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Knowledge Based Economy: The Role of Expert Diaspora

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Author Info

  • Jovan Filipović

    ()
    (Faculty of Organizational Sciences, University of Belgrade, Serbia)

  • Srečko Devjak

    ()
    (Faculty of Administration, University of Ljubljana, Slovenia)

  • Goran Putnik

    ()
    (Department of Production and Systems Engineering, University of Minho, Portugal)

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    Abstract

    Diasporas stand out as an economic or cultural avant-garde of transformation. This is especially true for academic and other intellectual Diaspora communities, because science and knowledge creation are global enterprises. Proclivity of knowledge workers to move in order to improve and absorb transnational knowledge through Diaspora networks might be an essential quality of an emerging national economy of a developing country. The article treats the role of expert Diaspora in knowledge based economy, innovation and talent management. Besides presenting the essentials of knowledge based economy and innovation, it discusses the role of expert Diaspora in science, technology and innovation (STI) capacity building. Also, the article emphasizes the importance of leadership for talent and its implications for Diaspora. Using WEF statistics, it illustrates negative consequences of the sad policy of “Chaseaway the brightest and the best” for innovative capacity, competitiveness, and prosperity of nations.

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    File URL: http://www.panoeconomicus.rs/casopis/2012_3/08%20Jovan%20Filipovic.pdf
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    Bibliographic Info

    Article provided by Savez ekonomista Vojvodine, Novi Sad, Serbia in its journal Panoeconomicus.

    Volume (Year): 59 (2012)
    Issue (Month): 3 (June)
    Pages: 369-386

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    Handle: RePEc:voj:journl:v:59:y:2012:i:3:p:369-386

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    Web page: http://www.panoeconomicus.rs/

    Related research

    Keywords: Expert diaspora; Knowledge based economy; DVU (Diaspora Virtual University); STI (Science; Technology and Innovation) capacity building; Leadership for talent.;

    References

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    1. Edvard Jakopin & Jurij Bajec, 2009. "Challenges of Industrial Development of Serbia," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 56(4), pages 507-525, December.
    2. João Sousa Andrade & Adelaide Duarte, 2011. "The Fundamentals of the Portuguese Crisis," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 58(2), pages 195-218, June.
    3. Markus Balzat & Horst Hanusch, 2003. "Recent Trends in the Research on National Innovation Systems," Discussion Paper Series 254, Universitaet Augsburg, Institute for Economics.
    4. Alberto Rodríguez, 2008. "Knowledge and Innovation for Competitiveness in Brazil," World Bank Publications, The World Bank, number 6413, October.
    5. Constantin Gurdgiev & Brian M. Lucey & Ciarán Mac an Bhaird & Lorcan Roche-Kelly, 2011. "The Irish Economy: Three Strikes and You’re Out?," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 58(1), pages 19-41, March.
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    Cited by:
    1. Monica Roman, 2013. "Financial Effects of the International Migration in Europe: Modelling the Decision to Remit," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 60(4), pages 541-555, June.

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