Current Issue : January-March Volume : 2024 Issue Number : 1 Articles : 5 Articles
The purpose of this paper is to offer a complete image of the knowledge economy topic, by conducting a literature review on the subject. The article presents the definitions and the way they were approached during time and by different authors both for knowledge economy and knowledge organizations, as components of the knowledge economy. We consider this study to be important by the contribution it brings in obtaining some needed clarifications in terms of knowledge economy. The objective of the paper is to offer a concise presentation of the reviewed topic, to present and to analyze the connections discovered in the literature between this topic and other major concepts. A bibliometric analysis was performed, using VOS viewer, in order to analyze the research trends regarding this topic. The data needed for performing this analysis were extracted both from the Web of Science and Scopus. Based on the collected data, the evolution in time of the number of publications that approached this subject and the countries where these publications were present were analyzed. Also, it was analyzed the intensity of the links between the most used keywords in relation to knowledge economy. The results of our study reveal that knowledge economy is very strong connected to innovation, knowledge management, globalization, human capital and intellectual capital, higher education, knowledge and education. Weaker than expected, link strengths have been identified when talking about competitiveness, information and communication technology. The conclusions of the paper explained those unexpected results, which are not in line with our findings from the literature review....
The assessment of the cyclical position of the economy represents for the monetary policy a crucial aspect in the decision-making process. Its relevance in this context is given by the characteristics of the indicator to be a measure of the degree of the inflationary pressures in the economy and to connect real economic activity and inflation. In this paper, we use a relatively new approach in this research area to estimate the real-time output gap. The method is based on a multivariate Beveridge-Nelson decomposition with a mixedfrequency Bayesian VAR that was initially proposed by Morley and Wong (2020) and Berger et al (2023) and it was customized for Romanian economic characteristics. The data set covers nine monthly indicators, mostly representative for the real economy, but also for confidence, commodity and financial markets to which adds the quarterly GDP growth, in real terms. The results highlight the presence of an excess of demand in the economy, following the rebound of consumption from the Covid-19 pandemic. For the last quarter of 2022, the estimated value of the output gap is around 3 %....
It is pointed out in the report of the 20th CPC National Congress that it is necessary to build a high-level socialist market economic system, give full play to the decisive role of market in the allocation of resources, and give better play to the role of government to promote state-owned capital and stateowned enterprises to become stronger, better and bigger. Government investment funds play a key role in supporting innovation and entrepreneurship, the development of small and medium-sized enterprises, industrial transformation, upgrading and development, infrastructure and public services. This paper analyzes the development of government investment funds in China from three aspects: connotation and objectives, operation and management, supervision and performance evaluation. In combination with the plight in fund-raising, investment and management with investment and management practice, the paper puts forward some suggestions for the development of diversified sources of social capital, marketization of operation management, flexibility of system and mechanism and differentiation of supervision management on this basis....
The circular economy is the most recent wave for academics and practitioners due to the attempt to integrate business activity with the environment. The demand to limit the negative consequences of the traditional linear business model is set by European norms and legislation, as well as by consumers, through the circular economy as a step toward carbon neutrality. The research motivationis to examine whether multinational corporations have set out to provide solutions to a changing world. This study focuses at challenges in the fashion industries. The research design is organized on analyzing the concept of circular economy, and the implication in circular transition for a sustainable society for the top ten European fashion industries. The research methodology is an exploratory analysis. This paper is an important research tool, providing a valuable answer to the question of multinational business in a changing economic and environmental context. The major findings of this paper highlight the transformation process from the linear business model to the value circle. Circularity is expected to become a way of working in the future. This is the first case study of top ten European fashion corporations transitioning to a circular economy, with editorial implications. Furthermore, the circular economy phenomenon has been demonstrated on sustainable business models of fashion multinationals....
The aim of the article is to show the usefulness of modern cost management tools in improving the efficiency of the use of company resources. Particular attention was paid to activity-based costing (ABC), including its latest concept of time-driven activity-based costing (TD ABC), target costing and kaizen costing. An important advantage of these tools is the continuous improvement of production processes and product quality, informing about activities leading to an increase in the efficiency of the company's operations in the future, about the size of resources unused in the company and related costs, as well as about possible current surpluses and shortages of operational capacity. The implementation of these tools enables more efficient use of resources and their allocation between cells. Thus, these tools support the systematic transition to a circular economy. In order to achieve this goal, the literature on the subject was reviewed and research was carried out among enterprises from the SME sector in the context of their knowledge of the assumptions of the circular economy concept and the tools used for management (including cost management)....
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