This paper presents the significance of the new and innovative economy to organizational development, adopting to the business environmental changes and managing. The concept is based on a theoretical view of the innovative new economy, knowledge management and the impact of Web "20" and social...

Purpose – The aim of this paper is to investigate the significance of Web 2.0 and social media for the organizational development and adaptation to ever-changing business environment and its successful managing. Proposed model is based on the concepts of innovative economy, knowledge...