Economics, Econometrics and Finance
4 years ago

Enterprises Must Adapt to Knowledge Economy for Competitive Edge

The institute of accounting control and analysis in the globalization circumstances
COMPONENTS OF ADAPTATION OF ORGANIZATIONAL SYSTEMS OF ENTERPRISE MANAGEMENT TO THE KNOWLEDGE-BASED ECONOMY
Anatoliy Ivanko

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The article discusses how businesses can adapt to the knowledge-based economy by focusing on information and knowledge. The researchers used methods like analysis and comparison to study how organizational structures can be adjusted to fit this new economy. They found that adopting concepts from the knowledge economy can help businesses stay competitive in a globalized world. Specifically, network and virtual structures are highlighted as effective models for businesses in the knowledge economy.