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Globalization and ICT – Impact on the Commerce Development

Maja Maronić (), Jerko Glavaš and Marina Budimir ()

Business Logistics in Modern Management, 2011, vol. 11, 229-238

Abstract: People have to master the skill of rapid acquisition of new knowledge and forgetting the obsolete information. The increasingly dominant knowledge is not only a product, nor only a new business opportunity, but also a critical framework for developing specialized scientific information. Economic development should be accompanied with an appropriate level of ICT based on horizontally and vertically connected systems for gathering, processing, storag e and dissemination of scientific information. The process of knowledge management is a planned and guided process. It consists of a number of interrelated segments situated within an intelligent information system. It allows discovering, following and creating implicit knowledge, and is thus a driving force for the spiral of knowledge.

Keywords: globalization; commerce; development; knowledge; ICT (search for similar items in EconPapers)
Date: 2011
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Handle: RePEc:osi:bulimm:v:11:y:2011:p:229-238