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High Speed Economy

Author

Listed:
  • Vadim Dumitrascu

    ("Dimitrie Cantemir" Christian University)

  • Roxana Arabela Dumitrascu

    ("Dimitrie Cantemir" Christian University)

Abstract

The use of knowledge in business opens vast possibilities for the spectacular intensification of the rhythms of the processes of economic value creation. High speeds are a fundamental feature of the knowledge economy. The sources of high speeds in business are certain economic, technological and commercial processes with the nature of some positive feedbacks. What generates it is the organization of knowledge in the form of networks. The organizations competitiveness is marked by the ability to operate at high speeds.

Suggested Citation

  • Vadim Dumitrascu & Roxana Arabela Dumitrascu, 2013. "High Speed Economy," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 5(Special 1), pages 27-30, December.
    • Handle: RePEc:khe:journl:v:5:y:2013:i:1special:p:27-30
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    More about this item

    Keywords

    Knowledge; networks; time; rhythms; positive feedback;
    All these keywords.

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy

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