Development Of Knowledge-based Economy Research Articles

The Development of Knowledge-Based Economies Through Creation, Dissemination and Use of Knowledge, and Information in Native Languages

"If you talk to a man in a language he understands, that goes to his head. If you talk to him in his language, that goes to his heart"- Nelson Mandela.Conveying your messages in a language your audience both understands and resonates with is of utmost importance to establish an emotional connection. Language proficiency is crucial in determining how well the information or knowledge is communicated which subsequently influences comprehension of the same by the audience. By contrast, when knowledge is synthesized and shared in a language unfamiliar to a community, the extent to which that knowledge is utilized depends largely on that specific language proficiency of the community.Knowledge-based economy is characterized by the production, distribution and utilization of knowledge and information. In such systems, education, innovation and skill development are fundamental to economic growth. As highlighted above, the availability of knowledge and information in one's native language serves as a significant facilitator for the development of a system. Thus, the promotion of education in local languages set the stage for the establishment of environment for the citizens to fully involve in knowledge systems, apply the acquired skills and contribute to innovation. This leads to the development of a highly-skilled workforce, advancement of technology as well as the formation of competitive industries.

National Reunification and Educational Reforms in Vietnam from 1975 to 1985

After April 30, 1975, Vietnam became an independent and unified nation. Along with the policies of quickly achieving statehood unification, establishing a national government structure, and fostering consensus and harmony between the two regions of North and South,... various economic, social, educational, and cultural issues are also of particular concern to the Party and the State of Vietnam. Recognizing the role and mission of education in the nation's development, considering education and training, science and technology as the top national policies, Vietnam's education system has early on aimed at promoting the beautiful values of national culture, continuously raising public awareness, nurturing character, and training talented individuals. Education plays a central role in a knowledge-based economy's development, building a learning society, the desire to contribute, fostering a growth mindset, and progressively integrating Vietnam into the world.Through the exploitation of diverse information sources, the article attempts to present and analyze the context and current state of Viet Nam education after 1975; the policies, implemented solutions, and the fundamental achievements of Vietnamese education in the first decade of the unified era.

The Impact of Knowledge Spillovers on Economic Growth from a National Perspective: A Comprehensive Analysis

Knowledge spillovers, driven by development and research projects, are crucial in generating new companies and services. They enhance innovation, improve competitiveness, and sustain the economic growth of nations. Hence, this paper aims to examine the relationship between knowledge spillovers and economic growth. It offers a comprehensive review of the scientific literature on the relationship between knowledge spillovers and economic growth, investigating the impact of economic cycles on knowledge spillover. Doing this provides valuable insights into how to leverage them at the different stages of the economic cycle. Hence, a PRIMA systematic review was conducted. Articles from the last 15 years were analyzed from repositories and scientific databases with a Cohen’s kappa coefficient of 0.8902. This review identifies and presents a systematic analysis of the impacts of favoring and hindering knowledge spillovers in the economic growth of a nation. These effects offer greater resilience to a nation after periods of recession. In addition, the case study of three countries is presented to illustrate the findings from the review. The results show that better utilizing knowledge spillovers to enhance economic growth depends on a functional compromise between the university, industry, and governments to understand and commit to knowledge-based economic development. Our study has implications for policymakers who aim to boost economic growth by promoting knowledge spillovers.

Higher Education Policy and Practice: What Hinders the Development of Knowledge-Based Economy in Georgia?

Abstract The article discusses the problematic linkages between higher education and the development of a knowledge-based economy in Georgia. The main challenges, as identified through qualitative and quantitative research, are caused by, on the one hand, the lack of state’s long-term strategic vision of higher education development, insufficient funding of both education and research, and instrumentalization of the higher education system for political interests. On the other hand, however, the lack of awareness among industry representatives about their own role in supporting the commercialization of research further hinders the creation of a knowledge-based economy in Georgia.

The evolution of regional triple helix food sector SME interventions: a longitudinal study, Wales, UK

ABSTRACT This paper explores the effectiveness of regional intervention strategies aimed at enhancing ‘low-tech’ SMEs’ sustainable competitive advantage and innovation activities, employing the food sector in Wales (UK) as a case study. It utilizes the triple helix model to analyse these interventions, emphasising collaboration between government, academia, and industry to stimulate knowledge-based economic development. The food sector represents an ideal subject for innovation-focused regional development policies because of its global importance, sustainability concerns, health impact and economic outcomes. A mixed-methods longitudinal case study approach was taken, evaluating a series of intervention programmes over an extended period (12 years in total), all funded by the European Union via the Welsh Government. Data sources included program reports, management committee reports, interviews, and case study testimonials. Frequent intervention activities included quality systems development, technical support, and skills training. They notably improved product and processing innovation for SMEs, key performance indicators revealing over 1,800 new products, safeguarding around 2,300 food sector jobs, and supporting 64 new business start-ups. Findings emphasized the value of consistent policies over an extended time period, albeit with the potential for lock-in effects. Future programme goals should be adapted for broader sustainable development outcomes – these are not uniquely Welsh challenges.

PhD holders propensity to work in research-intensive sectors: evidence from Italy

PhD holders play an important role in exploring new research areas relevant to the development of knowledge-based economies, and the investment in PhD education is seen as part of a strategy for tomorrows’ society, with doctorates historically being absorbed by an academic career dedicated to teaching and research. However, these days are gone, and the number of PhD holders is far beyond the academic vacancies available. The present study aims at estimating the probability of PhD holders to work in research intensive sectors in Italy. We use data available from the National Institute of Statistics to estimate a probit model with the Heckman correction for the sample selection bias. The study has political consequences related to PhD holders career orientation.

Knowledge-based economic development of Iran: Mitigating sanctions and enhancing national competitiveness

The knowledge economy is an economic system in which the production of goods and services is based principally on knowledge-intensive activities that contribute to advancement in technical and scientific innovation. A knowledge-based economy is a kind of economy without limitations. This study studies the prospects of Knowledge Economy in Iran. In recent years, the scope of innovative activity and the necessity of a knowledge economy in Iran has grown. However, this study shows that knowledge development alone is not efficient: it is useful only when knowledge is being generated and applied in a real business environment. Iran would probably benefit as well in the case the expertise of national academia and business community is used more intensively; otherwise, it would grow vulnerable if the foreign innovative technologies were only used. Under the current circumstances, Iran, dealing with ever-expanding sanctions, should be seeking opportunities to commercialize its domestic researches and developments.

LEVERAGING STAKEHOLDER ENGAGEMENT FOR ENHANCED HIGHER EDUCATION COMPETITIVENESS IN ARMENIA

Armenia is facing the challenge of ensuring the competitiveness of its higher education institutions (HEIs) in the rapidly evolving global landscape of higher education. With the rising demands for competitive human capital and the development of knowledge-based economies, the HEIs of the Republic of Armenia (RA) need to be agile and strategic in their decision-making processes and in employing respective mechanisms to meet the demands of the market and global landscape of higher education. In this context, stakeholder engagement should emerge as a powerful tool for driving competitiveness through ethical and efficient decision making in higher education strategic management in Armenia, for it ensures the increase of stakeholders' interest, fiduciary responsibilities, and commitment towards HEIs.

INSTITUTIONAL (REGULATORY AND LEGAL) BASIS FOR COOPERATION BETWEEN UNIVERSITIES AND INDUSTRY (THE CASE OF MONGOLIA)

Cooperation between universities and industry in different countries has its own implementation specifics, but the goal of this cooperation is universal – to promote knowledge-based economic development. Industry and universities are connected by innovations and ideas to create new products, universities and the state are connected in the areas of investment, strategic planning and labor demand. Industry and government are linked by creating jobs, shaping taxes, and implementing government policies. Therefore, innovative development involves the creation of an interdependent, mutually beneficial and mutually effective model of cooperation based on the triple helix principle. The article considers the current situation and problems of implementation and coordination of program documents in Mongolia in the field of development of cooperation between the university and industry in the context of the implementation of the triple helix model.

When and how digital platforms empower professional services firms: an agility perspective

PurposeDrawing on a strategic agility perspective, the authors develop a theoretical framework and empirically examine how digital platform adoption and capability impact business performance via digital-enabled strategic agility in the context of professional service firms.Design/methodology/approachThe authors propose and examine a conceptual framework based on survey data from 127 professional service firms in New Zealand.FindingsThis study reveals the impact of digital platform capability on the business performance of professional service firms that employ digital platform technologies. The results suggest that organizational innovation and managers' creative efficacy will be used as distal antecedents and contribute to digital platform capabilities. In addition, digital strategic agility can mediate the link between digital platform capabilities and business performance.Originality/valueThis study is one of the first to investigate when and how digital platforms empower professional service firms. This study reveals the role of digital strategic agility and digital platform capabilities in knowledge-intensive enterprises. This research advances the development of knowledge-based economy in the information age by applying and extending strategic agility to the uncertain and volatile business environment. The authors' new conceptualization provides a deeper understanding of how and why professional services business and organizations can adapt to the post-COVID era smoothly and successfully.

Promote the Role of Education and Training for Social Development

: Since ancient times, education and training have been placed in an important position. Especially, in the context of the current knowledge-based economy development, when human resources are increasingly occupying a central and leading position in development, education and training are increasingly becoming theoretical issues and practice. Education and training are activities of transmitting and perceiving a system of knowledge and social experiences to improve production efficiency and quality of social life. Along with the development of society, education and training have become a self-conscious, organized activity with their purposes, contents, and methods with their programs and plans. Education and training is also conscious and purposeful human activity, a system of influences to make learners perceive and absorb the human cultural value system and create new values on the knowledge base of the previous generation. The article researches the theory of education and training for social development. Within the framework of the article, the author outlines the views on education and training and their role in social development.

The Triple Helix and its Intervention in the Research and Development of Products for International Security and Defense


 
 
 
 This article aims to analyze the concepts and relationships of the Triple Helix Model (THM) proposed by Etzkowitz & Leydesdorff as applied to international security and defense and the contribution of THM to the development of knowledge-based economies. The method used was a qualitative, descriptive analysis, reviewing reliable scientific sources and official web pages of countries and organizations such as the United Nations Educational, Scientific and Cultural Organization (UNESCO), the North Atlantic Treaty Organization (NATO) and the European Union (EU). The results showed that the generation of capacities in Science, Technology, and Innovation lead to assets in security and defense and the systemic development of products and innovative initiatives, creating a virtuous circle that allows universities, states and firms, to evolve basing their growth on the development of knowledge. Finally, as a conclusion it was found that investment in research and development in defense and security, articulated with the actors of the Triple Helix, is a driver of technological change that strengthen the concept of knowledge-based economies in the countries that achieve this articulation, as evidenced in the cases analyzed.
 
 
 

Territorial Distribution of Kazakhstan’s Knowledge-Intensive Sectors of the Economy: Opportunities and Prospects

The key strategic priorities of the development of Kazakhstan are diversification, technological modernization and formation of a new industrial structure. It is clear that modern industrial structure is impossible to be formed with-out knowledge-based industries and fields, and prerequisites for their development in the regions of Kazakhstan differ significantly. The goal of this article is to assess the prerequisites and prospects of spatial development of knowledge-based sectors of Kazakhstan’s economy. The methodology of the article is based on the theoretical and methodological provision that possibilities for the development of knowledge-based economy in local territories and at certain points depend of specific factors such as availability of research and academic organizations in the territory. System-structural and functional approaches, methods of empirical research, including observation, comparison, generalization, systematization, methods of analysis and synthesis, logical analysis, methods of regional studies, and cluster analysis were used. There was used as the information base of the research the data reflected in the periodical press, the data of ministries, works of scientists of Kazakhstan and copyright developments under the framework of the study of innovation localization process and knowledge-based sectors of the economy. It is shown that development of knowl-edge-based sectors of economy in Kazakhstan will not be widespread, but will have a «cellular nature», located inside the boundaries of separate territories or «high-tech districts» (knowledge-based hubs, knowledge-based clusters, and smart cities) and perspectives of their development will be considered. The results of the research have been tested while recommendations development on issues of Kazakhstan territories’ technological modernization.

Analysis of changes in the concept of doctoral studies. Approaches through the prism of policies promoted at european level

The article analyzes the aspects of doctoral treatment at European level. The doctorate becames part of the higher education (cycle III) in the early 2000s and has been an important element of the Bologna process and the development of the European Higher Education Area (EHEA). The announcements of the ministers responsible for higher education in European countries as a result of their regular meetings, provide various activities for the development of a common framework for doctoral studies at European leve as welll. At the same time, the processes of globalization and the development of knowledge-based economies pose a number of challenges to the process and purpose of doctoral studies, which are widely debated by researchers, experts and decision makers. International experience can be useful and needs to be taken into consideration in the process of reforming the doctoral studies in the Republic of Moldova, especially in the context of implementing actions to integrate national higher education in the EHEA.

FORMATION OF PRIORITIES FOR THE DEVELOPMENT OF INTELLECTUAL POTENTIAL IN THE CONDITIONS OF ESTABLISHING A KNOWLEDGE-BASED ECONOMY

Abstract. Ukrainian economic development innovative model formation is accompanied by the scientific and technological developments, and high breakthrough nature technologies introduction. These circumstances objectively set Ukraine the task for interaction strengthening of higher education, science and innovation, intellectual potential effective use as the main driver of socio-economic growth. The article substantiates the strategic priorities for Ukrainian intellectual potential development in the formation of knowledge-based economy social transformation conditions. A new essence understanding of the category «intellectual potential of society» is proposed. In the knowledge-based economy paradigm, the main social goal is human and his labor and intellectual development. The priority place of man in the system of modern socio-economic development is substantiated and its triune role as a source of national wealth, its part and purpose of social development is proved. Global and national challenges for Ukraine in the context of preventing degradation and destruction of existing intellectual potential are described. Emphasis is placed on the fact that the national intellect as the most valuable humanity capital, as well as knowledge becomes the main driver of value creation. It is proved that Ukrainian intellectual potential development can be ensured by competitive education, leading science, innovative technologies and spiritual culture. In our opinion, the state policy of intellectual potential development and use in Ukraine as a component of the national policy should be relevant. A set of measures to activate the intellectual potential use is identified. The practical recommendations implementation makes it possible to modify the conceptual basis for proving the imperative characteristics of intellectual potential as a strategic resource for the society development in the context of global political and economic challenges.Identifying priority areas and understanding their impact on the processes of intellectual potential development and effective use, the formation of values in society, will contribute to the formation of a knowledge-based economy. Keywords: knowledge-based economy, intellectual potential, social and economic development, scientific and technological development, highly intelligent society. JEL Classіfіcatіon D83, I25, M53, P46, Z1 Formulas: 0; fig.: 0; tabl.: 1; bibl.: 22.

Dynamics or Dilemma: Assessing the Innovation Systems of Three Satellite Platform Regions (Singapore, Dublin and Penang)

ABSTRACT This study attempts to put forward a quantitative assessment via patent-based indexes to frame the innovation dynamics of three highly acknowledged Satellite Platform regions – Singapore, Dublin and Penang. A Satellite Platform is generally viewed as a comparatively less sticky region hosting the operations of many different uncooperative multinationals. They faced a common dilemma, namely non-committal of MNCs in defining a local structure to generate knowledge and innovation. Nonetheless, we observed diverse intervention from different local governments to pivot away from the dilemma and compensate for the lack of patient capital from multinational firms. Divergent paths in terms of inventiveness were observed. Singapore stands out as a region obtaining indigenous patenting capabilities – achieving higher localization, de-concentration, diversification and university-industry linkage indexes. On the other hand, Dublin emerged to derive an exploitative patenting route – witnessing higher science-based linkage indexes. Meanwhile, Penang – as a region that has been focusing on upskilling its blue-collar population – is relatively behind in performance for almost all patenting indexes compared to the other two. The framing and findings of this paper contribute to theorizing the divergence of interventions for knowledge-based economic development.

Research on the Relationship among Enterprise Human Resource Management, Enterprise Innovation and Organizational Performance in China

With the accelerating process of global economic integration, knowledge economy has become the main economic feature of the 21st century. This paper mainly introduces the problem of enterprise human resource management, first expounds the concept and composition of human resource management, then discusses the important role of innovation in enterprise human resource management, and finally puts forward some suggestions on how to improve enterprise human resource management. With the rapid development of market economy, technology and information, the process of global economic integration is accelerating, and knowledge economy has become the main economic feature of the 21st century. Under the condition of knowledge economy, the winning factor of enterprises in the competition is no longer the possession of material resources, but the continuous development and application of human resources that undertake the development, dissemination and application of knowledge. Talents have become the basic source that determines the value creativity of enterprises in the 21st century. Based on this, under the background of knowledge-based economy with economic globalization and international competition in the 21st century, the traditional human resource management mode can no longer meet the requirements of the development of knowledge-based economy. It is necessary to innovate the management concept, management mode, management system and management methods of human resources in order to improve the competitiveness of enterprises and promote the sustainable development of enterprises.

Development of university–industry interactions for knowledge-based economy in Nigeria

This article is predicated on university–industry interaction as a precursor for knowledge-based economic development in Nigeria. It is a preparatory pilot study for full-fledged Ph.D. research, highlighting the collaboration within two universities and six knowledge-intensive firms. The firms are software and hardware development companies located in Maiduguri and Kano, both in Northern Nigeria. A conceptual framework was designed based on the national innovation system (NIS) to measure the intensity of the collaboration, possible innovation output and knowledge flow between the universities and industry. Findings show a limited partnership due to factors inhibiting the relationships, such as communication problems, trust issues, lack of motivation, different orientations of the organizations and different research orientations.

The impact of macroeconomic and structural factors on the unemployment of young women and men

The presented article follows the research mainstream of econometric analyses focused on the assessment of correlations between youth unemployment rate and market and macroeconomic determinants, including economic growth and productivity of the economy, its structure in terms of NACE Rev.2 sections as well as the labor market tools. The research addresses 28 European Union (EU) countries. The analysis period covers the years 2008–2018. The econometric methods dedicated to panel data were used. The research results confirm the importance of the general economic condition as well as the development of knowledge-based economy for the improvement of the youth situation in the labor market. With regard to the economy structure, the development of manufacturing section importance turned out to be a major factor in female youth unemployment rate reduction. The growing importance of the construction sector translated into a decline in the unemployment rate among young men.

Effects of the European Monetary Union on High-Technology Exports

Our study estimates the effects of the European Monetary Union (EMU) on high-technology (HT) export and assesses the potential knowledge spillovers of such trade. Irrespective of the importance of the HT trade channel, none of the previous studies in the literature focus on the effects of a common currency on HT trade. Increasing trade in the HT sector may lead to more efficient use of resources and help countries to move towards a knowledge-based economy. Moreover, it may lead to higher overall growth. After considering multilateral resistances, pair fixed effects and bias correction in the preferred (three-way bias-corrected) model, EMU membership becomes negative and statistically non-significant for HT exports. Furthermore, our findings indicate that the effect of the EMU on HT exports is country-specific, which lends support to the notion of non-homogenous knowledge transfer and country-related knowledge-based economic development within the EMU.