KNOWLEDGE ECONOMY PYRAMID: Transforming Knowledge Value in Increasing Productivity and Competitiveness

Octavian Serban ()
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Octavian Serban: The Bucharest Universtiy of Economic Studies, Postal: 256 Pantelimon Street, bl. 53, sc D, et. 1, apt. 216, sector 2, 021648, Bucharest, Romania, https://www.timeshighereducation.com/world-university-rankings/bucharest-university-economic-studies

No 18-9, Policy Reference from Korea Institute for International Economic Policy

Abstract: The global economy’s landscape needs a new economic model where knowledge is used as a valuable resource to stimulate innovation, creativity, and entrepreneurship in order to increase productivity and competitiveness for sustainable growth as a premise for social welfare. The policymakers have to design the new public policy for productivity and competitiveness considering the Knowledge Economy frontier and to establish the institutional capacity to manage the knowledge perspective of development. The Knowledge Economy Pyramid model is a catalyst of knowledge ecosystems from education, research, technology, business, innovation, government and local communities, capable to create a collaborative environment with synergy effect: transforming knowledge value in increasing productivity and competitiveness.

Keywords: Knowledge Triangle; Productivity; Competitiveness; Triple Helix; The Fourth Industrial Revolution; Smart Specialization (search for similar items in EconPapers)
JEL-codes: A10 (search for similar items in EconPapers)
Pages: 256 pages
Date: 2018-12-30
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kiepre:2018_009

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