Mechanisms of an Ubiquitous Power-Source in the Knowledge-based Economy: Innovation and Competitive Advantage in Companies
Innovation is seen as an impetus for the competitiveness of products and processes, a basic principle of organizations in the knowledge-based economy. Being globally present in (re)defining the vision of an organization, placing a new product on the market, academic research projects, public policie...
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| Format: | Article |
| Language: | English |
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Ovidius University Press
2020-01-01
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| Series: | Ovidius University Annals: Economic Sciences Series |
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| Online Access: | http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%203/9.pdf |
| _version_ | 1828389993921380352 |
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| author | Alina-Ramona Butnariu |
| author_facet | Alina-Ramona Butnariu |
| author_sort | Alina-Ramona Butnariu |
| collection | DOAJ |
| description | Innovation is seen as an impetus for the competitiveness of products and processes, a basic principle of organizations in the knowledge-based economy. Being globally present in (re)defining the vision of an organization, placing a new product on the market, academic research projects, public policies or transfer of new technologies, innovation is no longer just a matter of competitive advantage, but a matter of survival. The aim of current paper is to demonstrate the global spread of innovation by examination and comparison of a variety of innovation measurement scales issued during 2019, concluding that a significant number of states, including Finland, Germany, Sweden, Denmark and Luxembourg are ranked consistently among the most competitive and innovative countries. Given the very low values for countries such as Romania, we conclude that they can only learn from the examples of good practices regarding the financing of innovative projects and companies. |
| first_indexed | 2024-12-10T06:37:40Z |
| format | Article |
| id | doaj.art-7aa3498df92743c5adad10595c404927 |
| institution | Directory Open Access Journal |
| issn | 2393-3127 2393-3127 |
| language | English |
| last_indexed | 2024-12-10T06:37:40Z |
| publishDate | 2020-01-01 |
| publisher | Ovidius University Press |
| record_format | Article |
| series | Ovidius University Annals: Economic Sciences Series |
| spelling | doaj.art-7aa3498df92743c5adad10595c4049272022-12-22T01:58:53ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272393-31272020-01-01XX1298305Mechanisms of an Ubiquitous Power-Source in the Knowledge-based Economy: Innovation and Competitive Advantage in CompaniesAlina-Ramona Butnariu0“Ștefan cel Mare” University of SuceavaInnovation is seen as an impetus for the competitiveness of products and processes, a basic principle of organizations in the knowledge-based economy. Being globally present in (re)defining the vision of an organization, placing a new product on the market, academic research projects, public policies or transfer of new technologies, innovation is no longer just a matter of competitive advantage, but a matter of survival. The aim of current paper is to demonstrate the global spread of innovation by examination and comparison of a variety of innovation measurement scales issued during 2019, concluding that a significant number of states, including Finland, Germany, Sweden, Denmark and Luxembourg are ranked consistently among the most competitive and innovative countries. Given the very low values for countries such as Romania, we conclude that they can only learn from the examples of good practices regarding the financing of innovative projects and companies.http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%203/9.pdfinnovationinnovative companycompetitive advantageentrepreneurshipstart-up |
| spellingShingle | Alina-Ramona Butnariu Mechanisms of an Ubiquitous Power-Source in the Knowledge-based Economy: Innovation and Competitive Advantage in Companies Ovidius University Annals: Economic Sciences Series innovation innovative company competitive advantage entrepreneurship start-up |
| title | Mechanisms of an Ubiquitous Power-Source in the Knowledge-based Economy: Innovation and Competitive Advantage in Companies |
| title_full | Mechanisms of an Ubiquitous Power-Source in the Knowledge-based Economy: Innovation and Competitive Advantage in Companies |
| title_fullStr | Mechanisms of an Ubiquitous Power-Source in the Knowledge-based Economy: Innovation and Competitive Advantage in Companies |
| title_full_unstemmed | Mechanisms of an Ubiquitous Power-Source in the Knowledge-based Economy: Innovation and Competitive Advantage in Companies |
| title_short | Mechanisms of an Ubiquitous Power-Source in the Knowledge-based Economy: Innovation and Competitive Advantage in Companies |
| title_sort | mechanisms of an ubiquitous power source in the knowledge based economy innovation and competitive advantage in companies |
| topic | innovation innovative company competitive advantage entrepreneurship start-up |
| url | http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%203/9.pdf |
| work_keys_str_mv | AT alinaramonabutnariu mechanismsofanubiquitouspowersourceintheknowledgebasedeconomyinnovationandcompetitiveadvantageincompanies |