Network, Innovation and Competence-based Economy PDF Download

Author: Anna Ujwary-Gil
Publisher: Institute of Economics, Polish Academy of Sciences
ISBN: 836159762X
Category : Business & Economics
Languages : en
Pages : 345

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Book Description
The inspiration for this monograph is the progress in information and IT technologies observed over several decades and the accompanying development of digital competences. The collected results of the research work are grouped into three distinct chapters, which, at the same time, have a common denominator in research perspectives. Network-based economy, innovation-based economy, and competence-based economy are primarily analyzed in relation to technological changes in the ICT area. Each of these perspectives ultimately leads towards Economy 4.0 due to the progressing digital revolution, called the fourth industrial revolution. The contemporary importance of networks, innovations and managerial competences in the economy is analyzed primarily in connection with technological progress. The issue of networks in economic life has been developing for over 30 years. The role of the network in achieving a competitive advantage is unquestioned, while research issues are still being developed. This technological perspective is the most important context for network research today. Contemporary business models are developed based on a skillfully built inter-organizational network and a consciously used intra-organizational network. This applies to both commercial organizations and public entities. These issues are reflected in articles contained in this monograph, in particular in the first chapter. Various research conducted in organizations proves the increasing awareness of the importance of social life by managers and leaders, as well as the increase in the ability to build networks using information and ICT. Research on networks, which allows an understanding of the phenomenon of network formation, leads to the creation of methods and tools supporting network management. Modern network researchers, especially in the field of management sciences, point out that understanding the nature of the network and the possibilities of interacting with the network will determine the competitive position of the organization. This awareness and the complexity of the network are a constant motivation to develop knowledge and use its application character. The concept of an innovation-based economy is included in the second chapter and is also related to technological progress in the field of communication. The studies presented relate to the degree of innovation, skillful differentiation of innovation and imitation, the effectiveness of project financing, and the implementation of innovation. An important contribution to building knowledge on innovation comes from research conducted in individual sectors or regions, where a new, important perspective is gained, and specific, sometimes unique determinants of creating innovation are pointed out. References to regional and sectoral conditions can be found in individual subchapters. The research conclusions drawn have a cognitive and practical value for both researchers and management practitioners. In the third chapter of the monograph, studies that make an important contribution to building or verifying knowledge about the competence-based economy are grouped together. The research refers to the most important management problems and barriers to the development of organizations related to employees’ competences. Reference was made to many research currents in management, e.g. to empower employees, build the image of the employer, and the concept of sustainable development. Due to their long history of development, they would seem to be running out, while researchers prove that in contemporary commercial and non-commercial organizations deficits in managerial competencies are still identified. This applies to both human management and technical competences, especially digital. Therefore, research indicating the reasons for a lack of competence, in an era of strong popularization of these issues, seems to be interesting. The purpose of this monograph was to present current research results and their importance in developing knowledge about the economy based on networks, innovations, and competences. A lot of research was conducted from the perspective of changes in technological progress and the challenges of Economy 4.0. The new possibilities brought by the digital revolution in the field of building and managing networks and developing network-based business models cannot be underestimated. It should be expected that future innovations will be developed mainly thanks to digital progress and will be determined by the digital competences of managers and leaders. Modern research also shows that new generations of employees will compete primarily in the use of modern technological solutions such as data acquisition and processing, analyzes and simulations on large data sets (big data, science data), automation and robotization of production processes, software integration, cloud solutions, and especially the increasingly comprehensive use of the Internet. The importance of scientific research for learning about future phenomena, understanding and taming the future is invaluable. The authors and editors of the book express the hope that the research results presented in it will become an inspiration for new scientific explorations and the implementation of changes in organizations and economics.