Abstract

The knowledge-based economy analyzes economic organization and development when the creation, distribution and use of knowledge become decisive factors. To become a successful knowledge economies, countries must act simultaneously on their education base, their innovation systems and their information and communication technology infrastructure, while also building a high-quality economic and institutional regime. The institutions for higher education are the main figures for the successful transition to a knowledge based economy and society. Their cooperation activities with the neighboring countries and the countries within their wider vicinity are an important priority for breaking the university isolation from what happens in the civil society, as well as the other structural problems, like the outdated curricula and skills of teachers. This paper focuses on international scientific networks as an example of tool created in order to stimulate the use of new knowledge. The main objective of the paper is to identify: 1) the knowledge creation and transfer processes in ISC 2) influence of that processes on the participants of the ISC. The methodology utilized in this study is qualitative and exploratory. Re- sults of research shows the process of knowledge creation and transfer on the example of NetAware Intensive Programme and the project evaluation results.

Highlights

  • At the beginning of the twenty-first century, most economies can either be described as knowledge-based economies (KBEs) or as aspiring to develop into such economies

  • While KBEs can be defined in many different ways, they have to do with information, knowledge, learning, innovation, entrepreneurship, networks, information and communication technologies (ICTs)

  • A commonly used definition of KBEs is that provided by the OECD in the mid-1990s, i.e. KBEs, are ‘economies which are directly based on the production, distribution and use of knowledge and information’(OECD 1996)

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Summary

Introduction

At the beginning of the twenty-first century, most economies can either be described as knowledge-based economies (KBEs) or as aspiring to develop into such economies. While KBEs can be defined in many different ways, they have to do with information, knowledge, learning, innovation, entrepreneurship, networks, information and communication technologies (ICTs). The OECD observes that the emergence of such economies is reflected in trends towards high-tech investment, high-tech industries, highlyskilled labour, and associated productivity gains. It sees its task in promoting science, technology and industry policies that support these developments (OECD 1996). Related to the development of KBEs is the emergence of ICTs as ‘general purpose technologies’ that spread throughout the economy, facilitating productivity gains and further innovations (Elhanan Helpman 1998). The mainstream definition of KBEs does point to some common features, like the emphasis on science and technology, innovation, and ICTs (Engelbrecht 2009)

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