Today's Knowledge-based Economy Research Articles

Creating a greener future: the crucial role of green innovation and supply chain management in corporate sustainability.

One of the most pressing concerns today is how to improve green innovation and supply chain management for company sustainability. It has been discovered that inefficient supply chain management is a major barrier limiting eco-friendly innovation. The supply chain management process is crucial to a company's long-term viability, yet previous research barely scratched the surface of its significance. This article uses a resource-based view to investigate how integrating green innovation and organizational agility into the supply chain management process contributes to the long-term success of businesses. This study used a cross-sectional approach. Structured equation modeling was used to examine data collected through convenience sampling from 475 employees of Chinese multinational manufacturing enterprises. Green innovation helps smooth over the bumps on the road between supply chain management and sustainable business results. Green innovation and business sustainable performance also benefit from organizational agility, which was not shown to moderate this relationship. The study teaches that in today's knowledge-based economy, firms that invest in novel technologies and adopt greener strategies are better able to address sensitive issues like supply chain management and organizational agility and achieve long-term success. This research aims to provide light on the complex interconnections between supply chain management, green innovation, and the sustainable performance of businesses. The theoretical framework for the present research was validated by the occurrence of a positive association between these variables.

Linking Social Capital, Knowledge Sharing, and Individual Outcomes: Future Research Agenda

In today's knowledge-based economy, knowledge sharing is essential for organizations to be successful. However, knowledge sharing can be challenging due to a lack of trust, fear of losing power or status, cultural barriers, and lack of incentives. This study aims to create a conceptual model to understand better the relationship between social capital and the knowledge sharing process. We use a literature review approach to understand what comes before and after knowledge sharing. By looking at existing research, we want to find out the things that lead to knowledge sharing and the results of it. This helps us get a full picture of how sharing knowledge works and what factors play a role The study will examine how social capital dimensions (structural capital, relational capital, and cognitive capital) affect knowledge collecting and knowledge. The findings of this study will help practitioners and managers to create an environment that encourages people to share their knowledge, leading to increased innovation, productivity, and decision-making effectiveness.

DESIGNING A TECHNOLOGY VALUATION MODEL IN IRANIAN STARTUPS

Technology valuation is needed by companies in today's knowledge-based economy. The intangible nature of technology, influence of environmental factors and conditions on it, have made calculating its value complicated. At present, a large part of the country's economic activities in the technological ecosystem is carried out by companies and startups, whose growth and development are possible with the influx of capital. Therefore, the aim of the upcoming research was to identify dimensions and explain the technology valuation model in Iranian startups. The approach of the research is qualitative, and in the research process, the Grounded Theory has been used. The 10 participants including active experts, policymakers, consultants, and CEOs in Iran's startup ecosystem, were selected by using the purposeful sampling method and analyzed by using the content analysis method. Participants identified factors such as lack of technology valuation requirements, bubble of startups claiming technology, innovation as causal factors, technology brokers and conflict of interests as interfering factors in the strategies of the desired phenomenon, development and promotion of technology valuation discourse, transformation of existing knowledge in the field of technology to valuable knowledge, leadership and idea management and localization of technology valuation as solution-oriented strategies, benefits of calculating the real value of technology and valuation process itself regardless of the result were expressed as the consequences of expanding the technology valuation model in Iranian startups. In this way, the dimensions of the desired model were extracted and explained.

Proposed Model of Green Intellectual Capital in the Manufacturing Sector: A Developing Country Perspective

In today's knowledge-based economy, the management of green intellectual resources (GIC) is very important in dealing with environmental issues. The implementation of GIC contributions is said to be able to help companies in driving competitiveness and sustainability. A green intellectual capital model is needed to enable companies that are sensitive to the environment, such as manufacturing companies in assessing the company's level of resource management. Since the existing GIC model is limited to measurement tools developed in developed countries, whose green technology progress is ahead of developing countries, a specific model that represents the perspective of developing countries should be developed. This paper is a continuation of the study on the measurement of GIC for environmentally sensitive companies in Malaysia. The methodology used in this study included a previous literature review, focus group interviews and expert reviews The results of this study have classified GIC into 5 themes, namely green human capital (GHC), green innovation capital (GNC), green organizational capital (GOC) and green relationship capital (GRC). This model is also highly recommended for use by researchers. and managers of the manufacturing sector in Malaysia and other developing countries.

CONTENT MARKETING IN ONLINE LEARNING PROGRAMS: A RESEARCH ON EU-FUNDED ‘E-PROFMAN’ PROJECT

Online learning composes an important potential for today's knowledge-based economy because it is independent from time & location, has a learner centered and cost effective approach and it connects different profiles of learners. Promotion of online learning programs via e-marketing strategies in order to attract participants is vital. At this point, content marketing offers new opportunities for improving the promotion process of online learning programs in an atmosphere where individuals spend important amounts of time on the internet as consumers of digital content. Content marketing aims to answer the questions of target audience clearly and establish empathy by providing individuals with useful, relevant and reachable content. Within this framework, the study aims to develop an understanding of usage of content marketing in promotion activities of online learning programs that have participants from multiple countries. In order to realize this purpose, visitor behaviors on e-Profman’s (an EU-funded international online learning program) website was analyzed by using Google Analytics data. Based on the results, it is possible to state that promoting an online education program by sharing content about it on other websites is the most efficient way to pull visitors to the program's application website. However, findings point out that the most engaging visitors are attracted through content shared on social networks. Data analysis revealed that content about lecturers of the program is the most consumed one by potential applicants. Within the scope of research, it is also observed that differences of country of origins play an important role when it comes to navigating the program's website and finalizing the application process.

An Entrepreneurial Decision-Making Model: A Case Study of the Electronic Business of Tehran

E-businesses play a critical role in today's knowledge-based economies. Despite their ‎increasing portion, e-businesses experience high rates of failure. Therefore, it is of prime ‎importance to identify their decision-making activities encountering outer competitive forces ‎and their internal structural events. In this study, through using the Grounded Theory approach, we ‎analyze interviews conducted by 20 entrepreneurs who have started and run e-businesses, based on ‎an ex-post facto view. We identified preconditions to entrepreneurial decisions to actualize in ‎three steps and their respective sub-activities that are taken during this decision. Decision-‎making strategies together with contextual and intervening factors that affect the adoption of the ‎mentioned strategies and decision making itself are also identified. Finally, probable outcomes ‎of entrepreneurial decisions are identified and reflected in emerged theory.‎

Role of intellectual capital on creation of innovation capabilities in HIS and computer units.

INTRODUCTION:Simultaneously along with information technology progress, knowledge has considered as a fundamental base for economic growth for the time being. In today's knowledge-based economy, production and exploitation of knowledge play the main roles in the process of wealth creation. The current revolution in information technology has given new light to the importance of knowledge such that it has now become the base of economy in today's world. In today's knowledge-based economy, production and exploitation of knowledge play the main roles in the process of wealth creation. Considering key contributions of knowledge management in competitiveness of organizations and their entry into global arenas, this study sought to evaluate the impact of different aspects of intellectual property on innovations in computer and health information system (HIS) units at selected medical center in the city of Isfahan during 2015.OBJECTIVES:The present study seeks to evaluate the impact of different aspects of intellectual property on innovations in computer and HIS units at selected medical centers in the city of Isfahan during 2015 (2015).SETTINGS AND DESIGN:Population of this research includes staff working in computer and HIS units of 10 medical centers. Data were collected using a questionnaire made by the researcher. A written questionnaire (also referred to as self-administered questionnaire) is a data collection tool in which written questions are presented that are to be answered by study individuals, where for the case of the present study include staff members working at computer and HIS units of 10 medical centers.MATERIALS AND METHODS:In the first stage, medical factors were determined by experts of Isfahan University of Medical Sciences as intellectual property. Factors were then distributed randomly among 100 employees during a survey, after considering their validity and reliability.STATISTICAL ANALYSIS:Descriptive and inferential statistics were used for data analysis.RESULTS:Data analysis showed that innovation is one of the most important indicators of intellectual capital in computer and HIS units of medical centers and has a higher than average importance.CONCLUSIONS:The results of this study, in addition to providing guidelines in the management of intellectual capital in Isfahan province hospitals, can be used as a model for improving innovation in hospitals and understanding various factors affecting organizational innovation.

Relationship of Abusive Supervision and Creativity of Academic Staff in Public Sector Universities: Mediating role of Knowledge Sharing

The importance of knowledge management enhances the competitive advantage of an organization in today's knowledge-based economy is agreed upon. In this era of globalized economy, knowledge is the main driver for growth. Knowledge promotes creativity is proved in the extant literature which is effected by abusive supervision. In this present study, we examine the process through which abusive supervision affects the creativity of employees. In particular, with the likelihood that abusive supervision is related to creativity of the employees and mediated by knowledge sharing behavior. Thus, the aim of present study is to investigate the effect of abusive supervision on the creativity of academic staff in the public sector universities with the mediating role of knowledge sharing. In order to analyze the relationship among the variables involved in the study, utilized the quantitative research methodology, deductive approach and cross-sectional time horizon .The questionnaire survey technique was adopted to collect the data. A five-point Likert scales with significant measures was used. The targeted population of the present study was the academic staff of three universities (Lahore College for Women University, The University of the Punjab, and Government College University, Lahore). Total 330 employees were selected as a sample through utilizing the proportionate stratified random sampling technique and among them 298 was fit for the analysis. The statistical tool, SPSS and AMOS was utilized to analyze the collected data to obtain the results. The results of the study show that abusive supervision has a negative effect on employee creativity and knowledge sharing of employees whereas; knowledge sharing has significant positive effect on employee creativity. Though, knowledge sharing is partially mediating the relationship between abusive supervision and knowledge sharing.

Examining the role of management succession planning (MSP) in talent identification and empowerment of human capital in Hormozgan University of Medical Sciences

: Introduction: Quality and knowledge-based human resources are the most important competitive advantage and the scarcest source in today's knowledge-based economy. Hence, the development of the capabilities, expertise, and commitment of well-trained employees is considered the most important management challenge in our time. The present study was conducted to investigate the role of Management Succession Planning (MSP) in human resources talent identification and empowerment of human capitals in Hormozgan University of Medical Sciences. Methods: The present study is descriptive-analytic. The population studied was all the staff of Hormozgan University of Medical Sciences. Demographic information Mishra and Spritzer's empowerment, and Oehley's talent management questionnaires were used for MSP data. Finally, the data were analyzed using t-test, and regression analysis. Results: The results show a positive and significant correlation between MSP and talent identification of the University of Medical Sciences. There is also a significant and positive correlation between MSP and human capital empowerment of the University of Medical Sciences (0.43). Based on these results, with each unit of change in the variance of talent identification, 0.18 change occurs in the variance of MSP score; and with each unit change in empowerment variance, 0.27 change occurs in the variance of MSP score. Conclusion: It seems that systematic MSP is one of the requirements of the management system of Hormozgan University of Medical Sciences. Potential managers need to work along current experienced managers to take steps in empowering human capitals of the university by establishing a decent performance assessment system.

Economic intelligence and intellectual capital in agriculture competitiveness: Case study

The process of globalization in the last few decades conditioned the many technological, economic and social changes which have transformed the world market of agricultural products and the impact on the competitive environment. In the modern world, creating material value in agricultural production more and more the result of the intangible factors and production is increasingly based on knowledge, skills and innovation of employees. In the industrial age the necessary resources to achieve competitive advantages were capital, natural resources and work, while in today's knowledge-based economy the importance is on the information, innovation, knowledge, intellectual capital and intellectual property - that have become the foundation of creating all other values. These values are, because of their great importance in achieving the modern competitive advantages, very often the target of economic intelligence and therefore require all available forms of protection. The sector of agricultural production can make a significant contribution to improving the overall national competitiveness if it is based on intellectual capital as evidenced by the country with highly developed agriculture. However, by observing global changes can be concluded that Serbia in this sector has unused potential for growth and development.

Using Hybrid Classifiers to Conduct Intangible Assets Evaluation

Traditional financial reporting usually ignores intangible assets, even though these assets play an increasingly important role in today's knowledge-based economy. As such, the valuation of intangible assets, while typically overlooked in traditional reporting, has nonetheless garnered widespread interest. This paper uses data-mining technologies to identify important valuation factors and to determine an optimal valuation model. In the feature selection process, the paper focus on three methods, namely, decision trees, association rules, and genetic algorithms in data mining, to identify important valuation factors. The results show that decision trees have approximately 75% prediction accuracy and select seven critical variables. In the prediction process, the paper constructs and compares many kinds of evaluation and prediction models. The results show that hybrid classifiers (i.e., k-means + k-NN) perform best in terms of prediction accuracy (91.52%), Type I and II errors (11.17% and 7.15%, respectively), and area under ROC curve (0.908).

DO INTANGIBLE ASSETS AFFECT PROFITS? EVIDENCE FROM PHILIPPINE PUBLICLY TRADED CORPORATIONS

ABSTRACT In today's knowledge-based economy, business entities have appropriately recognized intangible assets in their financial statements. The future economic benefits that intangible assets are expected to provide serve as the basis of such recognition. As more empirical data on the economic benefits from intangible assets become crucial, this study provides concrete evidence that intangible assets have a positive 20.71% return on net profit. Such a finding is based on the panel regression applied to the financial statements of all the 140 Philippine publicly traded corporations with investment in intangibles from the years 2010 to 2013. That result has surfaced in four of the five sectors studied: the property sector; holding companies; the services sector; and industrial, mining, and oil sector. Intangibles are not significant in explaining the net profit of firms in the financial sector. When the intangible assets were disaggregated, the study showed that both goodwill and other intangible assets have a significant effect on net profit as shown in the coefficient of 1.22766 and 0.842331, respectively. The study also reveals that the effects of intangible assets on profit are significantly different across sectors. Thus, it is difficult to hold a general assumption on the effects of intangibles on a sectoral basis. The results provide enough reasons for the business firms to consider intangibles as strategic assets and fundamental value drivers. Therefore, companies should enhance the impact of such intangible assets on future firm performance. Correspondingly, the government has to provide an enabling environment that would help the businesses maximize the value of and protect their assets, while standard-setting bodies need to persist in coming up with criteria and guidelines that are attuned to the needs of current times and practice. Keywords Intangible Assets; Goodwill; Net Profit; Publicly Traded Corporations

Strategic fulcrum for a knowledge-based economy: a conceptual 'knowledge-HR' archetype

In today's knowledge-based economy, organisation's core competency is built firmly on effective utilisation of human capital, by deploying and institutionalising the firm specific organisation practices. 'Knowledge' is the key to firm's strategic posture and a differentiating factor to leverage on sustained competitive advantage (SCA). This paper depicts the various approaches of strategic human resource management (HRM) practices to enhance the knowledge driven 'learning culture' i.e. organisational learning process. The organisational learning facilitates the human capital in terms of behavioural change, which in turn lead to improved performance of the organisation. The functional outputs of knowledge resource are captured by analysing the learning outcomes such as learning dynamics; organisation transformation; people empowerment; knowledge management and technology application. The impact of strategic HRM practices on learning outcomes are conceptualised as universalistic; contingency and configurational approach, as defined in strategic HRM literature. The universalistic approach portrays the impact of individual human resource (HR) practices on learning outcome. The contingency approach examines vertical fit between strategic HRM practices and knowledge strategy (learning levels). The configurational approach scans both the vertical fit and horizontal fit of policies and practices to reinforce one another.

The DIM Antithesis

Abstract Leonard Peikoff's “DIM Hypothesis” demonstrates that man's cognitive need for integration is important historically. It reflects the motive power of philosophy, of man's need to understand the world. But Peikoff's theory lacks predictive power for America's future. Today's knowledge-based economy enables the average person to enjoy enhanced cognitive control over his or her life. Technology has transformed the American work experience in ways that teach one crucial connection: between the productive use of the mind (i.e., thinking, judgment) and human survival. This emerging cognitive self-confidence mitigates the philosophical void left by cultural nihilism and creates an intellectual barrier to authoritarianism.

Psychological distress in the workforce: a multilevel and longitudinal analysis of the case of regulated occupations in Canada.

BackgroundThis study uses a multidimensional theoretical model to evaluate the role of regulated occupations and working conditions in explaining psychological distress.MethodsVarious multilevel regression analyses were conducted on longitudinal data for which measures repeated over time (n1 = 36,166) were nested in individuals (n2 = 7007).ResultsResults showed that when we controlled for working conditions, family situation, the social network outside the workplace, and personal characteristics, the level of psychological distress was significantly lower among professional workers in regulated occupations than among professionals not in regulated occupations. Among the working conditions studied, skill utilisation, psychological demands, and job insecurity were positively associated with psychological distress levels, whereas social support in the workplace was inversely related to distress. Finally, our results suggest that self-esteem reduced the effect of social support in the workplace on psychological distress levels in the workforce.ConclusionsThese results support our hypothesis that working in regulated occupations exerts a direct effect on mental health. These results also make clear the importance of developing new tools for measuring psychological distress among upper-level professional workers. Such tools will be much better suited to the realities characterising today's knowledge-based economies.

The Role Of Complex Leadership In Interfirm Strategic Networks: Enabling Effect Versus Emergence

In today's knowledge-based economy, the sources of competitive advantage lie more and more in webs of relationships among a variety of firms that over time originate the emergence of interfirm strategic networks. The paper aims to shed light on the role of complex leadership exerted by network central firms in promoting and supporting network interactions and the ensuing processes of knowledge and resource transfer and diffusion. Processes on which the network-based sources of competitive advantage are rooted. In the attempt to make the proposed contribution, on the one hand, we underscore the emergent nature of network interactions stemming from the self-organizing behaviors that spontaneously arise inside the interfirm strategic network. On the other hand, we show that the leadership action of network central firms sparks off enabling effects that join to self- organizing network behaviors. The result of the two mentioned forces is an expansion of the network interaction potential that permits both the networked actors and the strategic network as a whole to reach level of performance that may not be accomplished otherwise.

Knowledge Management in Academic Libraries and Information Centres: A Case of University Libraries

In today's knowledge-based economies, appropriate Knowledge Management (KM) has proved a strategic management tool to survive and thrive in the ever-changing global market. Therefore, increasingly, all types of organisations including tertiary institutions are adopting KM. This paper focuses on university libraries and presents the partial findings of a study carried out to investigate and explore KM practices in Southern African Development Community (SADC) university libraries. A structured questionnaire was used to carry out the study. The study revealed the main reasons for practicing KM to improve library services: to improve library services and productivity, produce more with less, avoid duplication of efforts and leverage existing knowledge. The major challenges were identified as constant budget decline, lack of incentives, inadequate staff training and expertise, a lack KM strategy, insufficient information and communication technology (ICT) infrastructure and a lack of knowledge sharing culture. Finally, the paper puts forward some recommendations and a framework for KM implementation in university/academic libraries.

A Critical Analysis of Skilled Labor Supply and Demand in the Australian Hospitality Industry

The critical imbalance between skilled labor supply and demand in the Australian hospitality industry is frequently noted. Workforce development issues are driving the agendas of industry and government alike, yet there is little evidence to suggest a reverse in this imbalance in the near future. While increasing importance is being attributed to this issue, there is only a minor contribution in the literature that extends beyond the conceptual and offers practical solutions that might arrest current trends and fortify the labor bases available to industry. This article consolidates current research and reveals key issues underpinning the current skills shortage. It identifies ways and means that industry, academia, and governments can work together to overcome the current crisis of skills shortages within the hospitality sector. The contribution of this article lies in the fact the it clearly demonstrates the need for the sector to embrace a fundamental tenet of today's knowledge-based economy—creating innovative solutions in a dynamic environment through trilateral collaborations involving industry, academia, and government. The effective management of such collaboration is perhaps where the greatest challenge rests.

C-Business: A Theoretical Framework for the implementation of Co-opetition Strategy in E-Business

In today's networked and knowledge-based economy, firms need to collaborate with their stakeholders with the use of Information and Communication Technologies (ICT). This type of alliance is called Collaborative E-Business (C-Business). In this paper, the authors examine whether firms can co-operate and compete at the same time (co-opetition), using a C-Business system, and whether this can lead to a co-beneficial relationship. Finally, a theoretical framework is presented on how C-Business and Co-opetition can be used to create value in a collaborative network, and thus create competitive advantages.

Globalization and Youth employment

The human resources that a country possesses maintain its importance within the production process, and in fact, in today's knowledge-based economy, human capital accumulation has become an even more important factor than in the past. Human capital has become the cornerstone of knowledge-intensive societies. Measured in terms of education at the national level, human capital also provides an impetus to economic growth. By employing qualified, highly educated manpower, knowledge-intensive technology companies of our day obtain an important competitive advantage (Madsen et al., 2003: 427). In this sense, in gaining qualifications such as digital literacy, creative thinking, effective communications and high productivity, young people have a greater advantage. Thus, in terms of countries with a young population, raising the young people in accordance with the necessities of our era and employing them within the production process according to their mentioned qualifications beyond necessity is seen as compulsory. Should this not take place, this young and dynamic population group will inevitably become the group that is most heavily burdened with all of the negative impacts of unemployment. For this reason, all countries that have grasped the importance of this matter have initiated youth employment policies. The basis of these policies rests in a series of interrelated policy applications such as lifelong training -centred f lexible t raining s ystems, in ternship a nd c areer consulting applications within the framework of institutional arrangements regarding transition from school to working life and legal arrangements. In this study, the place of youth in the labour market and employment issues is examined within the context of the globalisation process with examples from different countries. Additionally, policies that need to be developed during this process are mentioned and supported with concrete practical examples for developing recommendations, as well as considering the subject from other perspectives