nep-knm New Economics Papers
on Knowledge Management and Knowledge Economy
Issue of 2008‒04‒21
five papers chosen by
Emanuele Canegrati
Catholic University of the Sacred Heart

  1. The Knowledge Economy/Society: The Latest Example of “Measurement Without Theory”? By Les Oxley; David Thorns; Paul Walker; Hong Wang
  2. Lifelong learning – an essential premise for building a society and economy based on knowledge By Todorut, Amalia Venera
  3. New Europe's Promise for Life Sciences By Filippov, Sergey; Kalotay, Kalman
  4. Value based information systems for small and medium enterprises By Moga, Liliana Mihaela; Virlanuta, Florina Oana; Buhociu, Florin Marian
  5. "Telecommunication Services and Economic Growth: Evidence from India" By Muttur Ranganathan Narayana

  1. By: Les Oxley (University of Canterbury); David Thorns; Paul Walker; Hong Wang
    Abstract: The world has embraced a set of concepts (knowledge driven growth) which are seen as the ‘core of future growth and wellbeing’ without any commonly agreed notion of what they are, how they might be measured, and crucially therefore, how they actually do (or might) affect economic growth and social wellbeing. The theory of how the mechanism works lacks important detail.
    Keywords: Knowledge Economy; Knowledge Society; Human Capital; Theory of the Firm
    JEL: D8 D21 L22 L23 O31
    Date: 2008–02–26
  2. By: Todorut, Amalia Venera
    Abstract: The transformation of knowledge in an essential element of social activities, its multiple functions and economic roles – a quasi-universal starting material, a capital and essential way of work with the tendency of having a prevailing role in firms and product – is normally reflected in the permanent attempt to intensify the processes of obtaining them. Maybe the most conclusive expression of this tendency is represented, in the last decades, by the permanent lifelong learning outline or by the whole period of life as an essential component of realizing a favorable environment for the economy based on knowledge. The object of lifelong learning is to ensure and maintain the individual skills and abilities and their improvement as the content of work, the technology and the professional requirements are changing, achieving the employees’ carriers and individual development, making increases in productivity and aggregate incomes and, at the same time, the improvement of social equity. The characteristics of lifelong learning are very significant: the universality of learning, the innovation in the content and method of learning and the environment of individual learning. A fundamental change is imposed on politics and development in what concerns learning and education, thus, all the people should have access to the lifelong learning and the opportunity of using it effectively. We propose, during our work, to identify the provocations at the level of education in an economy based on knowledge.
    Keywords: knowledge lifelong education development innovation
    JEL: I2
    Date: 2008
  3. By: Filippov, Sergey (UNU-MERIT); Kalotay, Kalman (UNCTAD)
    Abstract: The life sciences sector (and biotechnology in particular) has emerged as a prospective area, and attracted a lot of attention recently. Multinational companies in the life sciences seek to explore new markets, and, on the other side, governments strive to develop the life sciences sector perceiving it as a basis for long-term development. Whilst the R&D activities of global multinationals in life sciences still remain concentrated in the Triadic economies, these companies increasingly seek for new location to tap the knowledge. New EU member states emerge as such prospective locations. Notwithstanding the interest towards this sector, the body of literature on the development of life sciences in new EU member states, and particularly, the role of multinational companies, remains scant. In this explorative study we attempt to fill this gap and focus on the role of multinational companies in the Czech life sciences sector.
    Keywords: Life Sciences, Biotechnology, Pharmaceuticals, Multinational Companies, European Union
    JEL: F21 F23 L65 O32
    Date: 2008
  4. By: Moga, Liliana Mihaela; Virlanuta, Florina Oana; Buhociu, Florin Marian
    Abstract: The proposed paper intends to promote the knowledge in the field of small and medium enterprises information systems using a novel methodology based on Value Analyses principles, and particular on function analysis. Customer based software engineering could be a possible solution, as it has the capacity to connect the strategic decisions made in the process of software design with the beneficiary companies’ management objectives, which are affected by these decisions. The actual tendency in the evolution of soft approaches is the methodology elaborated by Hauser and Clausing, entitled: House of Quality. This approach is focused on the determining character of the clients' demands in the projection of information systems. In this tendency, the approach based on Value Analysis is also subscribed. Value analysis is the discipline that positions the consumer’s needs in the center of the methodology. It is known as a technical and economic design method which fundamentally differs from the classic cost reduction methods through the systematic and functional approach of the projected economic objects, taking into account the beneficiaries' concrete demands. Through this paper we intend to outline a methodology which will integrate the new discoveries made in the field of software architecture with the value analysis.
    Keywords: value; value analysis; information systems; function; SME
    JEL: C88 M13 B41
    Date: 2007–11–15
  5. By: Muttur Ranganathan Narayana (CIRJE, University of Tokyo and Institute for Social and Economic Change)
    Abstract: This paper estimates the contribution of telecommunication (or telecom) services to aggregate economic growth in India. Estimated contribution is distinguished between public and private sectors to highlight the impact of telecom privatization on economic growth. Knowledge of policy determinants of demand of telecom services is shown to be essential to enhance growth contribution of telecom services. Using a recent sample survey data from Karnataka State in South India, price and income determinants of demand for telecom services are estimated by capacity of telephone exchanges Estimation results offer evidence for significant negative own price elasticity and positive income elasticity of demand for telecom services. In addition, survey data are used to show for non-economic factors that influence demand for telecom services including non-awareness of the usage and cost of value added services. These results have implications for design of a national policy for promotion of demand for telecom services and economic growth.
    Date: 2008–02

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