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Globalization and ICT – Impact on the Commerce Development

Author

Listed:
  • Maja Lamza Maronic

    (J. J. Strossmayer University of Osijek Faculty of Economics)

  • Jerko Glavas

    (J. J. Strossmayer University of Osijek Faculty of Economics)

  • Marina Budimir

Abstract

People have to master the skill of rapid acquisition of new knowledge and forgetting the obsolete information. The increasingly dominant knowledge is not only a product, nor only a new business opportunity, but also a critical framework for developing specialized scientific information. Economic development should be accompanied with an appropriate level of ICT based on horizontally and vertically connected systems for gathering, processing, storag e and dissemination of scientific information. The process of knowledge management is a planned and guided process. It consists of a number of interrelated segments situated within an intelligent information system. It allows discovering, following and creating implicit knowledge, and is thus a driving force for the spiral of knowledge.

Suggested Citation

  • Maja Lamza Maronic & Jerko Glavas & Marina Budimir, 2011. "Globalization and ICT – Impact on the Commerce Development," Business Logistics in Modern Management, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 11, pages 229-238.
    • Handle: RePEc:osi:bulimm:v:11:y:2011:p:229-238
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