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Article
Publication date: 9 January 2009

Miguel Goede

The purpose of this paper is to present a case study of the creative class of Curaçao, which is a small Caribbean island coping with globalisation. The paper will contribute to…

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Abstract

Purpose

The purpose of this paper is to present a case study of the creative class of Curaçao, which is a small Caribbean island coping with globalisation. The paper will contribute to the development of a framework for the discussion of the Creative Economy.

Design/methodology/approach

The paper contributes to the development of a framework for understanding the Creative Economy. This framework is then applied to the case of Curaçao. After analysis, conclusions are drawn.

Findings

In Curaçao there are many conditions present which support the development and creation of the creative class or attract it from other locations. On the other hand, policies should be put in place to retain the creative class. The theories and methods relating to the creative class are not yet fully developed.

Originality/value

The paper contributes to a framework for understanding the Creative Economy of small Caribbean islands.

Details

International Journal of Social Economics, vol. 36 no. 1/2
Type: Research Article
ISSN: 0306-8293

Keywords

Book part
Publication date: 15 September 2022

Irge Şener

Digitalization has a profound impact on economies as a whole, and on sectors, businesses, and daily life. Digitalization is possible through development of a variety of digital…

Abstract

Digitalization has a profound impact on economies as a whole, and on sectors, businesses, and daily life. Digitalization is possible through development of a variety of digital technologies which led to creation of digital products and services in almost every sector. Almost all sectors benefit from digital technologies; however, there are also challenges about digitalization which encounters conflicts. These conflicts are either macro-level or related to digitalization of business processes. With efficient functioning of governmental policies, macro-level conflicts could be diminished or prevented. Conflicts arising from business process could be avoided by improvement of business relations.

Details

Conflict Management in Digital Business
Type: Book
ISBN: 978-1-80262-773-2

Keywords

Article
Publication date: 24 February 2012

Miguel Goede, Rostam J. Neuwirth and G. Louisa

The purpose of this paper is to present a case study of the creation of a Knowledge Zone (K‐Zone) in Curaçao to provide an insight into how a Knowledge Zone is established. After…

Abstract

Purpose

The purpose of this paper is to present a case study of the creation of a Knowledge Zone (K‐Zone) in Curaçao to provide an insight into how a Knowledge Zone is established. After devising a vision, strategic alliances were formed. This created synergy and momentum, giving the project and process a life of their own.

Design/methodology/approach

The project of creating a K‐Zone is based on a theoretical framework which draws upon the notion of a creative class, and how it can be attracted to a specific location. It also deploys change management methodology, which describes how change is implemented. The theory states that creativity will drive the economy in the future and that societies that are able to attract the creative class will excel. It is not clear what attracts the creative class but it is believed that a certain life style, concentrations of peers and virtual and physical connectivity are essential. To create these conditions some changes must be implemented and these changes are often resisted in the beginning.

Findings

Knowledge Zones can be created if there is a clear shared vision, leadership and alliances that forge synergies. The project was started in 2010 by the UNA under the presidency of Dr Miguel Goede, the Rector Magnificus of the University of the Netherlands Antilles. With the support of the Board of Supervisors, the UNA entered/sought alliances with the nearby Carmabi Research Institute and the neighbouring school for nurses, which opened a new school building within the designated zone. The UNA also provided the impetus to start a campaign to construct a new hospital that was planned for the area neighbouring the university and to start a school of medicine. But the breakthrough came when the local telecom provider, United Telecommunication Services (UTS), decided to provide the university with dedicated internet connections that were capable of the highest speed available on the island.

Originality/value

The paper contributes to a framework for understanding the creative economy of Small Islands Developing States (SIDS) in the Caribbean and how change can be implemented in these settings.

Details

Journal of Information, Communication and Ethics in Society, vol. 10 no. 1
Type: Research Article
ISSN: 1477-996X

Keywords

Article
Publication date: 22 February 2011

Miguel Goede

The purpose of this paper is to explore beyond the knowledge economy and venture into the wise society.

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Abstract

Purpose

The purpose of this paper is to explore beyond the knowledge economy and venture into the wise society.

Design/methodology/approach

The paper is a review of existing publications and original thinking.

Findings

The word is at the dawn of the wise society. Science and universities have a crucial role to play on the path towards such a society.

Originality/value

The paper contributes to the understanding and the development from knowledge to wisdom.

Details

Foresight, vol. 13 no. 1
Type: Research Article
ISSN: 1463-6689

Keywords

Article
Publication date: 31 July 2009

Prateek Goorha

The purpose of this paper is to suggest how enabling policy should be focused in a knowledge economy by developing the concept of a knowledge economy social network (KESN).

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Abstract

Purpose

The purpose of this paper is to suggest how enabling policy should be focused in a knowledge economy by developing the concept of a knowledge economy social network (KESN).

Design/methodology/approach

The paper employs an interdisciplinary approach in developing the KESN by drawing on concepts and methodology from economics, political science and social network theory.

Findings

The KESN's social capital is defined. As such, maintaining accountability, increasing cohesion and connections among knowledge actors are suggested as relevant guidelines for policy in the KESN.

Research limitations/implications

The knowledge economy should ideally be seen as having unique needs compared to the traditional economy in devising policy.

Practical implications

The paper suggests using the KESN as a basis for devising policy for a knowledge economy.

Originality/value

The paper uses an interdisciplinary approach to studying the knowledge economy and introduces the KESN.

Details

International Journal of Social Economics, vol. 36 no. 9
Type: Research Article
ISSN: 0306-8293

Keywords

Book part
Publication date: 8 June 2021

Sandip Kumar Pandit

As we have entered into the twenty-first century, the economy has undergone a great transformation. The economy has literally become weightless. In the weightless economy, the…

Abstract

As we have entered into the twenty-first century, the economy has undergone a great transformation. The economy has literally become weightless. In the weightless economy, the emphasis has shifted from machines, materials, and other physical resources to information and knowledge. Information and knowledge are the thermonuclear competitive weapons nowadays. More and more economic activity has become invisible and intangible. The focal point in the new economy has shifted from exploration of physical objects to exploration of knowledge-based resources and their efficient and effective management. In the last decade of the twentieth century, almost unnoticed revolution in the corporate world took place: the transition from industrial capitalism, where business was based on tangible physical assets, to a new economy, where the production of goods and services and value creation in general depends and relies on invisible intangible assets. The primary objective of the present study is to build a theoretical construct in the field of evolution of knowledge asset with a view to exploration of the concept of knowledge asset and the need for its management in modern-day life. It further aims to investigate through an empirical study the qualitative disclosure of knowledge assets in terms of selected attributes for the Indian Pharmaceutical and IT Industries based on their annual reports. Content Analysis technique has been used to analyze the degree of disclosure of knowledge assets in terms of attributes.

Open Access
Article
Publication date: 31 December 2004

Peter J. Rimmer

New economic geography theorists, who have revived the importance of local roots and highlighted the significance of cities as a source of international competitiveness, have…

87

Abstract

New economic geography theorists, who have revived the importance of local roots and highlighted the significance of cities as a source of international competitiveness, have spurred the global marketing of Incheon. An examination of the new economic geography literature examines the nature of the new localism based on clusters, involving spatial proximity and concentrated face-to-face transaction, agglomeration economies and local knowledge networks. The territorial expression of these ideas is evident in competitive cities and knowledge cities. Both types of cities are embodied in civic attempts to market Incheon as an international city through the development of the international harbor and international airport and a knowledge city at Songdo. As there is no reference to Incheon in the place marketing literature there is a need to market it as Seoul-Incheon and itemize the Capital Region 's key assets and strategic advantages, including logistics and Pentaport - five ports in one - to build a presentation that attracts foreign direct investment and foreign expertise and provokes an energizing debate on the Korean Government's plan to position the country as the hub for international commerce in Northeast Asia. Critics of this place marketing approach designed to make Incheo'} a prosperously middle-class city suggest more evidence is needed before it can be assumed firms locate in cities as a base for export activities to boost their competitiveness. Perhaps there is need to give up the preoccupation with the local focus in cluster analysis and give equal attention to global connections.

Details

Journal of International Logistics and Trade, vol. 2 no. 2
Type: Research Article
ISSN: 1738-2122

Keywords

Book part
Publication date: 30 September 2014

Sanghamitra Bandyopadhyay

This paper examines associations of mass media and information and communications technologies (ICTs) with inequality and poverty. It has been found that newspaper circulation has…

Abstract

This paper examines associations of mass media and information and communications technologies (ICTs) with inequality and poverty. It has been found that newspaper circulation has a robust negative association with inequality. Radios and TVs also have a negative association with poverty. ICT expenditures (as a percentage of GDP) have a negative association with poverty. An ICT index is constructed which also has a negative association with poverty. An instrumental variable analysis confirms the robust negative association between newspaper circulation and inequality.

Details

Economic Well-Being and Inequality: Papers from the Fifth ECINEQ Meeting
Type: Book
ISBN: 978-1-78350-556-2

Keywords

Article
Publication date: 1 August 1999

David Birch

Discusses the limitations of cash as a means of exchange and looks to the digital networks of the future to exploit the new technologies of e‐cash. Highlights the convenience and…

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Abstract

Discusses the limitations of cash as a means of exchange and looks to the digital networks of the future to exploit the new technologies of e‐cash. Highlights the convenience and increasingly widespread use of digital money in business‐to‐consumer and business‐to‐business transactions. The emzergence of common standards and pilot projects on a variety of Internet‐based payment mechanisms by companies such as IBM, Digital, Barclays and Unisource is considered. Looks at the social issues surrounding digital money and the impact of lowering the entry costs in the money business. Options for domain regulation of fiat and private currencies are discussed, concluding that the central issue rests on whether government or the market controls the issuing of e‐cash.

Details

European Business Review, vol. 99 no. 4
Type: Research Article
ISSN: 0955-534X

Keywords

Content available
Book part
Publication date: 8 June 2021

Abstract

Details

Comparative Advantage in the Knowledge Economy
Type: Book
ISBN: 978-1-80071-040-5

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