The aim of this paper is to emphasize the importance of knowledge based economy, in this time characterized by fast changes and sometimes radical changes, it is impossible to resist without adapting, both people and the organizations too. The matter of the paper develops knowledge based economy concept: elements, definitions of the knowledge based economy, stages and the main knowledge codifica...

We analyze the relative growth performance of open economies in a two-country model where di¤erent endowments of labor and a natural resource generate asymmetric trade. A resource-rich economy trades resource-based intermediates for …nal manufacturing goods produced by a resource-poor economy. Productivity growth in both countries is driven by endogenous innovations. The e¤ects of a sudden incr...

economic recession is considered as a repeatable and constant phenomenon in capitalist economy. countries which experienced rapid economic growth have inevitably applied a balancing program after that. generally, whenever industrial, financial and commercial developments occurred in a rapid growth, the reverse and changing processes would appear. consequently, they will affect the financial and...

during the past decade, the world economic forum has published its annual reports in which the global competitiveness index is included. this paper aims to investigate the key factors for achieving an innovation-driven economy. in this paper, we used partial canonical correlation analysis (pcca) to examine the relationships between key pillars in “efficiency enhancers” and “business sophisticat...

This paper considers the longer-term viability of the internationalization and success of Indian MNEs. We apply the ‘dual economy’ concept (Lewis 1954), to reconcile the contradictions of the typical emerging economy, where a ‘modern’ knowledge-intensive economy exists alongside a ‘traditional’ resource-intensive economy. Each type of economy generates firms with different types of ownership ad...

In the new economy, firms are willing to pay abundant premiums for the significant entrepreneurial capacities of management and staff in order to develop, build, protect, transfer and integrate knowledge. Although companies and scholars have indeed recognized the value of knowledge management, they have not generally included customer, supplier, and competitor knowledge, preferring to emphasize...