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...

The purpose of this paper is to research the meaning of the sustainable development in the innovation economy. Knowledge processes in an innovative economy seem to open up new and varied avenues to be explored in the direction of sustainability. Innovative economic theory in contrast to...