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Central European Management Journal

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Year 10/2021 
Volume 29 
Issue 3

Knowledge Management and Economic Growth: The Assessment of Links and Determinants of Regulation

Olena Oliinyk
The National University of Water and Environmental Engineering (Ukraine)

Yuriy Bilan
Tomas Bata University in Zlin

Halyna Mishchuk
The National University of Water and Environmental Engineering (Ukraine)

10/2021 29 (3) Central European Management Journal

DOI 10.7206/cemj.2658-0845.52

Article contents

Abstract

Purpose: In order to make an informed choice of the most effective tools for ensuring the development of a competitive economy, it is important to take into account the links between macroeconomic indicators of progress and the most important components of knowledge management. In this regard, the aim of our study is to assess the relationship between knowledge management factors and economic growth in order to select the factors that most determine the positive changes in Gross national income per capita.

Methodology/results: As a result of the systematization of the main international indices, which use knowledge management factors and the authors’ correlation analysis of their relationships with GNI per capita, conclusions are made about the greatest effectiveness at the present stage of action, which results in skills development (such as the ability to work with new technologies and with people, flexibility and cooperation), innovative capacity, access to information and means of communication.

Findings: The perception of these factors as determinants of economic development and the appropriate direction of the levers of economic policy will result in achieving the greatest economic efficiency on the basis of the development of the knowledge economy.

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Oliinyk, Olena & Bilan, Yuriy & Mishchuk, Halyna (2021). Knowledge Management and Economic Growth: The Assessment of Links and Determinants of Regulation. (2021). Knowledge Management and Economic Growth: The Assessment of Links and Determinants of Regulation. Central European Management Journal, 29(3), 20-39. https://doi.org/10.7206/cemj.2658-0845.52 (Original work published 10/2021AD)

MLA style

Oliinyk, Olena and Bilan, Yuriy and Mishchuk, Halyna. “Knowledge Management And Economic Growth: The Assessment Of Links And Determinants Of Regulation”. 10/2021AD. Central European Management Journal, vol. 29, no. 3, 2021, pp. 20-39.

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Oliinyk, Olena and Bilan, Yuriy and Mishchuk, Halyna. “Knowledge Management And Economic Growth: The Assessment Of Links And Determinants Of Regulation”. Central European Management Journal, Central European Management Journal, 29, no. 3 (2021): 20-39. doi:10.7206/cemj.2658-0845.52.

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