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The Assessment Models of Knowledge-Based Economy Penetration

Author(s): Kęstutis Kriščiūnas | Rasa Daugėlienė

Journal: Engineering Economics
ISSN 1392-2785

Volume: 5;
Start page: 36;
Date: 2006;
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Keywords: knowledge | knowledge expression | knowledge-based economy | characteristics of knowledge expression in economy | instrument for knowledge expression assessment.

The importance of knowledge-based economy (KBE)in the XXI century is evident. In the article the reflectionof knowledge on economy is analysed. The main point istargeted to the analysis of characteristics of knowledgeexpression in economy and to the construction of structureof KBE expression. This allows understanding themechanism of functioning of knowledge economy.The authors highlight the possibility to assess thepenetration level of KBE which could manifest itselftrough the existence of products of knowledge expressionwhich could be created in acquisition, creation, usageand development of them. The latter phenomenon is interpretedas knowledge expression characteristics: economicand social context, human resources, ICT, innovativebusiness and innovation policy. The reason for thisanalysis was based on the idea that in spite of the knowledgeeconomy existence in all developed World countriesa definitive, universal list of indicators for mapping andmeasuring the KBE does not yet exist.Two theoretically separated groups of KnowledgeExpression Assessment Models are presented in the article.Considering shortages of analysed models and seekingto create flexible model for knowledge expressionassessment, instrument for the assessment of knowledgeexpression in economy is suggested in the article. Thestructure of evolvent of knowledge expression assessmentcriteria as well as the possible fields and subjects for theapplication of suggested instrument is declared in thearticle as well.
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