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Considerations Concerning the Functioning of the Knowledge Markets: the Impact on Competition, Prices and Development

Vadim Dumitrascu
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Vadim Dumitrascu: „Dimitrie Cantemir“ Christian University - Bucharest

Romanian Statistical Review Supplement, 2012, vol. 60, issue 4, 183-188

Abstract: Massive application of knowledge in economic activities represents the cornerstone of the New Economy. Knowledge invested in business processes outlines the nucleus of the intellectual capital of both companies and territories. But the quality of the intellectual capital is determined by the knowledge generated by economic processes. Turning knowledge input into knowledge output has its foundation in the particularities of the intellectual capital markets.

Keywords: Knowledge markets; Tacit knowledge; Explicit knowledge; Networks; Network effects (search for similar items in EconPapers)
JEL-codes: C00 N10 O11 (search for similar items in EconPapers)
Date: 2012
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