The knowledge - as production factor

In the current economic context, knowledge becomes the new nucleus of progress. If in the traditional economy the production factors were land, labor and capital, in the new economy knowledge is the major component of the productive system. Through the present study we try to clarify the position of...

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Main Author: Mihaela Enachi
Format: Article
Language:English
Published: University of Bacău 2009-12-01
Series:Studies and Scientific Researches: Economics Edition
Subjects:
Online Access:http://sceco.ub.ro/index.php/SCECO/article/view/40
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spelling doaj-431a7f10ed7541779dc291e8554d39f22020-11-24T22:40:09ZengUniversity of BacăuStudies and Scientific Researches: Economics Edition2066-561X2344-13212009-12-0101410.29358/sceco.v0i14.4040The knowledge - as production factorMihaela EnachiIn the current economic context, knowledge becomes the new nucleus of progress. If in the traditional economy the production factors were land, labor and capital, in the new economy knowledge is the major component of the productive system. Through the present study we try to clarify the position of knowledge in the production system and its role as a production factor, by explaining how it effective acts and contributes to the increase of welfare at the organizational and national levels.http://sceco.ub.ro/index.php/SCECO/article/view/40knowledgeresidual production factorindividual production factoreconomic growth
collection DOAJ
language English
format Article
sources DOAJ
author Mihaela Enachi
spellingShingle Mihaela Enachi
The knowledge - as production factor
Studies and Scientific Researches: Economics Edition
knowledge
residual production factor
individual production factor
economic growth
author_facet Mihaela Enachi
author_sort Mihaela Enachi
title The knowledge - as production factor
title_short The knowledge - as production factor
title_full The knowledge - as production factor
title_fullStr The knowledge - as production factor
title_full_unstemmed The knowledge - as production factor
title_sort knowledge - as production factor
publisher University of Bacău
series Studies and Scientific Researches: Economics Edition
issn 2066-561X
2344-1321
publishDate 2009-12-01
description In the current economic context, knowledge becomes the new nucleus of progress. If in the traditional economy the production factors were land, labor and capital, in the new economy knowledge is the major component of the productive system. Through the present study we try to clarify the position of knowledge in the production system and its role as a production factor, by explaining how it effective acts and contributes to the increase of welfare at the organizational and national levels.
topic knowledge
residual production factor
individual production factor
economic growth
url http://sceco.ub.ro/index.php/SCECO/article/view/40
work_keys_str_mv AT mihaelaenachi theknowledgeasproductionfactor
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