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Knowledge Economy Dimensions

Author

Listed:
  • Constantin BRATIANU

    () (Bucharest Academy of Economic Studies, Romania)

  • Violeta Mihaela DINCA

    () (Bucharest Academy of Economic Studies, Romania)

Abstract

The purpose of this paper is to present an analysis of the emergent knowledge economy and its dimensions. The knowledge economy is based primarily on the development of intangibles, and knowledge processing. The knowledge revolution is changing the way we think and work, and the knowledge worker reflects the nature of the new economic driving forces. The knowledge economy opens new directions, and offers unprecedented opportunities to produce and sell on a mass scale, reduce costs, and customize to the needs of consumers, all at the same time. The dimensions of this new economy are the following: economic and institutional regime, education and skills, information and communication infrastructure, and the innovation system. Based on these dimensions, the World Bank Institute developed two important indices: the Knowledge Index (KI), and the Knowledge Economy Index (KEI).

Suggested Citation

  • Constantin BRATIANU & Violeta Mihaela DINCA, 2010. "Knowledge Economy Dimensions," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(2), pages 210-221, May.
  • Handle: RePEc:rom:rmcimn:v:11:y:2010:i:2:p:210-221
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    File URL: http://www.rmci.ase.ro/no11vol2/Vol11_No2_Article4.pdf
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    Cited by:

    1. Marcin Soniewicki, 2016. "The Importance of Attitude to Knowledge and Innovation for Performance of Manufacturing Enterprises Operating Either Locally Or Internationally," International Journal of Management, Knowledge and Learning, International School for Social and Business Studies, Celje, Slovenia, vol. 5(1), pages 23-36.
    2. Bojan KRSTIC & Marija DZUNIC, 2014. "Analysis Of The Western Balkan Countries’ Competitiveness Determinants Using The Kei Methodology," EcoForum, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 3(2), pages 1-8, July.

    More about this item

    Keywords

    intangible; knowledge; knowledge economy; knowledge economy index.;

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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