nep-knm New Economics Papers
on Knowledge Management and Knowledge Economy
Issue of 2018‒02‒12
seven papers chosen by
Laura Ştefănescu
Centrul European de Studii Manageriale în Administrarea Afacerilor

  1. The Impact of Innovation Capital on Firm Values By Gareeva Yuliya; Dranev Yury; Kucherov Alexander
  2. An Analysis of Knowledge Management for the Development of Global Health By Mohajan, Haradhan
  3. Evolution of Regional Innovation with Spatial Knowledge Spillovers: Convergence or Divergence? By Junwen Qiu; Wenjian Liu; Ning Ning
  4. Knowledge Management Strategy to Improve Business Sector By Mohajan, Haradhan
  5. Sharing of Tacit Knowledge in Organizations: A Review By Mohajan, Haradhan
  6. Higher Education for Smart Specialisation: The case of North East Romania By Elisabetta Marinelli; John Edwards; Cosmina Mironov
  7. Enhancing Teaching Through Innovation in the University: What Teachers should Know and Do. By Bukari, Chei; Owusu, Anthony Akwesi

  1. By: Gareeva Yuliya (National Research University Higher School of Economics); Dranev Yury (National Research University Higher School of Economics); Kucherov Alexander (National Research University Higher School of Economics)
    Abstract: The current worldwide tendency to transform the global economy into a knowledge economy indicates that there is a need to analyze intellectual capital and approaches to its measurement, management and influence on company value. Taking into account the intangible nature of intellectual capital its measurement is an unconventional task for researchers with tough choices of adequate proxies. In this paper, we differentiate between components of intellectual capital and focus on innovation capital. We propose a methodology to measure intellectual capital and we analyze how intellectual capital influences company value in emerging markets. For this purpose, we investigate the relation between intellectual capital and the cost of equity influencing a company’s value through a discount rate
    Keywords: innovation capital; intellectual capital; cost of equity; asset pricing; emerging markets
    JEL: G32 O3
    Date: 2018
  2. By: Mohajan, Haradhan
    Abstract: Recently knowledge management (KM) has become very important part of the everyday work in healthcare practices. The KM transforms a health organization into a learning organization able to generate new knowledge, create knowledge systems and base organizational actions on knowledge in healthcare. It makes the close and long-term relationship among healthcare providers and patients to create a greater mutual understanding, trust, and patient involvement in decision making. The paper discusses telemedicine, information technology, efficient nursing system, medical errors and reduction of these errors, healthcare cooperation among different healthcare providers in healthcare systems. It briefly discusses healthcare strategy in four developed and developing countries. This paper investigates the creation, sharing, storing and utilization of knowledge in medical science. The aim of this study is to apply the concept of KM and to investigate the use of KM to the health sector. An attempt has been taken here to discuss overview of KM, its methods and techniques, and applications of efficient KM in health sector.
    Keywords: Knowledge, Knowledge Management, Healthcare, Health Information, Health Organizations, Healthcare Cost, Nursing, Medical Errors
    JEL: I1 I15 M12
    Date: 2016–07–16
  3. By: Junwen Qiu; Wenjian Liu; Ning Ning
    Abstract: Based on endogenous economic growth models and the panel data of 31 regions in China, this paper explores the following four questions: Do spatial knowledge spillovers among regions exist? Do spatial knowledge spillovers promote regional innovative activities? What is the radiation range of spatial knowledge spillovers? Do external knowledge spillovers affect the evolution of regional innovations in the long run? The results show that spatial knowledge spillovers exist, and though the range of knowledge spillover is within 1000 kilometers in China, it pushes up regional innovative activities. Moreover, since developing regions benefit more from external knowledge spillovers than developed regions, it leads to the convergence of regional knowledge growth rate.
    Date: 2018–01
  4. By: Mohajan, Haradhan
    Abstract: Every organization needs the proper knowledge management (KM) strategy for the development of the organization. In the last decades the business environment has changed and recently it becomes more dynamic and more complex. At present KM is valuable not only for individuals, and organizations, but also, for global humanity. So, the directors of the organizations must emphasize on the existing knowledge and try to develop them to achieve the competitive advantage. The purpose of the study is to explore the recent KM practice in the organizations and to show the ways to develop the new KM strategy in future. An attempt has been taken here to apply KM strategy in business performance, business intelligence, and e-business.
    Keywords: Knowledge, knowledge management, business intelligence, business performance, e-business
    JEL: M1 M16
    Date: 2017–03–10
  5. By: Mohajan, Haradhan
    Abstract: Knowledge is regarded as a strategic factor in knowledge management implementation. It is mainly divided into two types: tacit and explicit. Tacit knowledge is created in the human mind as individual know-how and can be expressed as innovation. It is unwritten, unspoken and hidden vast storehouse of knowledge of a person. It is obtained as a result of the direct interaction between individuals and their peers in the organization. For the sustainable development of the modern global economy tacit knowledge can play an important role. Acquire and extract of tacit knowledge is not a very easy task, since it is very complex in its nature. The success and well-being of humankind is an essential issue in the twenty first century and use of tacit knowledge makes the job easier. Management of tacit knowledge effectively and efficiently is a key success factor for the organizations. The paper tries to discuss sharing of tacit knowledge for the sustaining of the long-term capabilities and performance in organizations. It analyzes the importance and difficulties of sharing tacit knowledge. This paper also makes an effort to explore the properties and characteristic of tacit knowledge thinking for the new readers.
    Keywords: Explicit and Tacit Knowledge, Knowledge Sharing and Transfer, Polanyi, Nonaka
    JEL: M1 M12
    Date: 2016–06–05
  6. By: Elisabetta Marinelli (European Commission - JRC); John Edwards (European Commission - JRC); Cosmina Mironov (Bucharest University)
    Abstract: This report synthesises the findings of the project Higher Education and Smart Specialisation (HESS) in North East Romania, a region that has been examined as one of the case studies. The project analyses the links between the higher education (HE) system and the development and implementation of Smart Specialisation Strategies (S3). On the one hand, the report identifies the challenges that S3 and the shift towards place-based innovation raise for Higher Education Institutions (HEIs) in the region; on the other, it explores how HEIs' activities can best support S3 in a region with an early-stage regional innovation system. The case of North East Romania is particularly interesting, as the region hosts well-established universities , that are anchored to their traditional missions of teaching and research, while facing critical questions posed by S3. In particular the report explores how HEIs can contribute to knowledge-based regional development, not only through locally-relevant teaching programmes, but also through territorially grounded research, technology transfer and societal engagement. The case study has employed participatory and qualitative research methods, which have been complemented by desk based research on the policy and socio-economic context.
    Keywords: Smart specialisation, higher education
    Date: 2017–12
  7. By: Bukari, Chei; Owusu, Anthony Akwesi
    Abstract: Burgeoning literature in education have shown an affirmed resolve of educators to adopt modern productive teaching approaches to ensure maximum learning outcomes. There is indubitably a serious need for teachers in higher educational institutions to focus on ways of enhancing teaching and learning. However, few researchers appear to have focused on the subject. This working paper, by employing the narrative design, examined the teaching enterprise with emphasis on moving from pedagogy to andragogy as a harbinger for the creation of autonomous self-directed adults. The paper advocates for pragmatic teaching strategies for teachers at this level. It concludes that university teachers must necessarily take advantage of the-now-increasing avenues for knowledge nourishment widely provided by outstanding journals, conference, articles and scholarly books among other knowledge outlets. Teachers are urged to profiteer from the wide range of polished teaching options espoused and circulated via the media. It is the paper‘s view that implementing contemporary teaching methods is the only panacea to tackling the current phenomenon of qualification inflation that has virtually led to the reduction of the academic currency among graduates. The paper‘s firm belief is that with innovative teaching methods, teachers desire for excellence in the classroom is already a forgone conclusion
    Keywords: contemporary approaches; experiential learning, collaborated learning, Problem-based learning, student voice, active students participation
    JEL: A2 B5
    Date: 2017–01–31

This nep-knm issue is ©2018 by Laura Ştefănescu. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
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