Naslov
Impact of knowledge management on sustainable development in the innovative economy

Autori
Roblek, Vasja ; Meško, Maja ; Pejić Bach, Mirjana ; Bertoncelj, Andrej

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Refereed Proceedings of Business Systems Laboratory 2nd International Symposium / Ferri, Maria Antonella ; Basile, Gianpaolo - Rim : Universitas Mercatorum, 2014

ISBN
9788890824203

Skup
Business Systems Laboratory - 2nd International Symposium SYSTEMS THINKING FOR A SUSTAINABLE ECONOMY. Advancements in Economic and Managerial Theory and Practice

Mjesto i datum
Rim, Italija, 23.01.2014. - 24.01.2014

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Knowledge management; Innovative economy; Sustainable development; Organizational changes; Value added.

Sažetak
The purpose of this paper is to study the importance of sustainable development in the innovative economy. Knowledge-based processes in the innovative economy seem to open up several new avenues to be explored in the direction of sustainability. The theory of the innovative economy, in contrast to the neoclassical theory, is not based on the accumulation of financial capital as the main driver of economic growth in the knowledge- based economy but in greater extend on intellectual capital. This new business logic assumes that the rate of economic growth in the innovation economy depends on the products and/or services that are incurred predominantly as a result of knowledge integration. The emergence of the internet in the early 90s affected the growth of dot.com online businesses and the emergence of the third wave of capitalism. In the current economic crisis and recession, the consequences of low economic growth will further affect the changes in the global markets. This is reflected in different behaviour of consumers and resulting in the development of new business models, which include the concepts of sustainability. The paper examines critical factors that influence the role of innovative technologies in organizational change to ensure sustainability. Focus on sustainability directs corporate behaviour towards the environmental protection, which presumes the fulfilment of organizational and human needs. Therefore, current demands can be satisfied in the present, but the resources for their fulfilment will be preserved for future generations. In order to realise this goal, companies must invest in assets that provide sustainable development. Companies that comply with the sustainability concept are expected to create greater value. This conceptual paper contributes to ongoing discussion about increasingly important role of sustainable development as a major concern for the European Union, companies and NGO’s that have to develop new policies in order to foster sustainable growth of the society.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Informacijske i komunikacijske znanosti

POVEZANOST RADA