| Abstract: |
Changes that have recently taken place in the environment and contributed to
the emergence of knowledge economy make it necessary to revise the basic
assumptions of management of organizations and territories. Conditions that
used to be successful (for example, large-scale production, the performance of
all functions within the organization, the availability of significant
reserves of natural resources or production capacity of the territories) do
not guarantee the desired results today. In the knowledge economy, different
qualities of companies, regions and cities come first, namely, adaptability,
innovative receptivity, organization of a continuous learning process,
knowledge sharing, etc. This is promoted by active globalization, expansion of
the sphere of services and knowledge, strengthening of the role of
intellectual capital in achieving success by organizations and territories.
This paper reveals the essence and main characteristics of a knowledge-based
economy, the role of intellectual capital in the development of the knowledge
economy, the development of management in the context of the knowledge
economy; key factors of competitiveness of commercial organizations, the
impact of the knowledge economy on the development of organizations, regions,
cities, including megacities; directions for creating the preconditions for
the success of organizations and territories in the knowledge economy. |