Some Problems in Statistically Assessing the Level of Knowledge Economy

Rim, Gwang-Nam; Kim, Gang-Sok; Hwang, Sun-Hui; Ko, Un-Dok

doi:10.1007/s13132-017-0510-0

Cited by 15 publications

(11 citation statements)

References 5 publications

(5 reference statements)

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“…This paper has given the methodology of analyzing the comprehensive EE of BA in a view of scientific and technological development and set the corresponding indicators as relative values. In this case, we referred to the previous study (Rim et al 2019) for the use of concrete scale methods and their conversion method.…”

Section: Discussionmentioning

confidence: 99%

“…Generally, it is never easy in economic practice to calculate the correct weight coefficient that reflects the importance of various economic purposes. Given in this paper is the method of calculating weight coefficients reflecting the degree of importance of EE indicators by using a one-to-one comparative standard which helps to express those coefficients relatively clearly and quantitatively (Rim et al 2019).…”

Section: Setting the Integrated Indicatormentioning

confidence: 99%

“…The first indicator of the two is much more important than the second. Mean value of two evaluations Source: From Rim et al (2019) The next thing is to make out D, the one-to-one comparative standard matrix for the indicators of EE of n pieces, using the given pair-evaluation standard.…”

Section: Setting the Integrated Indicatormentioning

confidence: 99%

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Methods for Comprehensive Analysis of the Economic Effectiveness of Business Activities

Kim¹,

Kim

Rim

et al. 2021

business-perspective-review

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Purpose: This paper suggests the methodology for comprehensively and dynamically evaluating the economic effectiveness of business activities in a view of scientific and technological development. Methods: Authors analyze the previous studies related to evaluating the economic effectiveness of business activities and suggest the methodology using the weight coefficients and pair-evaluation standards. Results: The findings reveal that comprehensive economic effectiveness of business activities reflects the effective use of various resources including labor, material, fixed asset, liquid materials, and R&D expenditure into the business activities in a certain period of time and it must be assessed by using the integrated indicator. Implications: The findings may contribute to the theories related to the economic effectiveness of business activities. It is also likely to improve organizational decision-making.

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Section: Discussionmentioning

confidence: 99%

Section: Setting the Integrated Indicatormentioning

confidence: 99%

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Methods for Comprehensive Analysis of the Economic Effectiveness of Business Activities

Kim¹,

Kim

Rim

et al. 2021

business-perspective-review

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“…The results of this assessment are presented through two basic indices, namely the Knowledge Index (KI) and the KE Index (KEI). Rim et al ( 2019 ) establish the indicators characterizing the level of knowledge economy as (1) Research and Development (R&D) expenditure, (2) growth rate of invention and rationalization plans, (3) the degree of contribution by science and technology to economic growth and growth rate of application of inventions and patent, and 4) the proportion of knowledge-intensive industry in economic structure, and suggest the methodology for assessing the level of knowledge economy based on those indicators. Indicators used in assessing the level of knowledge economy may be applicable for assessing the SES, because the actual situation of economy considerably depends on technological level of economic foundation.…”

Section: Analysis Of Previous Studiesmentioning

confidence: 99%

State Economic Strength and Some Methodological Issues on Its Assessment

Rim¹,

Jang²,

An³

et al. 2020

Soc Indic Res

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At present, many international organizations and scholars, who are aimed to compare and assess country-specific economy or competitiveness, have set different standards and indicators and tried to assess the economic strength of individual country. But most of these standards and indicators are for the assessment of individual aspects and what is worse, they are not suitable for the real situation of the countries concerned. This paper deals with methodological issues on the assessment of state economic strength. To this end, authors investigate the preceding studies on the assessment of economy of a given country, conceptualize the state economic strength, set a new system of indicators for assessing it and on this basis, produce a methodology for the synthetic assessment of state economic strength. The findings are that state economic strength must be defined in a view of economic capability which any country can exhibit by itself even under uncertain external environment, the indicators for assessing it include a variety of indicators in line with its essence, and assessment methodology must be synthetic one based on considering the weights of indicators. These findings may help, on the one hand, in assessing the economy of a given country and taking an economic and technical measures for its strengthening for policymakers, and on the other hand, in comparing and assessing the country-specific economy for organizations or scholars in a new perspective.

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“…to discussions about intellectual property rights as another form of capital" (Cooke & Leydesdorff, 2006). Skills and knowhow are applied in the knowledge-based or knowledge economy (Asheim et al, 2011;Nemec, 2015;Rim et al, 2019). Many scholars (for example, Kafouros & Forsans, 2012;Berchicci, 2013;Odei et al, 2020) point out that high technologies, new knowledge acquisition, and transfer allow the firms to increase their innovation capacity and, thus, they can achieve their business goals and develop the local economy, the region, or the whole country.…”

Section: Introductionmentioning

confidence: 99%

Fostering Czech firms? innovation performance through efficient cooperation

Prokop

Stříteská

Stejskal

2021

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Research background: The business climate development and the stage of innovation systems? transformation are very similar in many Central and Eastern European countries, making it necessary to study these specific economies. These economies are at a different level of transformation, and their governments are trying to support the development of a knowledge-based economy, the creation of innovation systems, and collaboration among different types of entities. These governments need feedback in the form of research into the impacts of public funding on innovation activities through the influence of basic research and cooperation-based resources in individual countries. Purpose of the article: This paper focuses on the examination of (i) the influence of national and European subsidies on innovation performance in manufacturing firms in the Czech Republic and (ii) impacts of knowledge- and cooperation-based resources on innovation activities in Czech manufacturing. Methods: The latest available data from the Community Innovation Survey was used for analyses realized by different regression models. The proposed research models were gradually created to verify the influence of pro-innovation factors (expenditures on in-house and external R&D and on the acquisition of external tangible and intangible sources, cooperation with different partners and innovation) and public (national and/or European) funding of firms? innovation performance within the Czech manufacturing industry. Findings and value added: The results have showed that there is a need to focus on direct and indirect effects of selected innovation determinants; we have also identified the crucial role of cooperation (specifically with government, public, or private research institutes) as a mediating variable within innovation processes. The results have also evidenced that public funding affects the efficiency of knowledge- and cooperation-based resources and amplifies the impact on firms? innovation performance differently. Whereas subsidies from national budgets do not significantly influence the innovation performance of Czech manufacturing firms, European subsidies, on the other hand, significantly increase firms? innovation performance. A long-term contribution of this paper is the significant completion of the theory of policy implications that may be applicable in a broad international context beyond the borders of the Czech Republic. This study significantly contributes to the ongoing discussion about (i) the significance of public financial subsidies from both national and European funds and (ii) the effects of cooperation and R&D on firms? innovation performance within ?catching-up? in Central and Eastern Europe.

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Some Problems in Statistically Assessing the Level of Knowledge Economy

Cited by 15 publications

References 5 publications

Methods for Comprehensive Analysis of the Economic Effectiveness of Business Activities

Methods for Comprehensive Analysis of the Economic Effectiveness of Business Activities

State Economic Strength and Some Methodological Issues on Its Assessment

Fostering Czech firms? innovation performance through efficient cooperation

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