Knowledge, fundamental and applied sciences are always changing the world toward the better one and resolving the development problems. Importance of the knowledge market as an element of knowledge-based economy exceeds more and more the significance of the material flows market and increases the role of effective knowledge management. This paper suggests a growing role and importance of knowledge into creating competitive advantages and quotes some basic terminology definitions of the respective areas.
Mimo Drašković. "Knowledge As An Infinite Resource And An Object Of Management." Montenegrin Journal of Economics. vol. 6, no. 11, 2010, p. 83-90
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