Management Dynamics in the Knowledge Economy (E-Journal)
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Towards Sustainable Health Care Organizations
Health care organizations have to develop a sustainable path for creating public value by seeking legitimacy for building and maintaining public trust with patients as social and economic institutions creating value and sustaining both health and wealth for people and communities within society. Health care organizations having at disposal decreasing resources and meeting increasing demands of citizens are following an unsustainable path. Designing sustainable health care systems and organizations is emerging as a strategic goal for developing the wealth of people and communities over time. Building sustainable organizations relies on valuing human resources, designing efficient and effective processes, using technology for better managing the relationships within and outside organizations. Sustainable health care organizations tend to rediscover the importance of human resource management and policies for effectively improving communication with patients and building trust-based relationships. While processes of accreditation contribute to legitimizing effectiveness and quality of health care services and efficient processes, introducing and using new information and communication technologies (ICTs) and informatics helps communication leading to restore trust-based relationships between health care institutions and patients for value creation within society
Digital Storytelling and Employer Branding. An Exploratory Connection
Our paper aims at explaining what is digital storytelling and its particular methodology, and how its use in the organizational settings could influence the employer branding. For such purpose, the authors have conducted an exploratory research, where a group of participants has been asked to rate their interest in a company, after viewing solely the online commercial communication (website and Facebook account), while another group has viewed two digital stories produced by two employees of the company. The results of the analysis showed that participants had more positive words to describe the company after viewing the stories, but there were not differences in perception for those who were searching for a job and those who were not searching for the job when exposed solely to the web communication or digital stories
Innovation Perspectives in Local Administration at the Beginning of the “Age of Cities”
This paper represents an insight of the public administration process to adapt to innovation. The particularities consist in the fact that, at least in Romania and other CEE countries, this process is rooted not only in the objective reality, but also this process has to include the adaptation of the (centralized) “state” to the market conditions. Somehow, it may be a contradiction between state/central/local administration and the market. Traditionally (or conservatively), the public administration is known as an exponent of the state, a state that must address equally, equitably and objectively the whole community and to ensure the right conditions for its correct functioning. The latter concept – market – is the opposite of the state, it implies competition, preferences, some kind of democratic (as opposite to central) participation at the city life. The nowadays realities put public and private face to face, forcing them to find a way to co-exist and co-create for the benefit of the whole community. The two sectors have all the conditions to collaborate, considering the scale of the flows, including the flows of innovation and knowledge that characterize our society today. The research is focused on the ”status” of innovation in Romania, in general, and in public administration, in particular. In spite of its evolution from the centralized state to the EU democratic state, the innovation in public administration is perceived more as a restructuration or reorganization process required by the European Union. The underestimate of the innovation in the public administration is explained by the generally reduced interest paid to innovation both in the private as well as public sector, as revealed by the secondary data analyze we conducted within the documentation for this paper. The in-depth interviews are trying to explain how the local administration practically works, considering the innovation process. The results should be understood and further discussed from the larger perspective of new development trends, models and performance of cities all worldwide
Measuring the Knowledge Economy: A National and Organizational Perspective
This article aims to analyze how the knowledge economy is measured and how different are the tools developed for this purpose. Since the research focuses on the “how” issues, a qualitative approach is employed. The analysis concentrates on three of the most frequently used tools for measuring a country’s progress towards consolidating itself as a knowledge economy, namely: Knowledge Assessment Methodology, developed by World Bank, Lisbon Scorecard, elaborated by World Economic Forum, and Innovation Union Scoreboard, created by the European Union. Nevertheless, Kensho New Economies Composite Index – the newest instrument developed by Kensho Technologies – is brought forward. The results prove that the three most frequently used tools for measuring countries’ progress towards consolidating themselves as knowledge economies have the same information capability while the newest tool emphasizes what is usually labelled as “intellectual capital”, although it uses the phrase “Knowledge Economy”. On the one hand, these results shed light on policy-makers’ psychological need of measuring the intangible assets, and transforming the intangible into tangible. On the other hand, they highlight the need for redefining the concept of “knowledge economy” and establishing its pillars
Universities in the Knowledge Economy
Throughout this paper, we present the observations and conclusions of our research that is both conceptual and pragmatic. As the title suggests, our research focuses on the new roles of universities in the knowledge economy. Since their beginning, universities have been scientific, cultural and moral landmarks for society and even today they have the mission of stimulating a social and economic progress in society. We start the presentation of the research by emphasizing the correlations between the new understanding of the knowledge concept and the functioning of the university. We consider that knowledge represents a strategic resource for universities and also the main resource used in all its organizational processes and has great impact on the final products and services that the university delivers for its stakeholders and finally for the whole society. In the second section of the paper we discuss the strategic roles that the universities play in society. Though we consider that the primordial role of the university is to educate students and to contribute to the scientific knowledge of the world, today universities integrate more and diverse responsibilities which represent new dynamics capabilities. Within the third section of the paper we approach the problem of the intellectual capital which we consider also as a strategic component of universities and with great potential for their prosperity. The discussion regarding the impact of the intellectual capital is particularly important due to the presentation of the novel entropic model of intellectual capital. In the final part of the paper we analyze and argue the most recently announced challenges and high perspectives for the universities world-wide and we present our concluding remarks.
Fostering Sustainable Development and Entrepreneurship: The New Role of University
Sustainable development is a global objective to overcome the economic, environment and society crises worldwide. The research aims are twofold: (i) Explores the proactive and dynamic model of the university’s education system, focusing on the new role played by the School of Economics in the promotion of economic, social and environmental sustainability, and how this goes beyond, in stimulating bottom–up social entrepreneurship ideas through students engagement; (ii) Provides a descriptive analysis of innovative laboratories modules, by studying and mapping the best project proposals initiated by the student. Finally, it presents a case study analysis on waste management (UniRecycling) project, scaling up objectives, stakeholder mapping, activities and the expected results. The findings show the new role played by School of Economics, along with other partner institutions, in supporting the student’s engagement in practice-oriented workshops that enable the transfer of knowledge, skills, and self – development. The implications of the research to be developed show that a dynamic bottom-up model of learning and dissemination of sustainable and entrepreneurial should aim to sensitise students to be active and create project ideas for social and environmental entrepreneurship and build and strengthen the local territorial networks, to contribute to the creation of a system of services attentive to responsible and sustainable entrepreneurial development
Multiple Helices as Agents of Change? The Case of the Neighborhoods of the Future Project and the Development of Direction for Policy and Practice on Health, Happiness and Wellbeing for the next Generation of Older Adults
This article describes a case study on a project to create cooperation between international (EU) and national governments, small and large enterprises, universities and non-governmental charitable and social organizations. It explains the nature of the project and investigates the implications of the project for the discourse concerning the Triple Helix. The project, still in progress at the time of writing, required the stimulation of large scale and pervasive innovative responses to the challenge of aging populations in European countries, particularly as regards the creation of appropriate homes and neighborhoods that will enable the new generation of older adults to live well, happily and healthily. People in this new generation is conventionally referred to as baby boomers, the largest, longest lived, healthiest, wealthiest, longest working older generation that Europe has ever seen. The paper describes the first stage of the project - the creation of an inclusive dialogue between the different parties. Then it presents a discussion of the learnings from the case study for organizers of other similar dialogues, based upon an in-depth interview with the initiator of the project, who is also one of this article’s co-authors. It also proposes a new configuration of Triple Helix model. We conclude this paper by presenting a question that Triple Helix participants as agents of change will have to answer in the future
Regional Entrepreneurship and Innovation Management: Actors, Helices and Consensus Space
European Smart Specialization (S3) policies aim to mobilize innovation and entrepreneurial capabilities and to deliver job creation and economic growth through inter-regional cooperation. The foundation principles for this policy initiative are an entrepreneurial discovery process that aims to mobilize all stakeholders throughout all stages from conception to strategy implementation; government-led policy initiatives for selecting strategic investment priorities; and building triple helix consensus space for regional policy and strategy implementation. However, the key existing gap resides in a proper investigation of such a consensus space that would fulfill the S3 mission. In this context, this paper outlines the key developments in regional innovation and entrepreneurship that have emerged through the process of S3 development and implementation. The discussion starts with an overview of the challenges and barriers and policy response for building place-based consensus space. We look at critical questions that are addressed by national and regional authorities and the localized mobilization of entrepreneurial and innovation capabilities. Our analysis of the regional innovation and entrepreneurial systems focuses on individual actors within the triple helix model of university-industry and government and their interaction for building a consensus space. We conclude the paper with recommendations for enhanced facilitation and orchestration of inter-regional value chains
Towards Sustainable Cities
Cities of the future should be sustainable, knowledge and innovation oriented, technology-enabled in order to support development and value creation for citizens, businesses, communities, and society. Cities as sustainable organizations should proceed by adopting a smart cities approach as a vision and strategic perspective driving the future urban development. The European framework for designing and implementing smart cities can provide a satisfying path leading cities to plan the urban growth by actively playing an intermediate role in governing and sustaining the ‘helices’ emerging in the urban area as engines driving processes of innovation and new knowledge creation for sustaining the production of public value. Cities are proceeding towards sustainability valuing and sustaining the ‘helices’ as source and organizational framework for driving value creation and building a smart approach
Connections between the Laws of Universe and the Laws of Business
The authors draw a parallel between the laws of the universe and the laws of business. There are 30 laws of the universe and they chose 30 laws of the business. If one gets to understand and to practice these laws, one can reach self-knowledge and, ultimately, perfection. The most important laws of the universe are the law of love, the law of forgiveness, the law of mercy, the law of blessing, the law of rhythm, the law of correspondence, the law of attraction, the law of learning. The most important laws of the business are: if you can dream it, you can do it; the secret of business is to know something that nobody else knows; social networks are a kind of capital; there is only one boss: the customer; none of us is smart as all of us; turn every disaster into an opportunity; you can’t grow long-term if you can’t eat short-term; the more a person can do, the more you can motivate them. Each law is important in itself, as it represents a step towards self-knowledge and of the others. Both the laws of the universe and the laws of business are for the common people, not only for entrepreneurs. But together we can climb the steps towards knowledge and truth.