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

Milan Zeleny

Chapter Chapter 7 in The Socio-Economic Transformation, 2007, pp 101-116 from Palgrave Macmillan

Abstract: 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.

Keywords: Social Capital; Human Capital; Knowledge Management; Business School; Natural Capital (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37903-9_7

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DOI: 10.1057/9780230379039_7

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