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Knowledge transfer between universities and smes and regional development. The role of the clusters as communities of practice

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  • Lianu Costin

    (USH Pro Business, Bucharest, Romania)

  • Rădulescu Irina Gabriela

    (Petroleum-Gas University of Ploiești, Romania)

  • Dobre Gudei Corina Simona

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Lianu Cosmin

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

The Exchange of knowledge between universities and SMEs became a source of sustainable competitive advantages. The innovation capacity of SMEs is under pressure for various reasons since knowledge management is more costly and innovation readiness more difficult to be achieved. Higher Education Institutions (HEIs) became in this context critical players in the knowledge-based economy to interact with small companies. The traditional functions of universities are the generation of knowledge (research) and its transmission (teaching) are reconsidered in order to better serve the managers.

Suggested Citation

  • Lianu Costin & Rădulescu Irina Gabriela & Dobre Gudei Corina Simona & Lianu Cosmin, 2020. "Knowledge transfer between universities and smes and regional development. The role of the clusters as communities of practice," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 14(1), pages 490-504, July.
    • Handle: RePEc:vrs:poicbe:v:14:y:2020:i:1:p:490-504:n:46
    DOI: 10.2478/picbe-2020-0046
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    References listed on IDEAS

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