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Challenges and Possible Solutions For Modernization of Romanian Companies Under The Knowledge Revolution

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  • Adrian Ghencea
  • Dana-Florenta Simion

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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Suggested Citation

  • Adrian Ghencea & Dana-Florenta Simion, 2010. "Challenges and Possible Solutions For Modernization of Romanian Companies Under The Knowledge Revolution," Revista MegaByte, Titu Maiorescu University, Department of Computer Sciences and Economical Sciences, vol. 9(2), pages 92-100.
    • Handle: RePEc:tmu:journl:v:9:y:2010:i:2:p:92-100
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    References listed on IDEAS

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    1. Paul A. David & Dominique Foray, "undated". "Economic Fundamentals of the Knowledge Society," Working Papers 02003, Stanford University, Department of Economics.
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    More about this item

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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