INNOVATION AND SKILLS GENERATED BY THE EXPLOITATION OF KNOWLEDGE

Simona Buta ()
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Simona Buta: Stefan cel Mare University of Suceava, Romania

The USV Annals of Economics and Public Administration, 2019, vol. 19, issue 1(29), 100-106

Abstract: Innovations / inventions are necessary for the future in the so-called knowledge society; they integrate both dimensions of the creative process and transform known / new ideas into viable products required by individuals to ensure sustainable growth [18]. Beyond the various classifications, definitions or delimitations, both the countries of the world and the organizations within them have different strategies in the production and dissemination of knowledge, respectively in supporting the technical and social innovation processes. These strategies remain closely dependent, closely correlated with the degree of education of individuals available to countries / organizations involved in the global crisis (without the workforce with some skills or competencies it is illusory for firms to propose overnight to process knowledge and to obtain inventions and other knowledge). Therefore, companies need to organize their research and development activity on the basis of Drucker's principle of systematic searching of novelty elements about processes, products or markets; companies must also have human resources with certain skills and competencies.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:scm:usvaep:v:19:y:2019:i:1(29):p:100-106

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