MICROECONOMICS OF KNOWLEDGE AND COMPETITIVENESS OF ENTERPRISES

Abstract

Until recently researchers of modern economics did not pay enough attention to knowledge economy disregarding the significance of knowledge as an economic category. In what way does knowledge economy differ from classical standard economy- Its revolutionary character lies in the fact that not only technologies but also the whole mechanism of knowledge production began to be included into economy, i.e., knowledge economy implies not only production economy, but also universities, fundamental science, communication system, patent system, applied science, research and development, i.e., the whole integrated complex.