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Challenges and possible solutions for modernization of romanian companies under the knowledge revolution

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  • Ghencea, Adrian
  • Simion, Dana-Florenta

Abstract

Increasingly, many academics and business people appreciate that the kind of society humanity is moving towards is a knowledge society which is supported by a knowledge economy. A key feature of the knowledge society (Draganescu, 2004) is the emergence of a new economy where innovation process becomes curcial, where knowledge is unprecedentedly disseminated to al citizens through new ways of communication (internet, e-book, e-learning, etc.). In this type of society, the new economy - ofen clled knowledge - based economy - owes its apparence to a number of important forces now at work in the sense of changing the rules of business and national competitiveness: globalization, the increasingly use of knowledge and information, the computer networks and internet connectivity.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 28677.

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Date of creation: 20 Nov 2010
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Handle: RePEc:pra:mprapa:28677

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Keywords: knowledge management; knowledge - based economy; web technologies;

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  1. Paul A. David & Dominique Foray, 2005. "Economic Fundamentals Of the Knowledge Society," Development and Comp Systems 0502008, EconWPA.
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