Knowledge-based services and economic development

Author(s):  
Andrew Johnston ◽  
Robert Huggins
Author(s):  
Bhaskar Bhowmick ◽  
Susmita Ghosh

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.


2017 ◽  
pp. 2108-2128
Author(s):  
Bhaskar Bhowmick ◽  
Susmita Ghosh

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.


Author(s):  
Jacek May ◽  
Krzysztof Wiedermann ◽  
Przemysław Śleszyński

This research deals with the presence and potential of the manufacturing industry in the urban settlements of Łódzkie Voivodeship. Its cognitive goal is to recognise the present share of industry in the economic and functional base of those settlements that, as a result of the system transformation, underwent restructuring and deindustrialisation, and the shrinking of its economic base. The re-development of this base and functions, appropriate to the role of towns and cities in the settlement system, requires new paths and indicating them is the application objective of the research. The work is based on the theory of the economic base of settlements, using statistical and cartographic methods including ‘heat maps’ as well as ‘employment surplus’ and the Amemiya indicator. Studies have shown that both economic and industrial potential are concentrated in the urban settlements of the Łódź agglomeration but decrease especially towards the south and south-east, and that traditional sectors still dominate. Despite intensive deindustrialisation, industry still plays a significant role in the economic base and functions of most small and medium towns of the voivodeship, as well as parts of some large urban settlements. Further economic development, and the role in it of small and medium towns depends on their further industrialisation or re-industrialisation, while of large and medium urban centres – on knowledge-based services.


Management ◽  
2021 ◽  
Vol 32 (2) ◽  
pp. 9-24
Author(s):  
Svitlana Breus ◽  
Yevheniia Khaustova ◽  
Mykola Denysenko ◽  
Svitlana Bondarenko ◽  
Nataliia Kyrylko

Background and objectives. The problem of competitiveness of institutions of higher education (IHE) is one of the key tasks, the solution of which will help increase the socio-economic development of the country. In the context of Ukraine's European integration interests, competition between Ukrainian and foreign IHEs is intensifying, which encourages the former to find ways of their own competitiveness (which is largely determined by the competitiveness of its graduates and the ability to generate knowledge-based innovations) as a result of using appropriate factors that are directly dependent on increasing competitiveness in the context of its management.Methods. Methods of profiles and ratings using separate methods of comparative, statistical and economic-mathematical analysis (factor analysis), with the formation of an appropriate system of indicators.Findings. The results of assessing the competitiveness of KNUTD indicate a decrease in the level of competitiveness of IHEs. It has been estimated that during 2017–2019 it was at a low level (0.542, 0.541 and 0.466, respectively), which according to the proposed scale for determining the level of competitiveness of IHEs (developed using the golden ratio method) is in the range of 0.383–0.618. Conclusion. Based on studying and assessing the competitiveness of IHEs to improve it in the context of its management and ensure the strategic development of IHEs within the implementation of relevant strategic alternatives and proposed generalized areas, as well as certain factors of competitiveness, it has been determined appropriate to forecast the indicators underlying the calculation of the KNUTD competitiveness, using an improved methodological approach to the main proposed measures.


2014 ◽  
Vol 13 (5) ◽  
pp. 1047 ◽  
Author(s):  
Mohamed Imam Salem

A knowledge-based economy is one of the vital components of modern economies. Growth in most of the economies of the world, and most developed economies in particular, are increasingly based on knowledge. In a knowledge-based economy, economic development is dependent on investments in education, learning and training, among others. Universities are today becoming aware of the essential role that higher education plays in the construction of knowledge-based economies. The kingdom of Saudi Arabia (KSA) has adopted the drive toward a knowledge-based economy through focusing on the higher education sector. Saudi Universities are playing a pivotal role toward the Kingdom's transition into a knowledge-based economy and hence achieving economic growth and development. The purpose of this paper is to critically examine the important role that universities play in building a knowledge-based economy through innovation, research commercialization, and technology transfer as economic development policies. The role of universities in building a knowledge-based economy in Saudi Arabia is also investigated. The paper confirms that Saudi universities are considered as a very important entity in the aim for the Saudi economy to achieve sustainable growth and development.


Author(s):  
Indraneel Kumar ◽  
Lionel J. Beaulieu ◽  
Andrey Zhalnin ◽  
Chun Song

This paper explores occupational or human capital attributes of transportation and logistics clusters in the U.S., by analyzing logistics clusters, such as Memphis and uncovers the differences in occupations or knowledge and skill contents of the workforce. The research builds on previous studies funded by the U.S. Economic Development Administration on U.S. occupation clusters providing insights on logistics clusters from a human capital perspective. The study draws specifically from the industry-and-occupation cluster crosswalks building on previous research on occupation cluster industry cluster-location quotient (OCIC-LQ), and recent research on computerization and automation of occupations. The research questions include how knowledge occupation clusters differ in specialization within the select logistics clusters. How can occupation clusters inform the traditional cluster-based economic development policies in the U.S.? How might automation impact the logistics cluster? The findings show that transportation and logistics clusters are unique in knowledge-based occupations with some commonalities found in different locations. Based on occupational and staffing patterns, nearly 71% of occupations or tasks and activities within the transportation and logistics cluster in Memphis is at risk of automation. The research builds a case for place-based cluster development and people-based workforce development for transportation and logistics cluster in the U.S.


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