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ECONOMIC GROWTH IN KNOWLEDGE-BASED SOCIETY

Alina Haller

Journal of Academic Research in Economics, 2011, vol. 3, issue 3 (November), 463-470

Abstract: In the present paper, we are going to analyse the concept of economic growth as a factor in the revitalization of the knowledge-based society. Although the whole economic and human development occurred under the auspices of knowledge, making progress possible in all its aspects and particularities, nowadays, its dynamics has changed the priority order of the factors of economic and social growth and development, or has brought forth modifications in their structure, in order to make easier their adaptation to the new realities. Though we are witnessing now some obvious changes in the economic and social pathology, growth remains a phenomenon that is both fundamental and systematically analysed, being regarded as the engine phenomenon for the future progress.

Keywords: knowledge based society; knowledge; economic growth; economic development. (search for similar items in EconPapers)
JEL-codes: O10 O40 O49 R11 (search for similar items in EconPapers)
Date: 2011
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