The Assessment Models of Knowledge-Based Economy Penetration

Authors

  • Kęstutis Kriščiūnas Kauno technologijos universitetas
  • Rasa Daugėlienė Kauno technologijos universitetas

Abstract

The importance of knowledge-based economy (KBE) in the XXI century is evident. In the article the reflection of knowledge on economy is analysed. The main point is targeted to the analysis of characteristics of knowledge expression in economy and to the construction of structure of KBE expression. This allows understanding the mechanism of functioning of knowledge economy. The authors highlight the possibility to assess the penetration level of KBE which could manifest itself trough the existence of products of knowledge expression which could be created in acquisition, creation, usage and development of them. The latter phenomenon is interpreted as knowledge expression characteristics: economic and social context, human resources, ICT, innovative business and innovation policy. The reason for this analysis was based on the idea that in spite of the knowledge economy existence in all developed World countries a definitive, universal list of indicators for mapping and measuring the KBE does not yet exist. Two theoretically separated groups of Knowledge Expression Assessment Models are presented in the article. Considering shortages of analysed models and seeking to create flexible model for knowledge expression assessment, instrument for the assessment of knowledge expression in economy is suggested in the article. The structure of evolvent of knowledge expression assessment criteria as well as the possible fields and subjects for the application of suggested instrument is declared in the article as well.

Author Biographies

Kęstutis Kriščiūnas, Kauno technologijos universitetas

Rasa Daugėlienė, Kauno technologijos universitetas

Additional Files

Published

2006-11-24

Issue

Section

ECONOMICS OF ENGINEERING DECISIONS