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Comparative Advantage in the Knowledge Economy - A National and Organizational Resource (Hardcover)
Loot Price: R2,471
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Comparative Advantage in the Knowledge Economy - A National and Organizational Resource (Hardcover)
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Globalization and information and communications technology (ICT)
have played a pivotal role in revolutionizing value creation
through the development of human capital formation. The constantly
changing needs and structure of the labour market are primarily
responsible for the conversion of a traditional economy relying
fundamentally on the application of physical abilities to a
knowledge-based economy relying on ideas, technologies and
innovations. In this economy, knowledge has to be created,
acquired, developed, transmitted, preserved and utilized for the
improvement of individual and social welfare. Comparative Advantage
in the Knowledge Economy: A National and Organizational Resource
provides a comprehensive and insightful understanding of all the
dimensions of a transition from a traditional to a knowledge
economy. It attempts to explain how educational achievement,
skilled manpower, investment in knowledge capital and analytics
will be the key to success of a nation's comparative advantage in
the globalized era. The volume should be of interest to students,
researchers and teachers of economics, policy makers and advanced
graduate students with an interest in economic analyses and
development policy.
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