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Knowledge Management and the Strategies of Global Business Education: From Knowledge to Wisdom

In: The Socio-Economic Transformation

Author

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  • Milan Zeleny

Abstract

The chapter emphasizes the role of knowledge and social infrastructure in the development of nations. It starts with the critique of the Lisbon strategy, in view of the fact that this strategy concentrates on wrong goals and relies on declarations and exhortations rather than on doing. Then, discussion turns to some World Bank studies implying that prosperity of nations is closely correlated with reliance on human and social capital. Finally, the notion and taxonomy of knowledge is discussed along with the emergence of strategic wisdom project, measurement of knowledge via added value and the institution of entrepreneurial university as main strategic concepts for achieving competitive success in the global economy.

Suggested Citation

  • Milan Zeleny, 2007. "Knowledge Management and the Strategies of Global Business Education: From Knowledge to Wisdom," Palgrave Macmillan Books, in: Zbigniew Nahorski & Jan W. OwsiƄski & Tomasz Szapiro (ed.), The Socio-Economic Transformation, chapter 0, pages 101-116, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-37903-9_7
    DOI: 10.1057/9780230379039_7
    as

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