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Globalization: an open door for the knowledge economy

Andreea Marin-Pantelescu (), Gabriela Tigu () and Olimpia State
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Andreea Marin-Pantelescu: The Bucharest Academy of Economic Studies, Romania
Gabriela Tigu: The Bucharest Academy of Economic Studies, Romania

Authors registered in the RePEc Author Service: Andreea Marin Pantelescu

Economia. Seria Management, 2009, vol. 12, issue 2, 154-161

Abstract: Globalization refers to an emphasized process of global integration and spreading a set of ideas related to the economical activity and goods’ production, the premises being the liberalization of international commerce and the capital flows, the speeding up of the technological progress and informational society. The cognitive society is more and more obvious and unanimously accepted, which actually proves its efficiency. If traditional, conservative communities, which are not open to change and reject from the start anything new on the horizon, still exist today, they are isolated cases that will eventually be "converted" by this wave of information that has become indispensable to any development because in its absence resources could not be used efficiently. Taking into consideration these elements, this paper wishes to give arguments to the fact that globalization can be seen as being an open door for the cognitive society.

Keywords: globalization; knowledge economy; multinational organizations (search for similar items in EconPapers)
JEL-codes: A11 A13 D83 (search for similar items in EconPapers)
Date: 2009
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Handle: RePEc:rom:econmn:v:12:y:2009:i:2:p:154-161