Knowledge Based Economy Assessment

Madalina Tocan

Journal of Knowledge Management, Economics and Information Technology, 2012, vol. 2, issue 5, 13

Abstract: The importance of knowledge-based economy (KBE) in the XXI century is evident. In the article the reflection of knowledge on economy is analyzed. The main point is targeted to the analysis of characteristics of knowledge expression in economy and to the construction of structure of KBE expression. This allows understanding the mechanism of functioning of knowledge economy. The authors highlight the possibility to assess the penetration level of KBE which could manifest itself trough the existence of products of knowledge expression which could be created in acquisition, creation, usage and development of them. The latter phenomenon is interpreted as knowledge expression characteristics: economic and social context, human resources, ICT, innovative business and innovation policy. The reason for this analysis was based on the idea that in spite of the knowledge economy existence in all developed World countries a definitive, universal list of indicators for mapping and measuring the KBE does not yet exists. Knowledge Expression Assessment Models are presented in the article.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spp:jkmeit:1323

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