Theoretical and Applied Economics
No. 6 / 2010 (547)
Knowledge Management – the Key Resource in the Knowledge Economy
Valahia University of Targoviste
Leonardo BADEA
Valahia University of Targoviste
Víctor Raúl LÓPEZ RUIZ
University of Castilla La Mancha
Domingo NEVADO PEÑA
University of Castilla La Mancha
Abstract. The influence of global information and communication technology changes and globalization have transformed our society by favoring the economy and innovation as key driver of global competition. Creation and exploitation of knowledge has become key resource in the new economy. All advanced economies are technologically knowledgebased economy. Many of today's managers and their employees, still guided by the definition given by Francis Bacon (1597) “Knowledge is power” instead of “sharing and managing knowledge is power”. Knowing taken alone may not bring value if not shared before and then managed in an efficient manner. This article seeks to demonstrate what knowledge, what the knowledge management is and what are its main implications in the new economy, a knowledge-based economy.
Contents
The Tandem Culture – Organizational Bureaucracy in Public Sector
Localization Factors and Inward Foreign Direct Investment in Greece
Knowledge Management – the Key Resource in the Knowledge Economy
Accounting System in Croatian Public Healthcare Organizations: an Empirical Analysis
Keynesian Substantiation of the Marketing Policies in Local Development
Marketing Research on Tourist Consumer Opinions and Behavior in the Center Development Region
Transformational and Transactional Leadership Styles as a Predictor of Individual Outcomes
Study on the Local Financial Self-government in Romania