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Challenges and possible solutions for modernization of romanian companies under the knowledge revolution

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  • Ghencea, Adrian
  • Simion, Dana-Florenta

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.

Suggested Citation

  • Ghencea, Adrian & Simion, Dana-Florenta, 2010. "Challenges and possible solutions for modernization of romanian companies under the knowledge revolution," MPRA Paper 28677, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:28677
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    References listed on IDEAS

    as
    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

    Keywords

    knowledge management; knowledge - based economy; web technologies;

    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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