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on Knowledge Management and Knowledge Economy |
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Issue of 2023‒12‒11
six papers chosen by Laura Nicola-Gavrila, Centrul European de Studii Manageriale în Administrarea Afacerilor |
| By: | Kouam, Henri; Mua, kingsley |
| Abstract: | This paper presents the theory of innovation in attaining economic sciences. It equally reviews economic literature and investigates creation from different economic models. It begins with analyzing views on classical economics, including Adam Smith and David Ricardo. This is followed by discussions on theory in innovation today, as handled in the knowledge-based economy. Analyzing the achievements in economic thought outlines that innovation's importance and relevance have grown over the last decade. |
| Keywords: | Innovation, Economics, Development, Theory, Economic Growth, |
| JEL: | B1 B12 B22 O3 O40 |
| Date: | 2023–03–07 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:119162&r=knm |
| By: | Colin Wessendorf; Nils Grashof |
| Abstract: | This study analyses the influence of Key Enabling Technologies (KETs) on radical innovation at the firm-level in 27 EU countries. KETs are a group of six technologies that are considered to be promising for Europe’s industrial competitiveness and innovativeness because they are horizontal and widely combinable, representing properties of General Purpose Technologies. We test this by investigating whether KET knowledge promotes the emergence of radical innovation in firms and whether regional specialization in KETs can moderate this relationship. Based on a unique firm-level database, our results show that KETs generally facilitate the emegence of radical innovation and that firms lacking KET knowledge in particular can benefit from being located in regions specialised in KETs. However, when focusing on the six individual KETs, the results get markedly heterogeneous and point to differences in the influence of engineering-oriented and science-based KETs. Our results therefore call for tailored, KET-specific, approaches – both in research and policy. |
| Keywords: | Radical Innovation, Recombinant Novelty, Knowledge Creation, General Purpose Technologies, Key Enabling Technologies, Firm-Level |
| JEL: | L25 O31 O33 R10 |
| Date: | 2023–11 |
| URL: | http://d.repec.org/n?u=RePEc:atv:wpaper:2303&r=knm |
| By: | Yannai A. Gonczarowski; Yoram Moses |
| Abstract: | Formally, for common knowledge to arise in a dynamic setting, knowledge that it has arisen must be simultaneously attained by all players. As a result, new common knowledge is unattainable in many realistic settings, due to timing frictions. This unintuitive phenomenon, observed by Halpern and Moses (1990), was discussed by Arrow et al. (1987) and by Aumann (1989), was called a paradox by Morris (2014), and has evaded satisfactory resolution for four decades. We resolve this paradox by proposing a new definition for common knowledge, which coincides with the traditional one in static settings but generalizes it in dynamic settings. Under our definition, common knowledge can arise without simultaneity, particularly in canonical examples of the Haplern-Moses paradox. We demonstrate its usefulness by deriving for it an agreement theorem \`a la Aumann (1976), and showing that it arises in the setting of Geanakoplos and Polemarchakis (1982) with timing frictions added. |
| Date: | 2023–11 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:2311.04374&r=knm |
| By: | Nils Grashof; Alexander Kopka |
| Abstract: | Artificial intelligence (AI) is seen as a key technology for economic growth. However, the impact of AI on firm productivity has been under researched – particularly through the lens of inequality and clusters. Based on a unique sample of German firms, filling at least one patent between 2013 and 2019, we find evidence for a positive influence of AI on firm productivity. Moreover, our analysis shows that while AI knowledge does not contribute to productivity divergences in general, it increases the productivity gap between laggard and all other firms. Nevertheless, this effect is reduced through the localisation in clusters. |
| Keywords: | Artificial intelligence, Inequality, Productivity, Clusters, Patents, Firm-level |
| JEL: | O18 O30 R10 |
| Date: | 2023–11 |
| URL: | http://d.repec.org/n?u=RePEc:atv:wpaper:2304&r=knm |
| By: | Badrane Nohayla (ENCGS - Ecole Nationale de Commerce et de Gestion de SETTAT); Bamousse Zineb (ENCGS - Ecole Nationale de Commerce et de Gestion de SETTAT) |
| Abstract: | In a turbulent, unpredictable and hyper-competitive environment, the performance and hence the sustainability of companies are drawing the international community's attention. In Morocco, performance is one of the most desirable objectives, and the path of innovation remains the vast area to be followed in order to boost this performance. In fact, while innovation has long been the preserve of Research and Development departments, the time has come to extend it to penetrate the cash management function as a performance catalyst. In this respect, the integration of artificial intelligence at the heart of cash management will be strategic to sustain the performance of Moroccan companies and maintain their survival. Thus, the objective of this research is to better understand the link between innovative cash management and the corporate financial performance through a rigorous analysis of the literature. In this regard, the findings reveal that artificial intelligence at the service of cash management remains a key springboard for growth. It is proving to be a valuable decision making tool aimed at supporting the development and boosting the performance of Moroccan companies in the national and international economic landscape |
| Abstract: | Dans un environnement turbulent, imprévisible et hyperconcurrentiel, la performance et partant la pérennité des entreprises éveillent l'intérêt de la communauté internationale. Par ailleurs, au Maroc, la performance se positionne comme l'une des objectifs tant souhaités et le chemin de l'innovation demeure le vaste chantier à emprunter afin de booster cette performance. En effet, si l'innovation a longtemps été la chasse gardée des départements Recherche et Développement, l'heure est venue de l'étendre pour pénétrer la fonction de la trésorerie en vue d'en faire un atout catalyseur de la performance. A ce propos, l'intégration de l'intelligence artificielle au cœur de la gestion de la trésorerie sera stratégique pour pérenniser la performance des entreprises marocaines et en maintenir la survie. Ainsi, l'objectif de la présente recherche est de mieux appréhender le lien entre une gestion de trésorerie innovante et la performance financière des entreprises à travers une analyse rigoureuse de la littérature. A cet égard, les résultats de cette recherche enseignent que l'intelligence artificielle au service de la gestion de la trésorerie demeure un ressort clé de la croissance. Elle s'affirme un outil d'aide à la décision précieux visant à soutenir le développement et stimuler la performance des entreprises marocaines dans le paysage économique national voire international. |
| Keywords: | Gestion de la trésorerie, Intelligence Artificielle, Performance financière, Innovation, Entreprises marocaines |
| Date: | 2023–08–01 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04280353&r=knm |
| By: | Takeshima, Hiroyuki; Yamauchi, Futoshi; Balana, Bedru; Adeyanju, Dolapo; Edeh, Hyacinth; Kadjo, Didier; Liverpool-Tasie, Lenis Saweda; Abdoulaye, Tahirou; Yegbemey, Rosaine Nerice; Ayenan, Mathieu; Olanipekun, Caleb I. |
| Abstract: | Fruits & vegetable value chains (F&V VC) in Nigeria hold significant potential to continue toward sustainable, inclusive food system transformation. Domestic food system growth, including that of F&V, remains crucial in achieving a healthy food environment and serving as a source of various micronutrients. There is a need for bundles of innovations to address multiple challenges along F&V VC in Nigeria, characterized by a set of challenges that are unique to developing countries and F&V. V&F VC consists of many small actors, farmers, and traders, whereby limited vertical coordination can lead to significant efficiency loss along the value chain. Seasonal and temporal variations in supply-demand gaps for F&V commodities are substantial, and considerable scope exists for reducing losses and enhancing the overall efficiency of the domestic F&V sector. Policy environments are also favorable for such efforts, as the latest Agricultural Policy documents highlight the Nigerian government’s interest in modernizing F&V VC. Given the significant involvement of women and youths in the sector, F&V VC development has substantial potential to contribute to Nigeria's inclusive development of agrifood systems. The current domestic F&V VC in Nigeria suffers from various sets of problems. Access to quality seeds is limited due to the significant use of recycled seeds, limited supply, and high costs of certified seeds. Cooling practices are inefficient due to insufficient access to the grid and off-grid electricity, limited knowledge of intermediate cooling methods applicable at the farm gate, and constraining quality preservations at farm gate storage, during transportation, and storage at market premises. Processing is insufficient due to the high costs of processing equipment and limited knowledge of the construction and operation of simpler, less resource-dependent processing facilities, including drying of F&V commodities. Inappropriate packing, such as the use of Rafia baskets instead of Reusable Plastic Crates, which are commonly recognized, is still prevalent, potentially due to limited market coordination. Based on the stakeholder consultations, desk reviews, validation workshops, and availability of external resources, we identified the following as critical interventions to pilot various innovation bundles. Intervention #1 provides improved varieties and quality seeds, combined with agronomy training and certification, in northern Nigeria through the collaboration with East West Seeds and Wageningen University & Research. Intervention #2 provides off-grid cooling and cool transportation, including forced-air evaporative cooling units at farm clusters and the combination of small and large refrigerated trucks for local and longer-distance transportation, through the collaboration with ColdHubs and MIT-Lab. Intervention #3 introduces improved solar dryers and provides training on appropriate, hygienic processing methods, building, and utilization of these driers (possibly combined with the introduction of a business model), through the collaboration with World Vegetable Center and Nigerian Stored Products Research Institute. Intervention #4 provides plastic crates using various rental arrangements and improves market access for farmers through collaboration with private companies, including Bunkasa. Intervention #5 supplements interventions #1, #2, and #3 and provides improved information through certification and labeling. Lastly, Intervention #6 strengthens linkages between existing solar powered cold storages to supplement other interventions. |
| Keywords: | NIGERIA; WEST AFRICA; AFRICA SOUTH OF SAHARA; AFRICA; value chains; fruits; vegetables; sustainability; food systems; policies; markets; infrastructure |
| Date: | 2023 |
| URL: | http://d.repec.org/n?u=RePEc:fpr:rtfmin:9&r=knm |