Regional Development and Proactive Interaction

2004 ◽  
Vol 18 (5) ◽  
pp. 321-327 ◽  
Author(s):  
Kari T. Laine
Keyword(s):  
Higher Education ◽  
Knowledge Management ◽  
Regional Development ◽  
Knowledge Economy ◽  
Global Competition ◽  
Cluster Approach ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Knowledge Circulation ◽  
Regional Development Strategies

In a knowledge-based economy higher education institutions (HEIs) and specialized research units have an important role to play in bringing knowledge to the regions. The first and perhaps most important step for an HEI is to understand the needs of regional industry Only then can it work in close and effective collaboration with firms. In this paper Finland's Satakunta Polytechnic (SPT) is used as a case example to examine what practical actions an HEI can take to increase interaction with industry and achieve better knowledge circulation. The paper describes the models and tools developed at SPT towards these ends, including strategy-based regional development, the cluster approach to development, the partnering process, knowledge management and the ‘SNIFF’ process (‘Searching for New Innovations For Firms’). It is stressed that regional development strategies must take into account the wide-ranging impacts of global competition and economics and thus regional actions must be compatible with the demands of global competition and the knowledge economy.

scholarly journals Knowledge management a competitive edge for law firms in Botswana in the changing business environment

2015 ◽  
Vol 17 (1) ◽  
Author(s):  
Madeleine Fombad
Keyword(s):  
Knowledge Management ◽  
Knowledge Economy ◽  
Business Environment ◽  
Law Firms ◽  
Private Sector Development ◽  
Knowledge Based ◽  
Quantitative And Qualitative Research ◽  
Knowledge Based Economy ◽  
Potential Benefits ◽  
The Cost

Background: Law firms in Botswana offer a particularly interesting context to explore the effects of transition in the knowledge economy. Acquiring and leveraging knowledge effectively in law firms through knowledge management can result in competitive advantage; yet the adoption of this approach remains in its infancy. Objectives: This article investigates the factors that will motivate the adoption of knowledge management in law firms in Botswana, and creates an awareness of the potential benefits of knowledge management in these firms.Method: The article uses both quantitative and qualitative research methods and the survey research design. A survey was performed on all 115 registered law firms and 217 lawyers in Botswana. Interviews were conducted with selected lawyers for more insight. Results: Several changes in the legal environment have motivated law firms to adopt knowledge management. Furthermore, lawyers appreciate the potential benefits of knowledge management. Conclusion: With the rise of the knowledge-based economy, coupled with the pressures faced by the legal industry in recent years, law firms in Botswana can no longer afford to rely on the traditional methods of managing knowledge. Knowledge management will, therefore, enhance the cost effectiveness of these firms. Strategic knowledge management certainly helps to prepare law firms in Botswana to be alive to the fact that the systematic harnessing of legal knowledge is no longer a luxury, but an absolute necessity in the knowledge economy. It will also provide an enabling business environment for private sector development and growth and, therefore, facilitate Botswana’s drive towards the knowledge-based economy.

scholarly journals Management of enterprise development in the conditions of innovative knowledge-oriented economy

2018 ◽  
Keyword(s):  
Knowledge Management ◽  
Knowledge Economy ◽  
Innovative Activity ◽  
Innovative Development ◽  
Enterprise Development ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
New Knowledge ◽  
Innovative Economy ◽  
Qualitative Changes

The article determines a significant importance of knowledge management as a key technology for the development of an enterprise in an innovative knowledge-based economy. The main features of the enterprise development as an open dynamic system are systematized and characteristics of the knowledge economy and innovative economy are determined. Following the above characteristics it is proved that the formation of an innovative economy is impossible without new knowledge and its commercialization, and the basis of the knowledge economy are innovations in various fields of activity. The given types of economies should be further considered not as separate concepts, but as integral components of the innovative knowledge-based economy. The theoretical approaches to the definition of the essence of knowledge management at the enterprise are systematized and their interrelation with the innovation process and innovative development is shown through the creation of new knowledge, increasing the efficiency of innovation development and the formation of innovative abilities of the innovatively active employees. The goals, tasks, functions, principles, stages, methods and methods of knowledge management in innovative knowledge-based economy are considered. The typology of contradictions in the innovative activity of the enterprise is given; the essence of economic, information, technological, organizational, psychological, structural and social contradictions is revealed. Technologies of knowledge management that contribute to eliminating contradictions and innovative development of the enterprise are defined. It is substantiated that different types of contradictions in the innovative activity of an enterprise can be eliminated by means of knowledge management technologies, which, as a result, causes qualitative changes at the enterprise. As the key signs of development are qualitative changes and elimination of contradictions, the use of knowledge management in the conditions of an innovative knowledge-based economy will contribute to the development of the enterprise.

The Creative Class and the Shift Towards the Knowledge Economy in Egypt

2021 ◽  
pp. 85-101
Author(s):  
Hiba Muhammad Aboaleneen
Keyword(s):  
Knowledge Economy ◽  
Secondary Data ◽  
Review Literature ◽  
Creative Class ◽  
Global Competition ◽  
Literature Analysis ◽  
Knowledge Based ◽  
Knowledge Based Economy

This chapter discusses the role of the creative class in the shift towards a knowledge economy in Egypt and aims to know whether the Egyptian society has an effective creative class capable of creating knowledge, disseminating it and employing it, and solving society's problems in line with the nature of the knowledge economy. This is done by spotlight on the changes in economic patterns and employment development in Egypt, revealing the emergence of a creative class that works as a driver to push the Egyptian economy to shift towards a knowledge economy, and illuminating the most important challenges that hinder its performance and effectiveness. The research follows a method of re-analysis, review literature, analysis of secondary data, and available statistics. The research came out with some recommendations which activate the performance of the creative class to shift towards a knowledge-based economy and global competition.

Beyond Customer Knowledge Management

2000 ◽  
pp. 258-281 ◽  
Author(s):  
Mohanbir Sawhney ◽  
Emanuela Prandelli
Keyword(s):  
Knowledge Management ◽  
Competitive Advantage ◽  
Knowledge Economy ◽  
Strategic Alliances ◽  
Competitive Advantages ◽  
Customer Knowledge ◽  
Knowledge Based ◽  
Customer Knowledge Management ◽  
Knowledge Based Economy ◽  
Innovation Processes

In the knowledge-based economy, the value of products and services largely depends on the knowledge intangibles they embed (Drucker, 1993). The success of firms is increasingly becoming linked to the intellectual capital they are able to accumulate and re-invest in their markets (Davenport & Prusak, 1998; Nahapiet & Ghoshal, 1998; Sullivan, 1998). In this age of knowledge-based business, it is incumbent upon firms to pay increasing attention to the development of customer knowledge (Balasubramanian et al., 1998; Sawhney & Kotler, 1999). However, researchers in marketing have generally assumed that knowledge creation happens only within the firm’s boundaries or, at the most, within the strategic alliances among firms. We argue that in the knowledge economy we need to move beyond this perspective of the firm as the knowledge creator that learns about customers and creates value for them, to a perspective of the firm as a co-creator of knowledge that learns and creates value with its customers. As already argued only in service marketing literature, customers are a vital source of knowledge and hence competitive advantage. The cooperation with them gives firms the opportunity to renew the source of their competitive advantage constantly. This is significant in a business landscape where unique and lasting competitive advantages are increasingly rare. Through co-operation with their customers, firms can better anticipate market changes (Anderson & Narus, 1991; Nonaka & Takeuchi, 1995), catalyze their innovation processes (von Hippel, 1982, 1986, 1994), and better respond to latent customer needs (Leonard & Rayport, 1997).

Cluster Perspectives for Competitiveness of Higher Education Institutions

2021 ◽  
Vol 29 (4) ◽  
pp. 335-353
Author(s):  
Gergana Dimitrova ◽  
Keyword(s):  
Higher Education ◽  
Economic Growth ◽  
Science Education ◽  
Higher Education Institutions ◽  
Key Factors ◽  
Cluster Approach ◽  
Economic Competition ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Science And Education

In a knowledge-based economy with high levels of competition where there is global economic competition between nations, the contribution of science and education is emerging as fundamental to their economic growth and competitiveness. This draws attention to the key factors for evaluation the competitiveness of higher education institutions (HEIs), as the article proposes a conceptual model for its evaluation, with a focus on cooperation between science, education and business, as a potential way for competitive positioning in the country. The integration processes in the sector stand out, and hence – the importance of the cluster approach to increase competitiveness and its applicability to HEIs.

Knowledge Economy and Intelligent Enterprises

2011 ◽  
pp. 1-10 ◽  
Author(s):  
Sushil K. Sharma ◽  
Jatinder N.D. Gupta
Keyword(s):  
Knowledge Management ◽  
Business Intelligence ◽  
Knowledge Economy ◽  
Raw Data ◽  
Actionable Knowledge ◽  
Knowledge Based ◽  
Knowledge Based Economy

Intelligence enterprises are evolving where knowledge management and other business intelligence (BI) solutions provide the in-depth analytical capabilities needed to turn raw data into actionable knowledge for an enterprise. This chapter describes why there is a need for such intelligent enterprises in knowledge-based economy and how to create those enterprises.

The Contested Nature of Graduate Labour

2017 ◽  
Author(s):  
Gerbrand Tholen
Keyword(s):  
Higher Education ◽  
Labour Market ◽  
Knowledge Economy ◽  
Contemporary Society ◽  
Specialized Knowledge ◽  
The Public ◽  
Knowledge Based ◽  
Modern Capitalism ◽  
Knowledge Based Economy

This chapter assesses the dominant understanding of what graduate labour is. This continues to influence how we currently understand the work that graduates perform, their status, and the role of higher education in the economy. The chapter outlines the discourse on modern capitalism and in particular the knowledge economy and explains how it changed our vision of the graduate labour market. Contemporary society is portrayed as ever more complex, differentiated, and dependent on specialized knowledge. As a result graduate workers are understood to have a special place within the economy and labour market and their skills and abilities to be crucial for economic development. The chapter then contrasts these ideas with academic contributions criticizing the main assumptions of the knowledge-based economy discourse. Yet despite these contributions, the dominant discourse has not been fundamentally changed or been fundamentally challenged within the public domain.

scholarly journals The Delimitation of Bipolar Metropolitan Area Within the Kujawsko-Pomorskie Region

2014 ◽  
Vol 5 (2) ◽  
pp. 101-122 ◽  
Author(s):  
Mirosław Biczkowski ◽  
Iwona Müller-Frączek ◽  
Joanna Muszyńska ◽  
Michał Bernard Pietrzak ◽  
Justyna Wilk
Keyword(s):  
Data Analysis ◽  
Regional Development ◽  
Metropolitan Area ◽  
Multivariate Data Analysis ◽  
Metropolitan Areas ◽  
Linear Arrangement ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Development Levels ◽  
Dual Core

The objective of the article was to re-define the bipolar metropolitan area within the area of the Kujawsko-Pomorskie region (NUTS 2). Concentration of metropolitan features, as well as socio-economic situations of its communes (NUTS 5) in 2011, and also the dynamics of communes’ development in the period 2009-2011 were considered in the procedure of delimitation. Bydgoszcz and Toruń, as the economically strongest cities in the region, were established as the dual core of the bipolar metropolitan area. It was assumed that the determined metropolitan area would cover the best developed and the fastest developing communes which met the following criteria of a metropolitan area: neighbourhood, continuity, compactness, maximum distance and population. The development levels of the communes were determined with the use of synthetic measure. Its values were calculated considering the economic (e.g. the amount of income) and also social (e.g. unemployment) aspects of regional development, as well as features typical of metropolitan areas, such as: well-developed sectors of R&D, knowledge-based economy and serving superior services. In the research, linear arrangement methods classifying as taxonomic tools of multivariate data analysis was applied. The metropolitan area resulting from the research (BipOM) slightly differs from the Bydgoszcz-Toruń Metropolitan Area (B-TOM) which was formally appointed in 2005 and composed all of the communes located within the area of the Bydgoski and Toruński districts (NUTS 4). Chełmża and Koronowo, as the less developed communes of the districts, were excluded from the new metropolitan area, while the communes of Ciechocinek, Nakło and Unisław, belonging to the neighbouring districts of the region, were included in the BipOM due to their significant level of regional development and its dynamics. Furthermore the Inowrocław district (bordered on the BipOM) was identified as the prospective candidate for the BipOM, due to the fact that its communes demonstrate a high potential for regional development.

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