ICT and Romania's Development Towards the Knowledge Economy

The new stage of the market-based economy is more strongly and more directly rooted in the production, distribution and use of knowledge. Knowledge creation and knowledge diffusion are key driving forces in the economy and knowledge has become an economic resource in its own right (Fischer and Atali...

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Format: Article
Language:English
Published: Inforec Association 2007-01-01
Series:Informatică economică
Subjects:
Online Access:http://revistaie.ase.ro/content/43/24-goschin.pdf
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collection DOAJ
description The new stage of the market-based economy is more strongly and more directly rooted in the production, distribution and use of knowledge. Knowledge creation and knowledge diffusion are key driving forces in the economy and knowledge has become an economic resource in its own right (Fischer and Atalik, 2002). Accordingly, firms are more and more interested in absorbing the advances in technological and organizational knowledge and in applying it in the production process and organization of work. In this context, any discussion about knowledge invariably leads to the question of the relationship between information and knowledge. Thus, according to Fischer, the common understanding is that "information does not become knowledge unless its value is enhanced through interpretation, organization, filtration, selection or engineering" (Fischer, 2002, p. 18). Moreover, nowadays the ICT revolution and the knowledge-based economy are closely interrelated. The convergence of computing, information and telecommunication technologies has changed the conditions for the production and dissemination of knowledge and its connection with the production system as well. New flexible information and communication technologies such as internet, web, intranet, extranet, data warehousing and data mining, as well as collaborative groupware technologies are responsible for the major changes in current abilities to handle data and information, to codify knowledge and to transmit codified knowledge (Fischer, 2006).
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spelling doaj.art-c95dc68af6304d5bb57a521ada7447982022-12-21T22:38:53ZengInforec AssociationInformatică economică1453-13051842-80882007-01-01XI37479ICT and Romania's Development Towards the Knowledge EconomyThe new stage of the market-based economy is more strongly and more directly rooted in the production, distribution and use of knowledge. Knowledge creation and knowledge diffusion are key driving forces in the economy and knowledge has become an economic resource in its own right (Fischer and Atalik, 2002). Accordingly, firms are more and more interested in absorbing the advances in technological and organizational knowledge and in applying it in the production process and organization of work. In this context, any discussion about knowledge invariably leads to the question of the relationship between information and knowledge. Thus, according to Fischer, the common understanding is that "information does not become knowledge unless its value is enhanced through interpretation, organization, filtration, selection or engineering" (Fischer, 2002, p. 18). Moreover, nowadays the ICT revolution and the knowledge-based economy are closely interrelated. The convergence of computing, information and telecommunication technologies has changed the conditions for the production and dissemination of knowledge and its connection with the production system as well. New flexible information and communication technologies such as internet, web, intranet, extranet, data warehousing and data mining, as well as collaborative groupware technologies are responsible for the major changes in current abilities to handle data and information, to codify knowledge and to transmit codified knowledge (Fischer, 2006).http://revistaie.ase.ro/content/43/24-goschin.pdfICTknowledges
spellingShingle ICT and Romania's Development Towards the Knowledge Economy
Informatică economică
ICT
knowledges
title ICT and Romania's Development Towards the Knowledge Economy
title_full ICT and Romania's Development Towards the Knowledge Economy
title_fullStr ICT and Romania's Development Towards the Knowledge Economy
title_full_unstemmed ICT and Romania's Development Towards the Knowledge Economy
title_short ICT and Romania's Development Towards the Knowledge Economy
title_sort ict and romania s development towards the knowledge economy
topic ICT
knowledges
url http://revistaie.ase.ro/content/43/24-goschin.pdf