The Knowledge Stage of Economy based on Knowledge

Cristina Lazar

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 2, 692-695

Abstract: In this paper were approached the references and the evolution in time of knowledge based economy. Changes occurred in the second half of the twentieth century led the economic analysts to put the continuous growth rates of savings on the account of new factor of production, the knowledge. The ability to taking advantage of the knowledge acquired is decisive and will be defining in the economic success. The knowledge shapes are various: a new manufacturing technology, a superior organization of whole activity (development of management knowledge), improvements in psychological field, new applications of the border studies, and what is essential, the rarity is not a feature of knowledge.

Keywords: economy; knowledge; information (search for similar items in EconPapers)
JEL-codes: D8 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xi:y:2011:i:9:p:692-695

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