Search results

1 – 10 of over 108000
Article
Publication date: 1 April 2003

Georgios I. Zekos

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination…

67504

Abstract

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.

Details

Managerial Law, vol. 45 no. 1/2
Type: Research Article
ISSN: 0309-0558

Keywords

Article
Publication date: 1 June 2003

Jack Wood

Understanding the concept of a knowledge‐based economy; having a vision to make a new knowledge economy competitive; and creating and implementing a strategy to achieve…

3215

Abstract

Understanding the concept of a knowledge‐based economy; having a vision to make a new knowledge economy competitive; and creating and implementing a strategy to achieve that vision, would all seem to be fundamental steps for any economy striving to compete in the new global knowledge marketplace. While such issues may appear obvious, how many economies have actually responded effectively to these challenges? This paper first examines the concept of a knowledge‐based economy and then evaluates the relative performance of Australia across a profile of key knowledge‐based performance indicators. Finally, the paper addresses some key challenges facing Australia, and most other OECD economies, as they try to compete in this knowledge race in the new millennium.

Details

Journal of Intellectual Capital, vol. 4 no. 2
Type: Research Article
ISSN: 1469-1930

Keywords

Article
Publication date: 31 May 2012

Allam Ahmed and Amer Al-Roubaie

The purpose of this paper is to highlight the importance of innovation and technological learning in building a knowledge-based economy in the Muslim world. Despite…

1121

Abstract

Purpose

The purpose of this paper is to highlight the importance of innovation and technological learning in building a knowledge-based economy in the Muslim world. Despite abundant financial and human capital, most Muslim countries still lack adequate scientific and technological infrastructure to absorb, apply and create knowledge and disseminate information.

Design/methodology/approach

Using various major international institutions’ databases (UN, World Bank, OCED, etc.), a holistic approach is used to analyse the critical role of science, technology and innovation to build a knowledge-based economy in Muslim countries.

Findings

This paper examines the main challenges facing Muslim countries to build a knowledge-based economy driven by innovation and technological learning. In doing so, a framework for building an effective innovation system that will achieve a knowledge-based economy in Muslim countries is presented, taking into account a variety of international, institutional and intellectual perspectives.

Originality/value

Given the scarcity of information and data about the subject area on Muslim countries, the study uses several sources of secondary data which are considered the most valid and reliable data available internationally about the subject.

Details

World Journal of Science, Technology and Sustainable Development, vol. 9 no. 2
Type: Research Article
ISSN: 2042-5945

Keywords

Book part
Publication date: 26 October 2021

Denise Bedford and Thomas W. Sanchez

In this chapter, the authors highlight the emerging discipline of network sciences and the evolution and adaptation of human networks. The change is considered in the…

Abstract

Chapter Summary

In this chapter, the authors highlight the emerging discipline of network sciences and the evolution and adaptation of human networks. The change is considered in the context of a shifting economic landscape and the importance of knowledge in the twenty-first-century knowledge economy. The chapter offers a fundamental definition of networks and explores the shifting geography of networks. Specifically, the authors explore door-to-door, place-to-place, and person-to-person network geographies. The authors model economic systems as networks and explain the role of human, structural, and relational capital as nodes, messages, and links in networks.

Details

Knowledge Networks
Type: Book
ISBN: 978-1-83982-949-9

Article
Publication date: 30 September 2014

Amer Al-Roubaie and Shafiq Alvi

The purpose of this paper is to discuss the potential impact that collaboration between East and West could have on sustainable development. Greater emphasis in this paper…

Abstract

Purpose

The purpose of this paper is to discuss the potential impact that collaboration between East and West could have on sustainable development. Greater emphasis in this paper will be placed on the benefit that developing countries gain from building collaborative relations with the West. Obtaining access to knowledge and technology will enable developing countries to speed up the process of socio-economic transformation and sustain development. Developing countries can leapfrog by making use of the existing knowledge in the West.

Design/methodology/approach

This paper provides descriptive assessment of the relationship between East and West to foster growth and sustain development. The paper uses newly developed ideas to build capacity for knowledge transfer to create linkages and accelerate the process of economic growth. The approach to knowledge-based development requires the creation of an enabling environment driven by skills, innovation, institutions and ICT.

Findings

The paper suggests that knowledge transfer enables developing countries to sustain development. Access to global/western knowledge allows developing countries to diversify their economic structure and increase productivity. Technological learning and knowledge absorption permit these countries to leapfrog by surpassing several stages in their development.

Practical implications

Information in this paper provides insight into the merits of the new economy and the potential benefits that developing countries can obtain from participating in the global economy. Indigenous knowledge and local innovation are important for local development, which can be enhanced through technology transfer and knowledge dissemination.

Originality/value

Unlike traditional economic theories in which capital and labor provide the main inputs in production, this paper discusses a new approach to development where knowledge, skills and innovation represent the main forces behind growth. The paper explores new ideas to generate linkage and sustain development.

Details

World Journal of Science, Technology and Sustainable Development, vol. 11 no. 4
Type: Research Article
ISSN: 2042-5945

Keywords

Book part
Publication date: 12 June 2015

Denise A. D. Bedford, Jennifer K. Donley and Nancy Lensenmayer

The transformation from an industrial to a knowledge economy and society are underway. In the knowledge economy, the knowledge of people and organizations—their…

Abstract

The transformation from an industrial to a knowledge economy and society are underway. In the knowledge economy, the knowledge of people and organizations—their intellectual capital assets—are the primary factors of production and the source of wealth. This is in contrast to other kinds of capital that fueled the industrial and the agricultural economies. Librarians have understood the knowledge society as one characterized by an increased focus on digital resources and an expanded use of virtual channels to deliver those resources. However, the nature of the knowledge society and economy is far more expansive than a digital environment. A knowledge society is one in which all members of a society engage in knowledge transactions—in the business environment, in the social sphere, in civic activities, and in everyday environmental actions. This view of the knowledge society presents new opportunities for librarians to leverage their intellectual capital. This chapter profiles the intellectual capital assets of librarians, considers how they align with professional competencies, and presents use cases that illustrate the value of these assets. Future scenarios illustrate how traditional functional competencies might shift in the knowledge economy. These also suggest contexts which highlight undervalued or new competencies. Seven observations describe how librarians might prepare for expanded roles in the knowledge society.

Details

Current Issues in Libraries, Information Science and Related Fields
Type: Book
ISBN: 978-1-78441-637-9

Keywords

Abstract

Details

Knowledge Economies and Knowledge Work
Type: Book
ISBN: 978-1-78973-778-3

Book part
Publication date: 14 August 2014

Chijioke J. Evoh, Christopher Byalusago Mugimu and Hopestone K. Chavula

This chapter evaluates the readiness of the higher education system to contribute to the competitiveness of African countries in the knowledge economy. Using institutions…

Abstract

This chapter evaluates the readiness of the higher education system to contribute to the competitiveness of African countries in the knowledge economy. Using institutions of higher learning in Kenya and Uganda as case studies, the study demonstrates that the higher education system in Africa is ill-equipped to fulfill the role of knowledge production for the advancement of African economies. The chapter proposed promising ways through which higher education in the region can play a more fulfilling role to the global knowledge economy through the formation of relevant skills for the growth of African economies. In an era where knowledge assets are accorded more importance than capital and labor assets, and where the economy relies on knowledge as the key engine of economic growth, this chapter argues that higher education institutions in Africa can assist in tackling the continent’s challenges through research in knowledge creation, dissemination, and utilization for improved productivity. These institutions need to engage in design-driven innovation in the emerging knowledge economy. To enhance their contributions toward human capital development and knowledge-intensive economies in the region, it is imperative to employ public-private initiatives to bridge and address various challenges and gaps facing universities and research institutions in Africa.

Details

The Development of Higher Education in Africa: Prospects and Challenges
Type: Book
ISBN: 978-1-78190-699-6

Article
Publication date: 4 May 2010

Anne Bang, Christine Mølgaard Cleemann and Pia Bramming

The main purpose of this paper is to explore and revitalise key contributions of Peter Drucker for the understanding of how changing conditions in the economy radically…

2716

Abstract

Purpose

The main purpose of this paper is to explore and revitalise key contributions of Peter Drucker for the understanding of how changing conditions in the economy radically alter the ways business value is created. Second, the authors wish to demonstrate how the changes in key economic resources pose altogether different challenges and opportunities for management research and practice.

Design/methodology/approach

Taking Peter F. Drucker as a point of departure, the paper presents a conceptual reflection of the conditions and new challenges for the creation of business. Drucker's insights are discussed and accelerated with a philosophical and sociologically inspired position on management.

Findings

The paper demonstrates that the creation of business value in the knowledge economy is highly immaterial and socially embedded. This demands a broadening of perspective to (ontologically) encompass both the technical and the social. Production and the value of consumption cannot be measured independently of the affects produced in the consuming, social subject.

Practical implications

The paper helps to conceptualise the productivity of knowledge work in the new economy in order to direct managerial practice towards the basics of value driving production.

Social implications

Both the production of business value as well as the working conditions of this production must be readdressed in respect of both the creative and the repressive forces of how social subjects are formed.

Originality/value

The paper illustrates that the economy is faced with new challenges following the changing relationship between the creation of business value from the optimisation and exploitation of knowledge as the new key economic resource.

Details

Management Decision, vol. 48 no. 4
Type: Research Article
ISSN: 0025-1747

Keywords

Article
Publication date: 1 March 2004

Judy McGregor, David Tweed and Richard Pech

The burgeoning literature about the knowledge economy has marginalised its most important dimension – people. The development of human capital and its role in the…

4667

Abstract

The burgeoning literature about the knowledge economy has marginalised its most important dimension – people. The development of human capital and its role in the competitive advantage of business is discussed in relation to the changed nature of the employment relationship. In particular Drucker's concerns about the threat to business of attenuated relationships between workers and their organisations are examined. Contextual factors such as the dynamic nature of labour markets, the centrality of profit making and the definitional difficulties inherent in the new and old economy dichotomy are acknowledged. A transitional model of human capital in the new economy is suggested as a way of modernising traditional thinking. An analysis of the capabilities required by new economy workers leads to a discussion of the corresponding competencies necessary for managers. The paper concludes that changed employment relationships do not spell death to people development. Rather it makes managing talent different and more challenging.

Details

Journal of Intellectual Capital, vol. 5 no. 1
Type: Research Article
ISSN: 1469-1930

Keywords

1 – 10 of over 108000