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"The Knowledge Triangle" In A Knowledge-Based Society

Author

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  • Rus Mircea-Iosif

    (Univ. Babes Bolyai,Fac. de St. Econ. si Gest. Afacerilor, INCD URBAN INCERC Suc. Cluj-Napoca)

Abstract

The knowledge-based society is the stage where mankind is found and aims to raise the living standards of population but also to increase the level of knowledge. To achieve this latter goal, the states of the world, and especially those in the European Union, must ensure an adequate funding for its realization, and therefore in 2011 it was decided at EU level the achievement of an Innovation Union, in which are to be involved all the European countries, while to stimulate and finance research and innovation the Horizon 2020 program was proposed. The results of the Program, an "Innovation Union" have begun to be felt, so in 2011, the major companies headquartered in the European Union increased their investments in R&D by 8.9% compared to 6.1% in 2010. This increase was almost equal to that of the U.S.A. companies (9%), higher than the world average (7.6%) and superior to Japanese companies (1.5%). The sectors that used the research-development activity have tended to have increases in employment above average. I believe this information highlights the fact that the European Union may become attractive for research-development and innovation investments even for businesses outside the UE, and this can result in jobs creation and increasing competitivenees of this field of the states of the European Union. In the introductory part of the article, I have briefly presented general notions of the three component activities of the "knowledge triangle", in the second part I presented the knowledge society with several features, in the third part, I showed some provisions of the program to stimulate research and innovation Horizon 2020, in the fourth part, I presented an innovation activity connection to private enterprise and entrepreneurial initiative stimulation in the field innovation, and the conclusions shows that research does not stop with achieving the objectives and finding the outcomes research, but is it the background for further research, especially in the context of a new economy", where innovation through knowledge is the most important.

Suggested Citation

  • Rus Mircea-Iosif, 2013. ""The Knowledge Triangle" In A Knowledge-Based Society," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 942-947, July.
    • Handle: RePEc:ora:journl:v:1:y:2013:i:1:p:942-947
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    References listed on IDEAS

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    1. Fernando Hervás Soriano & Fulvio Mulatero, 2010. "Knowledge Policy in the EU: From the Lisbon Strategy to Europe 2020," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 1(4), pages 289-302, December.
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    2. Ionela Tofan & Elena Condrea, 2022. "Business performance in IT. A multivariate regression analysis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 217-226, Decembrie.
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    5. Gabriela Iuliana Paraschiv (Ganea) & Mari-Isabella Stan, 2023. "A Brief Survey Concerning Environmental Action: The Need for Collective Engagement," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 182-191, August.
    6. AIVAZ Kamer-Ainur & TOFAN Ionela, 2022. "The Synergy Between Digitalization And The Level Of Research And Business Development Allocations At Eu Level," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 17(3), pages 5-17, December.
    7. Iulia-Oana FLOREA & Kamer-Ainur AIVAZ, 2022. "A Dynamic Analysis of Economic Crime in Europe: The Role of the European Institutions in the Prevention of Economic Crimes in the COVID-19 Pandemic," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 17-28.
    8. Mircea-Iosif Rus, 2022. "The Importance and Necessity of Heritage Evaluation," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 1010-1014, Decembrie.
    9. Oana-Iulia Florea & Kamer-Ainur Aivaz & Diane-Paula Vancea, 2022. "Exploratory Study on the Types of Economic Crimes at EU Level," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 68-76, Decembrie.

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    More about this item

    Keywords

    research; innovation; financing; knowledge society;
    All these keywords.

    JEL classification:

    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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