IDEAS home Printed from https://ideas.repec.org/a/rom/rmcimn/v10y2009i4p745-754.html
   My bibliography  Save this article

Competitiveness in the Knowledge-Based Economy

Author

Listed:
  • Stefan NEDELEA

    (Bucharest Academy of Economic Studies, Romania)

  • Laura Adriana PAUN

    (Bucharest Academy of Economic Studies, Romania)

Abstract

In a globalizing economy, competitiveness means information and know-how rather than capital and physical assets. The function of knowledge management is therefore to allow organizations to leverage their information resources and knowledge assets by remembering and applying experience. An organization’s ability to compete on the market is increasingly seen as depending on the skills and knowledge of its employees, regarded as intellectual capital, and on its capacity to preserve and use as much as possible of this knowledge in knowledge-bases and expert-systems. However, knowledge evolves rapidly, due to the continuous changes of the business environment, and the useful life span of the organizational skills is decreasing, which means the survival and competitiveness of an organization is linked to its ability to produce and use knowledge as well as to include the results of the learning process in organizational competences and virtual products.

Suggested Citation

  • Stefan NEDELEA & Laura Adriana PAUN, 2009. "Competitiveness in the Knowledge-Based Economy," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(4), pages 745-754, October.
  • Handle: RePEc:rom:rmcimn:v:10:y:2009:i:4:p:745-754
    as

    Download full text from publisher

    File URL: https://www.rmci.ase.ro/no10vol4/Vol10_No4_Article13.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Archibugi, Daniele & Lundvall, Bengt-Ake (ed.), 2001. "The Globalizing Learning Economy," OUP Catalogue, Oxford University Press, number 9780199241095.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:ath:journl:tome:30:v:2:y:2013:i:30:p:171-178 is not listed on IDEAS

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rosemary Deem & Rachel Johnson, 2003. "‘Risking the University? Learning to be a Manager-Academic in UK Universities’," Sociological Research Online, , vol. 8(3), pages 17-31, August.
    2. Fred Gault, 2013. "Innovation indicators and measurement: challenges," Chapters, in: Fred Gault (ed.), Handbook of Innovation Indicators and Measurement, chapter 19, pages 441-464, Edward Elgar Publishing.
    3. Yannis Pierrakis & George Saridakis, 2019. "The role of venture capitalists in the regional innovation ecosystem: a comparison of networking patterns between private and publicly backed venture capital funds," The Journal of Technology Transfer, Springer, vol. 44(3), pages 850-873, June.
    4. Fred Gault (ed.), 2013. "Handbook of Innovation Indicators and Measurement," Books, Edward Elgar Publishing, number 14427.
    5. Avnimelech, Gil & Teubal, Morris, 2007. "Innovation and technology policy (ITP) for catching up: a three phase life cycle framework for industrializing economies," Estudios y Perspectivas – Oficina de la CEPAL en Buenos Aires 36, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    6. Franz Tödtling & Markus Grillitsch, 2015. "Does Combinatorial Knowledge Lead to a Better Innovation Performance of Firms?," European Planning Studies, Taylor & Francis Journals, vol. 23(9), pages 1741-1758, September.
    7. Bjørn Asheim & Lars Coenen & Jan Vang, 2007. "Face-to-Face, Buzz, and Knowledge Bases: Sociospatial Implications for Learning, Innovation, and Innovation Policy," Environment and Planning C, , vol. 25(5), pages 655-670, October.
    8. Madalina Constantinescu, 2008. "Knowledge Management Through The Lens Of Innovation And Labour Productivity In A Knowledge Based Economy," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 3(2(4)_Summ).
    9. Yawson, Robert M., 2009. "The ecological system of innovation: A new architectural framework for a functional evidence-based platform for science and innovation policy," MPRA Paper 33179, University Library of Munich, Germany.
    10. Schwartz, Michael, 2006. "Die Learning Economy aus Netzwerkperspektive: Mechanismen und Probleme," Jena Contributions to Economic Research 2006,4, Ernst-Abbe-Hochschule Jena – University of Applied Sciences, Department of Business Administration.
    11. Jarle Moss Hildrum, 2009. "Sharing Tacit Knowledge Online: A Case Study of e-Learning in Cisco's Network of System Integrator Partner Firms," Industry and Innovation, Taylor & Francis Journals, vol. 16(2), pages 197-218.
    12. Santos LÓPEZ-LEYVA & Miriam Liliana CASTILLO-ARCE & José David LEDEZMA-TORRES & Jesús Armando RÍOS-FLORES, 2014. "Economic Growth from a Theoretical Perspective of Knowledge Economy: An Empirical Analysis for Mexico," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 2(5), pages 217-239, August.
    13. Antonelli, Cristiano, 2008. "Pecuniary Externalities: the Convergence of Directed Technological Change and the Emergence of Innovation Systems," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200807, University of Turin.
    14. Daniele Archibugi & Andrea Filippetti & Marion Frenz, 2018. "Investment in innovation for European recovery: a public policy priority," Management Working Papers 16, Birkbeck Department of Management, revised Feb 2021.
    15. Oyelaran-Oyeyinka, Banji, 2004. "A Systems Perspective on Inter-Firm and Organizational Collaboration in African Industry," UNU-INTECH Discussion Paper Series 2004-18, United Nations University - INTECH.
    16. Archibugi, Daniele & Bizzarri, Kim, 2004. "Committing to vaccine R&D: a global science policy priority," Research Policy, Elsevier, vol. 33(10), pages 1657-1671, December.
    17. Franz Tödtling & Christoph Höglinger & Markus Grillitsch, 2012. "Knowledge relations and innovation from a regional perspective," Chapters, in: Roberta Capello & Tomaz Ponce Dentinho (ed.), Networks, Space and Competitiveness, chapter 5, pages 107-134, Edward Elgar Publishing.
    18. Parrilli, Mario Davide & Alcalde Heras, Henar, 2016. "STI and DUI innovation modes: Scientific-technological and context-specific nuances," Research Policy, Elsevier, vol. 45(4), pages 747-756.
    19. Nicola Francesco Dotti & Ugo Fratesi & Camilla Lenzi & Marco Percoco, 2013. "Local Labour Markets and the Interregional Mobility of Italian University Students," Spatial Economic Analysis, Taylor & Francis Journals, vol. 8(4), pages 443-468, March.
    20. Giuseppina Talamo & Michele Sabatino, 2018. "Reshoring in Italy: a recent analysis," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 12(4), December.

    More about this item

    Keywords

    knowledge-base; competitiveness; learning organization; expert-systems; ontology.;
    All these keywords.

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rom:rmcimn:v:10:y:2009:i:4:p:745-754. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marian Nastase (email available below). General contact details of provider: https://edirc.repec.org/data/mnasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.