Pedagogic innovation through simulated enterprises – a prerequisite for higher education economic adaptation to the requirements of the knowledge society

The proposed theme is consistent with the current concerns of the European Union aiming to create a "Europe of Knowledge" in which people are able to live and operate in a competitive environment based on knowledge. Addressing innovation as a condition of higher economic education adaptation to the demands of modern society, this paper aims to provide a perspective on the use of new teaching methods, to test not only knowledge, but especially practical skills in various business activities from inside the simulated enterprises, offering those interested a reason to support their application in higher education.