial reporting model be amended to report on the ex post accuracy of a firm's prior estimates. Doing so will identify firms that have abused their reporting discretion in the past and provide valuable information about the expected credibility of the firm's disclosures in the present. Firms will also have a greater incentive to make accurate estimates and accruals if they know that opportunistic estimates will be explicitly revealed in the future. Finally, accounting regulators might be more inclined to recognize nontraditional assets in the financial statements if a system is in place that gives firms an incentive to accurately estimate the value of these assets. In this paper I give an example of the type of disclosure I am proposing, discuss the benefits it offers to investors, and address some practical implementation issues.


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

Europe has entered a new phase of growth in its history, and characterized by the fast deployment of modern electronic communications networks and information systems in the broader scope of a competitive, dynamic and knowledge-based economy. Network and information security is an essential evolving concept among current strategic issues. These can impact on a wide range of existing/emerging policies, citizens’ concerns, including the protection against crime and terrorist threats, and the adaptation of governance structures to effectively deal with such matters and to preserve national security, public safety and the economic well-being of the State. In this context, several measures (legal, regulatory and technical provisions) have been adopted by the European Union to ensure data protection, citizen privacy and the legitimate interest of legal persons. However, member states preserve the right to carry-out lawful interception of electronic communications, or take other measures such as retention of traffic data, when necessary, for exact and specific purposes, to preserve security and to meet the generally recognised objectives of preventing and combating crime and terrorism. The current work examines the “balance” between these two fundamental policy requirements, with the aim of offering a high level of protection in an area of liberty, security and justice.


2020 ◽  
Vol 7 (1) ◽  
pp. 67-84
Author(s):  
Kristina Jovanova

Economic globalization results in unbalanced development and growing inequality between the centre and the periphery of the global economic map. This process is driven by the expansionist policies of the corporations and the financial capital, being in collision with the social protection system. Markets are good for wealth creation, but they fail to take care of the citizens’ social needs. Social justice is a public good that can be provided for only by means of the political process. Globalization fails to meet the needs of the ultimate beneficiary of the development processes - the citizen. The modality in which economic localization foundations were set in the development and transitional economies, did not exhibit clear development capacities in order to improve the global position of these countries. Alternative development strategies are required in order to keep the territorial integrity of the nation-state and radical reforming of the central government role in the process is a prerequisite. The main driving force of the sustainable governance concept refers to the participation, knowledge and information distribution and cooperation among stakeholders. Economic prosperity is dependent on the effectiveness in production, collection and use of knowledge in the economic processes. Economy converts into a hierarchy of networks and what comes out as a result is a network society in which individual or corporative capacity for participation and networking determines the socio-economic position. Knowledge - Based Economy (KBE) refers to an economy that applies information resources, technology and knowledge into the economic development processes. Innovations entail increased communication intensity and feedback among companies, academic institutions, laboratories, consumers. They are a result of a number of interactions and synergies of specific innovative systems that tend to expand outside national borders, ideally becoming global, incorporating numerous global-local connections. (JEL Q01, F60, F00)


Author(s):  
Priti Jain

In this Knowledge-based economy knowledge is the driver of economic growth and knowledge management (KM) is seen as a strategic tool by most successful organizations. ICTs have transformed the way information and knowledge are acquired, created, stored and shared. These days, social media has become a mainstream for internal and external communication, collaboration and knowledge sharing. As the importance of KM is increasing, the numbers of ethical and legal issues also are escalating through-out the KM life-cycle from knowledge creation to knowledge maintenance, such as, issues related to privacy, confidentiality, plagiarism, ownership and intellectual property. Advanced technologies have raised new concerns and issues regarding KM and business at large in the form of ethical challenges. This chapter discusses the ethical and legal issues in Knowledge Management Life-Cycle in Business. In its conclusion, the chapter presents recommendations to overcome some of the ethical and legal challenges of KM in business.


2021 ◽  
Vol 7 (6) ◽  
pp. 219-226
Author(s):  
Amr Elsayed Elnashar ◽  
Hossam Elnashar ◽  
Elsayed A Elnashar

Based on the Solar Textile “SOLTEX” objectives,2 the Egyptian National Strategy for applications for solar Textile.1 The Purpose of the article with a view to being a national guide for moving forward towards the future textile industry in this field, by monitoring the available components of a textile science, technology and innovation system, and introducing operational components and programs. With specific of “SOLTEX” solar textiles, and mechanisms, in cooperation and communication with all “SOLTEX” solar textiles, and relevant international bodies. The Results Obtained : Applications for solar Textile have been identified , that the Technology and innovation should be developed, Resulting to develop a formula for the complete and continuous linkage between the research, technology and innovation sector and the industry, and services sector by utilizing the human and material resources available with the solar textile enterprises” SOLTEX" throughout Egypt, in a way that supports the state's orientation towards a knowledge-based economy, that achieves progress, prosperity and well-being, that the Egyptian society desires and the needs of Africa and the Middle East to increase the economy.


2015 ◽  
Vol 66 (1) ◽  
pp. 176-181
Author(s):  
Aurel Mihail Tîţu ◽  
Constantin Oprean ◽  
Andreea Simina Răulea

Abstract The transition to the knowledge-based economy and society requires adaptation to constant change that implies intellectual property as a multidimensional concept that continually leaves its mark on generations contributing to their well-being in obvious and undeniable ways. The main objective of this article was to assess the present level of the management of intellectual property in a state university in Romania displaying their strengths and weaknesses. The overall objective of the work is to analyze the state of the art in a Romanian state university in order to find solutions to the current problems that the Romanian scientific environment is facing. The conclusions drawn in the study converge in directions and proposals for improving the way in which the intellectual property is regarded and its management in the state universities of Romania.


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