KNOWLEDGE – INNOVATION – COMPETITIVENESS AN INTEGRATED APPROACH

Alexandra Lazar and Mirea-Gheorghe Berechet
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Mirea-Gheorghe Berechet: The School of Advanced Studies of the Romanian Academy, Bucharest, Romania

Journal of Financial and Monetary Economics, 2016, vol. 3, issue 1, 254-257

Abstract: The economy based on knowledge uses the knowledge and the innovation as main engines of the economic growth and development. The organization must not only develop and expand their knowledge but also to use the mechanisms and procedures to transform knowledge into assets. Innovation involves the transformation of this knowledge into products / services and is essential for competitiveness. To remain competitive companies must invest in innovation so as to adapt changes taking place in business. In this paper we propose dealing with issues relating to knowledge, innovation and competitiveness as an integrated approach.

Keywords: knowledge; innovation; competitiveness (search for similar items in EconPapers)
JEL-codes: D83 (search for similar items in EconPapers)
Date: 2016
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