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Interdependency Between Simulation Model Development And Knowledge Management

Author

Listed:
  • Florica LUBAN

    (Academy of Economic Studies, Bucharest, Romania)

  • Daniela HINCU

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

The paper discusses the relationship between simulation and knowledge management. Simulation models are increasingly being used to simulate processes in many different domains, including urban management, for solving decision problems. Usually, during the model development, the simulation team developing the model must rely on the knowledge provided by domain experts. In order to facilitate this simulation modelling process, appropriate collaborative knowledge management tools may be utilised. On the other hand, simulation models can facilitate knowledge management activities and processes as models could be used to evaluate decision alternatives before they are implemented or models could be used to simulate missing business data needed for discovering knowledge patterns. The paper concludes with a brief literature review of the some interdisciplinary applications that involve the combined use of both approaches. These applications include the use of system dynamics simulation for analysis of knowledge management strategies in organisational populations, learning curves, capital human modelling, and investigation of the influence of knowledge transfer and proximity (geographical, cognitive, and organizational) on the firm agglomeration process inside an industrial district.

Suggested Citation

  • Florica LUBAN & Daniela HINCU, 2009. "Interdependency Between Simulation Model Development And Knowledge Management," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 4(10), pages 75-85, February.
    • Handle: RePEc:rom:terumm:v:4:y:2009:i:10:p:75-85
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    1. Editors The, 2008. "From the Editors," Basic Income Studies, De Gruyter, vol. 3(1), pages 1-1, July.
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    Citations

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    Cited by:

    1. LUBAN Florica, 2009. "Using simulation to evaluate investment projects," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(1 Special), pages 139-144, July.
    2. Vasile DEAC & Mihai VRINCUT, 2016. "Simulated Organizations As A Modern Means Of Student Practice," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(1), pages 161-169, November.
    3. Cezar SIMION-MELINTE & Adriana GIURGIU & Maria Madela ABRUDAN, 2015. "Facilitating The Transition Of Students From School To Work Through Interactive Methods Such As Simulated Enterprise In The Construction And Production Of Construction Materials. Case Study €“ Consim," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 9(1), pages 902-909, November.

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    More about this item

    Keywords

    simulation modelling; knowledge management; system dynamics;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques

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