existing knowledge is supplemented by the idea that markets are also most effectively creating new knowledge. However, in his … assessment Hayek neglects the role of new technological knowledge. He ignores that the discovery procedure induces not only price …

Intellectual capital has become a key element of the knowledge economy and the knowledge economy, which includes today …, appealing those experts would transform tacit knowledge into explicit knowledge. The organizational communication provides the …

This paper discusses several features of knowledge that are often considered crucial for characterizing the economic … significance of knowledge: whether it is overtly accessible or tacit, whether it can be or is encoded or not, and whether it has … public or private good character. It is argued that all these features depend similarly on the state of the knowledge …

The European Union strategy for building knowledge-based economy includes a set of objectives, priority action areas … the most competitive and dynamic knowledge-based economy. In many fields of activity, economic too, knowledge is an … important source of power, or, in other words, one of the main instruments of economic and social success. Knowledge must always …

To produce an effect, knowledge needs to be first acquired and expressed by a human agent. This trivial fact is a … constraint on knowledge commercialization. The highly systemic nature of the decentralized production of knowledge is another …, focusing particularly on the often-neglected entrepreneurial aspects of the transfer of knowledge. It shows how the constraints …

The concepts of knowledge and knowledge management have a significant position at the business level in Romania. Their … importance is given by a created competitive advantage among organizations. Such knowledge is lived and felt experience, the use … that may lead to several results. Knowledge Management was developed as a philosophy and applications by companies, but it …

components of the intellectual capital, such as knowledge, intelligence and values and how they determine the generation and … those specialists who could transform the tacit knowledge into explicit knowledge. The organizational communication provides …