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Knowledge Based Economy - The Basis for Insuring a Sustainable Development

Author

Listed:
  • Mirela Sîrbu

    (University of Craiova, Romania)

  • Ovidia Doinea

    (University of Craiova, Romania)

  • Mădălina Giorgiana Mangra

    (University of Craiova, Romania)

Abstract

At present, at global level, is more and more visible the fact that the information and knowledge exercise a decisive impact over the functionality and performance of organizations, assuring the sustainability of the economy on long term. Switching to economy based on knowledge is an inevitable process, particularly complex and difficult, that generates for organizations many opportunities and creates, in the same time, an ideal framework for sustainable development. Building the economy based on knowledge, ensuring premises for an accelerated and sustainable growth of the economy, simultaneously with strengthening social cohesion and increasing concerns for environmental protection, is an important strategic objective of European Union. Following, the sustainable development must be addressed as a "responsibility of present to secure the future", the knowledge-based economy forms the basis to achieve this desideratum.

Suggested Citation

  • Mirela Sîrbu & Ovidia Doinea & Mădălina Giorgiana Mangra, 2009. "Knowledge Based Economy - The Basis for Insuring a Sustainable Development," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 9(4), pages 227-232.
    • Handle: RePEc:pet:annals:v:9:i:4:y:2009:p:227-232
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    Citations

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    Cited by:

    1. Abdelzaher, Dina M. & Martynov, Aleksey & Abdel Zaher, Angie M., 2020. "Vulnerability to climate change: Are innovative countries in a better position?," Research in International Business and Finance, Elsevier, vol. 51(C).
    2. Alina Hagiu, 2012. "Econometric Model Concerning The Status and Evolution of The Automotive Industry in Romania," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 12(3), pages 83-96.

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