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

  • Adrian Ghencea
  • Dana-Florenta Simion

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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Article provided by Titu Maiorescu University, Department of Computer Sciences and Economical Sciences in its journal Revista MegaByte.

Volume (Year): 9 (2010)
Issue (Month): 2 ()
Pages: 92-100

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Handle: RePEc:tmu:journl:v:9:y:2010:i:2:p:92-100
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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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