knowledge economic thesis

The Geography of the Knowledge Economy: Innovation, Interaction and Industrial Development.

• University of Copenhagen

Research output : Thesis › Doctoral Thesis (compilation)

Subject classification (UKÄ)

• Human Geography
• Social Sciences Interdisciplinary

This output contributes to the following UN Sustainable Development Goals (SDGs)

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• Interaction Social Sciences 100%
• Geography Social Sciences 100%
• Industrial Development Social Sciences 100%
• Innovation Economics, Econometrics and Finance 100%
• Knowledge Economics, Econometrics and Finance 100%
• Theses Social Sciences 50%
• Roles Computer Science 50%
• Geographical Proximity Social Sciences 40%

T1 - The Geography of the Knowledge Economy: Innovation, Interaction and Industrial Development.

AU - Hansen, Teis

N2 - Today, acquisition, creation and utilisation of knowledge are the key factors explaining economic development. Firms must constantly employ new knowledge and combine different types of knowledge in their activities to maintain competitiveness. This thesis examines the knowledge economy from two perspectives. The first focuses on the role of geographical proximity for interactive knowledge creation. It follows from the increasing knowledge intensity of the economy that it is highly unlikely that firms can access knowledge of a sufficient depth and variety within their own boundaries. Papers I-III in the thesis analyse the impact of geographical proximity on such collaborative processes of knowledge creation and innovation. The second perspective is concerned with the development of low- and medium low-tech manufacturing industries in high-wage countries. While high-tech sectors are increasingly seen as vital to economic development, low- and medium low-tech industries maintain economic importance in high-wage countries. Papers IV-VI in the thesis examine the responses of low- and medium low-tech manufacturing industries to the challenges of the knowledge economy. The results of the first part of the thesis highlight that geographical proximity has a significant impact on interactive knowledge creation; however, the effect of geography cannot be isolated from other forms of proximity, such as established social relationships and common institutional frameworks. In fact, it is exactly by leaving behind the narrow focus on geography, and replacing it with an approach sensitive to social, institutional, cognitive and organisational relations, that the importance of geography for interactive knowledge creation becomes evident. While the role of geographical proximity varies depending on collaboration motives, it is particularly important in collaboration projects at the core of innovation processes, where the objective is to access technologies, obtain knowledge or reduce the innovation time-span. The main conclusion of the thesis’ second part is that low- and medium low-tech industries maintain significant economic importance in high-wage countries, contrary to the assumptions of much academic and policy work. However, the character and activities of these industries are profoundly changing. The papers highlight that they are not passively waiting to be outcompeted by firms from low-cost countries. Instead, they are actively pursuing strategies to maintain competitiveness and increase the value added of products and processes. These findings underline the importance of a broad conception of the knowledge economy, which goes beyond research intensive industries.

AB - Today, acquisition, creation and utilisation of knowledge are the key factors explaining economic development. Firms must constantly employ new knowledge and combine different types of knowledge in their activities to maintain competitiveness. This thesis examines the knowledge economy from two perspectives. The first focuses on the role of geographical proximity for interactive knowledge creation. It follows from the increasing knowledge intensity of the economy that it is highly unlikely that firms can access knowledge of a sufficient depth and variety within their own boundaries. Papers I-III in the thesis analyse the impact of geographical proximity on such collaborative processes of knowledge creation and innovation. The second perspective is concerned with the development of low- and medium low-tech manufacturing industries in high-wage countries. While high-tech sectors are increasingly seen as vital to economic development, low- and medium low-tech industries maintain economic importance in high-wage countries. Papers IV-VI in the thesis examine the responses of low- and medium low-tech manufacturing industries to the challenges of the knowledge economy. The results of the first part of the thesis highlight that geographical proximity has a significant impact on interactive knowledge creation; however, the effect of geography cannot be isolated from other forms of proximity, such as established social relationships and common institutional frameworks. In fact, it is exactly by leaving behind the narrow focus on geography, and replacing it with an approach sensitive to social, institutional, cognitive and organisational relations, that the importance of geography for interactive knowledge creation becomes evident. While the role of geographical proximity varies depending on collaboration motives, it is particularly important in collaboration projects at the core of innovation processes, where the objective is to access technologies, obtain knowledge or reduce the innovation time-span. The main conclusion of the thesis’ second part is that low- and medium low-tech industries maintain significant economic importance in high-wage countries, contrary to the assumptions of much academic and policy work. However, the character and activities of these industries are profoundly changing. The papers highlight that they are not passively waiting to be outcompeted by firms from low-cost countries. Instead, they are actively pursuing strategies to maintain competitiveness and increase the value added of products and processes. These findings underline the importance of a broad conception of the knowledge economy, which goes beyond research intensive industries.

M3 - Doctoral Thesis (compilation)

PB - Department of Geography and Geology, University of Copenhagen

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Essays on the Role of Knowledge on Economic Growth, Banking Performance and the Institutional Emergence of Islamic Banks

AKKAS, ERHAN (2019) Essays on the Role of Knowledge on Economic Growth, Banking Performance and the Institutional Emergence of Islamic Banks. Doctoral thesis, Durham University.

Knowledge at every stage of history has played a substantial role to determine economic progress and wealth creation of societies and is central to economic and social development. By developing a critical perspective on the role of knowledge played in economic and institutional performance alongside developing and leading organisations as an institutional base this research responds to, and develops each of these aspects via three essays. The first essay explores the relationship between a knowledge-based economy and economic performance in the GCC countries through empirical analysis within a political economy frame. After identifying the necessary pre-requisites to forming a theoretical framework for a knowledge-based economy in the GCC states, an empirical analysis is employed applying a quantitative methodology by constructing a knowledge economy performance through the Granger Causality modelling panel data tests of six GCC countries during 2006-2015, by following the World Bank’s measurement method. The results show that GCC countries still possess insufficient local human capital and technology production to contribute to their economic performance, as they remain reliant on importing human capital and technology. Therefore, the lack of creative and highly-skilled human capital remains a significant barrier to developing knowledge-based economies and attendant transformation for the post-petroleum era in the region. The second essay aims to evaluate the impact of intellectual capital of Islamic and conventional banks in terms of human capital, knowledge creation, and innovation processes on the financial performance of banks in the GCC countries by comparison with conventional banks in the realm of ‘what ought to be’ in an Islamic banking system regarding what constitutes an Islamic understanding of creating knowledge and human capital. Together with theoretical discussion, there are two empirical analyses which examine the relationship between intellectual capital and the financial performance of banks in the GCC states. An initial empirical section is based on assessing a Value Added Intellectual Coefficient (VAIC) model utilising a secondary data constituted panel of five GCC countries comprising 19 Islamic banks and 29 conventional banks covering the 2012-2016 period. A second empirical element conducts a disclosure analysis using a panel of five GCC countries examining 225 annual reports from 21 Islamic banks and 24 conventional banks covering the years - 2012-2016. The main finding of this essay is that being an Islamic bank is not significant for creating intellectual capital in banks, although knowledge creation, human capital, intellectual contribution provides prior issues intrinsic to the methodology of Islamic economics. This result, therefore, relates to the emergence process of Islamic banking institutions. A third essay studies the role of knowledge on the emergence of Islamic banks as an institution by referring to the ontological source of Islamic economics through critical discourse analysis. The essay argues that the emergence process of Islamic banking institutions fulfils the criteria of institutional innovation or grafted institutions within the logic of conventional banks through a mimicking and mirroring process rather than constituting an organic emergence within the society. An exploration is offered detailing the organic emergence models of institutions through proposing a conceptual model. Further investigation highlights the conceptual framework of Islamic banking institutions via referral to ontological sources of knowledge in Islam. Insight developed here illuminates an authentic emergence of Islamic banking institutions towards becoming hybrid institutions or grafted institutions through mimicking and mirroring processes deployed by existing institutions. Conclusions suggest that Islamic banks can be considered as an institutional innovation rather than offering an alternative trajectory as types of organic emergence. Neither do Islamic banks provide alternative institutions to those currently existing. In fact, they personify the prevailing system typifying grafted institutions created via external pressure from national and international regulatory organisations.

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PhD Thesis: Knowledge management during an economic crisis: The case of Greek firms

Knowledge management is a concept which has emerged during the previous years. The present thesis aims to explore knowledge management in relation to the economic crisis using the case of Greek firms. For that purpose a sample of 120 employees was selected from firms in various sectors, and an additional 11 managers and employees were interviewed. The results of the research indicate that employees have an overall positive perception over knowledge management but there are some issues, mostly having to do with corporate culture and the lack of use of state-of-the-art KM information systems. However, knowledge management can be a vehicle of development for firms that seek to exit from the economic crisis. Hence, firms should not allow the economic crisis to drive them into reductions of knowledge management programs and strategies, but instead should focus on utilizing knowledge management so as to improve their performance

Related Papers

Nikos Katsiadakis , Albena Antonova

Knowledge Management (ΚΜ) is a new scientific discipline, and has found a special attention among the academic and the business community during the last decades. The main reason is that knowledge became an important factor for economic development and a strategic resource of enterprises and organizations for gaining competitive advantages. The present paper presents the main results of studies carried out in enterprises and organizations in Greece and Bulgaria. The study conducted in Bulgaria was supported by TRAINMOR-KNOWMORE project within the Leonardo Da Vinci program of the European Commission while the Greek survey was supported by the project DIORGONOSI, within the framework of Operational Program Competitiveness, General Secretariat for Research & Technology, Ministry of Development. The paper outlines on first place the methodology of the study conducted with the support of several management executives, workers and employees. It is based on the findings of a literature rev...

Panagiotis Kyriazopoulos

Muhammad Saqib

Knowledge is the currency of today's economy and the crux of knowledge management, which in turn the lifeline of modern-day organizations. It has been used since 1990s as a tool to achieve sustainable competitive advantages and greater performance, and now, it is becoming an essential asset to sustain organizational competitive advantages and a vehicle for continuous progress and innovation. It is every organization's objective to be able to grow and progress whether it is an SME or a large enterprise so to ensure that there is return on investment of the shareholders and this objective can be met through sustainable superior organizational performance. There are many determinants that may influence organizational performance operating in the current economy but one that is being increasingly recognized as vital is knowledge management. This article has two objectives: The first is to provide an overview of knowledge management and highlight the importance of this field of practice, and the second is to provide few case studies of the successful implementation of knowledge management from different industries. Thus, we will further explore the notion that knowledge management positively impacts organizational performance through the analysis of a number of case studies where knowledge management is being practiced. We will start by highlighting the general interpretation of organizations, the current economy within which they are operating, the concept of knowledge management and how it may be used within organizations. This will be followed by an analysis of cases of knowledge management being practiced and the impact it has had on the overall performances, and finally present our argument that suggest knowledge management positively impacts organizational performances.

Dr. Chris Mantas

Abstract The concept of Learning Organisation (LO) has become a key theme for organisations operating in turbulent working environments. During the past years, there is a growing tendency by contemporary organisations adopting Knowledge Management (KM) approaches to produce core competencies. Just like the similarities and differences that both LO and KM may have, academics and practitioners shift their focus on the positive side of the aforementioned concepts. However, the present paper discusses a range of potential negative consequences, such as the concept of organisational conflict, that the adoption of LO and KM might bring into surface. This paper aims to serve as a critical pilot study for examining the conditions under which Greek-based enterprises implement the concepts of LO and KM in their working practices. Through the conduction of in-depth interviews with twenty executives and managers working in Greek-based enterprises, the authors scrutinize three issues. Primarily, this study explores the interviewees’ lack of knowledge and understanding regarding the concepts of LO and KM. Secondly, the authors aim to recognize to what extent the adoption of the aforementioned concepts are influenced by the Greek societal values. Finally, based on the subjects’ responses, this pilot study critically discusses the general belief that LO and KM are just an excuse for downsizing and for altering power relations within an organisation. Keywords: Knowledge Management, Learning Organisation, Conflict, Criticism

John Garrick

Abstract: This paper draws on Jean-François Lyotard’s (1984) seminal study The Postmodern Condition: A Report on Knowledge to reflect on two macro-level catastrophes: the global financial crisis (GFC) of 2009 (and its continuing effects throughout the Eurozone and elsewhere) and Fukushima. These two case studies probe aspects of these grand failures to reveal serious deficiencies in integrity at work, the changing nature of contemporary working relationships, knowledge management and fashionable new approaches to organisational learning. The paper draws upon Lyotard’s ‘performativity theory’ to examine how people in commercial enterprises may often define ‘knowledge’, how this is transferred and how, in turn, managing this knowledge affects working relationships, learning and change.

Journal of Knowledge Management

Satyendra Singh

http://mmm-gi.blogspot.com/p/no3year-2013.html

Anita Cucovic , Geo - See

Abstract:It is an undisputed fact that this is the age of knowledge and a time of constant changes which are unpredictable. The globalisation trends and ever increasing networking of economy, information, technology, management (…) give rise to intellectual and group knowledge, namely to intellectual capital as the nonmaterial part of an organisation’s capital. Formal education is not sufficient, and further training is required in line with contemporary requirements which the market imposes, in addition to it not providing development of personal skills which are necessary in everyday management, and which in synergy with professional knowledge provide for the proper results. Today, knowledge represents the most important capital of an enterprise, and it is necessary to develop an efficient and effective system of managing this resource, as it is that in particular which provides greater productivity, innovation, more qualitative performance of business activities, and provides competitive advantage. In previous periods the emphasis within organisations was on technology and technological changes, while today, in the age of knowledge technology continues to be important, but only as a product of internal engagement of intellectual capacities. Therefore, this imposes the fact that only through successful knowledge management enterprises are able to successfully manage their business.

Edlira Margilaj

The fast pace of globalization and technological progress has dramatically changed market conditions and competition strategies. In present-day society based on knowledge, or "knowledge - based society", the amount of knowledge in use has increased considerably and it has produced many challenges for its (knowledge) control and management. Knowledge Management - KM is becoming nowadays one of the most significant practices of companies in developed countries aiming at the increase of profits and competitive advantages. For a successful implementation of Knowledge Management, it is important the identification of barriers or critical factors which affect the success of the KM process. Most of these factors belong to human department. The purpose of this study is to investigate the recognition and implementation of Knowledge Management in business organizations in Albania, as well as to reveal some of the barriers and critical success factors of KM in such organizations. In ...

Bhojaraju Gunjal

Journal of Organizational Change Management

John Edwards

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The Practice of Digital Transformation

• First Online: 06 September 2024

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• Rafal Maciag 2  

The chapter describes the rapid development of digital technologies and their universality, which makes them a lever for economic development. This is also how digital transformation was interpreted. The chapter contains a detailed analysis of this process, which is a source of economic development and profits. This development has led to the emergence of great economic and social projects. Industry 4.0, Cyber-Physical Systems, 4th Revolution. Each of them concerned a slightly different sphere and was governed by a different logic. The first was the area of economy, the second was the organization of large technological processes, such as energy distribution or transport organization. The third project was the most general attempt to formulate social change, commissioned by the major global political and economic stakeholders. Digital transformation is proving to be a large-scale process, leading to the development of the most advanced artificial intelligence technology. The latter can also be understood as a specific and innovative way of managing knowledge, which complements the epistemic transformations described in the previous chapter. At the same time, its most spectacular development takes place in the area of language manipulation. In this way, the final shape of the so-called digital transformation is revealed: as a process of changing the understanding, describing and organizing the world, in which knowledge becomes the key field, the background and course of which are described in the following chapters.

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Maciag, R. (2024). The Practice of Digital Transformation. In: Knowledge as a Tale. Springer, Cham. https://doi.org/10.1007/978-3-031-69820-0_2

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