EVALUATION OF KNOWLEDGE AT THE INSTITUTE OF FOOD BIORESOURCES
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Entering the 21st century meant profound changes on an international level, but also for each country, for all areas of economic and social life; some of these will also be presented in this paper.Since ancient times, wealth and power were associated with the possession of physical resources. Traditional factors of production - land, machinery, buildings, etc. - were predominantly physical in nature.Reputed specialists in management, professors Ovidiu Nicolescu and Luminita Nicolescu, in a recent and original work 1) presents the realities of the contemporary world and the main trends that wil...
Entering the 21st century meant profound changes on an international level, but also for each country, for all areas of economic and social life; some of these will also be presented in this paper.Since ancient times, wealth and power were associated with the possession of physical resources. Traditional factors of production - land, machinery, buildings, etc. - were predominantly physical in nature.Reputed specialists in management, professors Ovidiu Nicolescu and Luminita Nicolescu, in a recent and original work 1) presents the realities of the contemporary world and the main trends that will manifest in the future in the economic field and, in particular, in terms of management; thus, they show that for the future a significantly different situation is foreseen than the one presented at the beginning of the chapter. Wealth and power in the 21st century will derive primarily from intangible intellectual resources, from knowledge capital. The knowledge revolution, which consistsof this transition to a knowledge-dominated economy, is a particularly comprehensive and profound process, generating essential changes in all components of economic activity.
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