Towards a New Approach of the Economic Intelligence Process: Basic Concepts, Analysis Methods and Informational Tools

One of the obvious trends in current business environment is the increased competition. In this context, organizations are becoming more and more aware of the importance of knowledge as a key factor in obtaining competitive advantage. A possible solution in knowledge management is Economic Intellige...

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Main Authors: Sorin Briciu, Marinela Vrîncianu, Florin Mihai
Format: Article
Language:English
Published: General Association of Economists from Romania 2009-04-01
Series:Theoretical and Applied Economics
Subjects:
Online Access:http://www.ectap.ro/articole/379.pdf
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author Sorin Briciu
Marinela Vrîncianu
Florin Mihai
author_facet Sorin Briciu
Marinela Vrîncianu
Florin Mihai
author_sort Sorin Briciu
collection DOAJ
description One of the obvious trends in current business environment is the increased competition. In this context, organizations are becoming more and more aware of the importance of knowledge as a key factor in obtaining competitive advantage. A possible solution in knowledge management is Economic Intelligence (EI) that involves the collection, evaluation, processing, analysis, and dissemination of economic data (about products, clients, competitors, etc.) inside organizations. The availability of massive quantities of data correlated with advances in information and communication technology allowing for the filtering and processing of these data provide new tools for the production of economic intelligence.The research is focused on innovative aspects of economic intelligence process (models of analysis, activities, methods and informational tools) and is providing practical guidelines for initiating this process. In this paper, we try: (a) to contribute to a coherent view on economic intelligence process (approaches, stages, fields of application); b) to describe the most important models of analysis related to this process; c) to analyze the activities, methods and tools associated with each stage of an EI process.
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spelling doaj.art-c4ba33e8b4d4410788f55265f5ee55a62022-12-21T18:51:43ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86782009-04-0104(533)04(533)2134Towards a New Approach of the Economic Intelligence Process: Basic Concepts, Analysis Methods and Informational ToolsSorin BriciuMarinela VrîncianuFlorin MihaiOne of the obvious trends in current business environment is the increased competition. In this context, organizations are becoming more and more aware of the importance of knowledge as a key factor in obtaining competitive advantage. A possible solution in knowledge management is Economic Intelligence (EI) that involves the collection, evaluation, processing, analysis, and dissemination of economic data (about products, clients, competitors, etc.) inside organizations. The availability of massive quantities of data correlated with advances in information and communication technology allowing for the filtering and processing of these data provide new tools for the production of economic intelligence.The research is focused on innovative aspects of economic intelligence process (models of analysis, activities, methods and informational tools) and is providing practical guidelines for initiating this process. In this paper, we try: (a) to contribute to a coherent view on economic intelligence process (approaches, stages, fields of application); b) to describe the most important models of analysis related to this process; c) to analyze the activities, methods and tools associated with each stage of an EI process.http://www.ectap.ro/articole/379.pdfeconomic intelligenceinformational watcherinformation searchdecision-making process.
spellingShingle Sorin Briciu
Marinela Vrîncianu
Florin Mihai
Towards a New Approach of the Economic Intelligence Process: Basic Concepts, Analysis Methods and Informational Tools
Theoretical and Applied Economics
economic intelligence
informational watcher
information search
decision-making process.
title Towards a New Approach of the Economic Intelligence Process: Basic Concepts, Analysis Methods and Informational Tools
title_full Towards a New Approach of the Economic Intelligence Process: Basic Concepts, Analysis Methods and Informational Tools
title_fullStr Towards a New Approach of the Economic Intelligence Process: Basic Concepts, Analysis Methods and Informational Tools
title_full_unstemmed Towards a New Approach of the Economic Intelligence Process: Basic Concepts, Analysis Methods and Informational Tools
title_short Towards a New Approach of the Economic Intelligence Process: Basic Concepts, Analysis Methods and Informational Tools
title_sort towards a new approach of the economic intelligence process basic concepts analysis methods and informational tools
topic economic intelligence
informational watcher
information search
decision-making process.
url http://www.ectap.ro/articole/379.pdf
work_keys_str_mv AT sorinbriciu towardsanewapproachoftheeconomicintelligenceprocessbasicconceptsanalysismethodsandinformationaltools
AT marinelavrincianu towardsanewapproachoftheeconomicintelligenceprocessbasicconceptsanalysismethodsandinformationaltools
AT florinmihai towardsanewapproachoftheeconomicintelligenceprocessbasicconceptsanalysismethodsandinformationaltools