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The Knowledge Based Economy And Knowledge Management

Author

Listed:
  • Lupsa Dana
  • Constantin Sanda

    (Transilvania University of Brasov Faculty of Economical Science Brasov, Romania)

Abstract

For the past years, information and knowledge are replacing capital and energy as the primary wealth-creating assets, generating a new type of economy, and called knowledge based economy (KBE), within knowledge management is the main instrument for the companies to obtain competitive advantage. Given the goal of EU established at Lisbon and the perspective of Romania’s accession to EU, Romanian companies must align their management practices with knowledge management in order to survive on a broader and international market and in order to obtain competitive advantage.

Suggested Citation

  • Lupsa Dana & Constantin Sanda, 2007. "The Knowledge Based Economy And Knowledge Management," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(7), pages 61-64, April.
    • Handle: RePEc:aio:rteyej:v:1:y:2007:i:7:p:61-64
    as

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    File URL: http://feaa.ucv.ro/RTE/007-08.pdf
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    More about this item

    Keywords

    knowledge management; knowledge based economy;

    JEL classification:

    • G00 - Financial Economics - - General - - - General
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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