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A key characteristic of a knowledge economy is the shift from an economy dominated by tangible assets to one that is based on intangible, knowledge-based assets, which consist primarily of human capital and innovation. The success of a regional knowledge economy is, in turn, measured by its ability to attract and retain companies that focus on the production, dissemination and application of knowledge,...
This paper analyzes the impact of the clustering of FDI on local economic development in terms of process innovation, productivity growth and structural transformation. Very little research has been conducted on the role of FDI clustering in the development of process innovation. In this research, a crucial factor of FDI clustering which fosters `input of innovation' contributes to output of innovation...
Indonesia has recognized the importance of entrepreneurship and innovation as engine for growth. Many of the still small numbers of entrepreneurs have been identified as necessity entrepreneurs, who undertake little or no innovation. Global Entrepreneurship Monitor (GEM) has studied that necessity entrepreneurship contribute marginally to economic development, while opportunity entrepreneurship contribute...
Human capital has become a central element in the innovation debate, but in the discourse on international mobility, Eastern European ??catching-up countries?? are usually afflicted with a brain drain that is inconsistent with their economic development. The case study of Estonia shows that to raise the competitive edge of companies, it is critical to embed internationally renowned and networked specialists...
SMEs have become the main force of China's economic development. Management of small and medium-sized enterprises is one of the main themes of management in China. From the angle of development, this article probes into the future development strategies of small and medium-sized enterprises of our country, on the basis of analysis points out the competitive pressure that the small and medium-sized...
By examining the impacts of the transformation generated by the ??information society?? on our country within the globalization process, it is argued that the ??new economy?? fact and the ??information society?? have created an ??e-transformation?? in strategic aspects. Knowledge, learning and innovation factors have been seen in the studies of economic growth and development by the middle of 1990...
There is evident and mounting need in the poorest regions of the world for sustainable solutions to help individuals suffering from extreme poverty rise out of their current situation and onto a path of prosperity. Professionals and grassroots innovators worldwide have acknowledged this global issue and are responding with fervor by understanding the needs of individuals in underserved markets and...
Many regions in the world, in developed and developing countries are striving for advanced technological and economic development. In this paper, based on a study of university related start-up companies some of the main barriers for growth are described. The findings are then discussed in a wider context of economic growth and whether it is possible to advance at an accelerated pace. It is concluded...
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