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Knowledge – Innovation – Competitiveness An Integrated Approach

Author

Listed:
  • LAZAR, Alexandra Ioana

    (The School of Advanced Studies of the Romanian Academy, Bucharest, Romania)

  • BERECHET, Mirea-Gheorghe

    (The School of Advanced Studies of the Romanian Academy, Bucharest, Romania)

Abstract

The economy based on knowledge uses the knowledge and the innovation as main engines of the economic growth and development. The organization must not only develop and expand their knowledge but also to use the mechanisms and procedures to transform knowledge into assets. Innovation involves the transformation of this knowledge into products / services and is essential for competitiveness. To remain competitive companies must invest in innovation so as to adapt changes taking place in business. In this paper we propose dealing with issues relating to knowledge, innovation and competitiveness as an integrated approach.

Suggested Citation

  • LAZAR, Alexandra Ioana & BERECHET, Mirea-Gheorghe, 2016. "Knowledge – Innovation – Competitiveness An Integrated Approach," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 3(1), pages 254-257, October.
    • Handle: RePEc:vls:rojfme:v:3:y:2016:i:1:p:254-257
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    More about this item

    Keywords

    knowledge; innovation; competitiveness;
    All these keywords.

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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