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The Evolution of the Industrial/Trade Environment in the Knowledge-Based Economy

This forum explores the challenges and opportunities presented by the knowledge-based economy, including increased market opportunities, advancements in technical knowledge, and the management of company know-how. It also emphasizes the importance of enhancing company perception systems and the role of innovation in maintaining technical know-how.

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The Evolution of the Industrial/Trade Environment in the Knowledge-Based Economy

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  1. BUDAPEST SCIENCE FORUM8-10 November 2003KNOWLEDGE-BASED ECONOMYTHE EVOLUTION OF THE INDUSTRIAL/TRADE ENVIRONMENT • INCREASED MARKET OPPORTUNITIES/THREATS:LESS BARRIERS TO FREE TRADE,OPENING OF NEW MARKETS, BIRTH OF NEW PRODUCT LINES, BETTER INTERNATIONAL PROTECTION OF I P R, NEW AGGRESSIVE COMPETITORS. • ADVANCEMENTS IN THE TECHNICAL KNOWLEDGE BASE:A MORE EFFECTIVE PRODUCTION AND UTILIZATION OF SCIENTIFIC AND TECHNOLOGICAL KNOWLEDGE, WITH HIGH RATE OF DEVELOPMENT THAT REQUIRES ADVANCED PERCEPTION SYSTEMS AND SHORT RESPONSE TIME • AVAILABILITY OF NEW POWERFUL TOOLS:COMPUTER AIDED ENGINEERING, SIMULATION CODES, KNOWLEDGE DATA BANKS, INTELLIGENT MANUFACTURING SYSTEMS, ELECTRONIC COMMERCE, MOBILE PHONES, WEB-BASED COMMUNICATION SYSTEMS, ADVANCED MANAGEMENT MECHANISMS SERGIO BARABASCHI

  2. BUDAPEST SCIENCE FORUM8-10 November 2003KNOWLEDGE-BASED ECONOMYTHE MANAGEMENT OF COMPANY KNOW-HOW • CHALLENGES • NEW AGGRESSIVE COMPETITION • NEW CULTURES OF CUSTUMERSSHARE-HOLDERS, SUPPLIERS • FAST TECHNOLOGY EVOLUTION • INCREASED PRODUCT QUALITY AND COMPLEXITY • HIGH COSTS OFPRODUCT DEVELOPMENT • SHORTER COMMERCIAL LIFE WITH LESS TIME TO RECOUP COSTS • OPPORTUNITIES • GREATER SELECTIONOF SUPPLIERS • WIDER POTENTIAL MARKETS AND ACCESS TO NEW CAPITAL • EASIER KNOWLEDGE ACQUISITION • AVAILABILITY OF NEW SOURCES OF PERSONNEL • BETTER OPTIMIZATION OF TRADE AND PRODUCTION FACILITIES • MORE EFFECTIVE PERCEPTION OF TECHNOLOGIES AND MARKETS SERGIO BARABASCHI

  3. BUDAPEST SCIENCE FORUM8-10 Novembre 2003KNOWLEDGE-BASED ECONOMYTHE MANAGEMENT OF COMPANY KNOW-HOW THE IMPORTANCE OF ENHANCING COMPANY PERCEPTION SYSTEM • INNOVATION AND MAINTENANCE OF TECHNICAL KNOW-HOW • MARKETING INFORMATION AND INTELLIGENCE • NEW COMPETITORS • PRODUCTION AND LOGISTIC CONTROL • SUPPLIERS SELECTION • IDENTIFICATION OF KNOWLEDGE SOURCES SERGIO BARABASCHI

  4. BUDAPEST SCIENCE FORUM8-10 Novembre 2003KNOWLEDGE-BASED ECONOMYTHE MANAGEMENT OF COMPANY KNOW-HOW MULTI-CHANNEL KNOWLEDGE ACQUISITION SYSTEM IDEA FORMATION KNOWLEDGE ACQUISITION KNOWLEDGE UTILIZATION IDEA EXPLOITATION SERGIO BARABASCHI

  5. BUDAPEST SCIENCE FORUM8-10 Novembre 2003KNOWLEDGE-BASED ECONOMYTHE MANAGEMENT OF COMPANY KNOW-HOW FROM KNOWLEDGE PROVIDER TO SOLUTION PROVIDER • Integration from three sides • From R&D plan to Innovation plan • Shape and translate R&D Deliverables • Redeploy creativity • Pro-active role on each interface • Multi-Channel Knowledge Acquisition SERGIO BARABASCHI

  6. BUDAPEST SCIENCE FORUM8-10 November 2003KNOWLEDGE-BASED ECONOMY • Production and Trade Environment • Management of Industrial and Service Companies • Trends in Technology Management • Evolution of Science and Engineering Education • New Important role for Science/Engineering Academies SERGIO BARABASCHI

  7. BUDAPEST SCIENCE FORUM8-10 November 2003KNOWLEDGE-BASED ECONOMYCONCLUSION • THE NEW PRODUCTION AND TRADE ENVIRONMENT MERIT A CONTINUOS AND DETAILED ANALYSIS TO EVALUATE BOTH THREATS AND OPPORTUNITIES • MANAGEMENT HAS TO IMPROVE OUTSIDE PERCEPTION CHANNELS AND OPTIMIZE OUTSOURCING, FOR THE BEST USE OF AVAILABLE RESOURCES. • TECHNOLOGY MANAGERS HAVE TO REDEPLOY IN-HOUSE CREATIVITY FOR UNDERSTANDING MARKET AND PRODUCTION NEEDS AND INTEGRATING RESEARCH RESULTS WITH USERS FRIENDLY INSTRUCTIONS. • EDUCATION INSTITUTIONS HAVE TO INCLUDE COURSES ON MANAGEMENT, ON THE APPLICATION OF MODERN DESIGN TOOLS AND ON UPGRADING OF THE HUMAN CAPITAL. • ACADEMIES HAVE TO DEDICATE ADDITIONAL EFFORT IN MANAGING THE INTERFACE BETWEEN SCIENTIFIC DISCOVERIES AND THE PUBLIC SERGIO BARABASCHI

  8. BUDAPEST SCIENCE FORUM8-10 November 2003KNOWLEDGE-BASED ECONOMYCONCLUSIONS • BUSINESS ENVIRONMENT KEEPS CHANGING. • ECONOMIC OPERATORS HAVE TO IMPROVE THEIR OUTSIDE PERCEPTION AND THEIR SELF ADAPTING CAPACITY. • QUALITY OF COMPANY’S KNOWLEDGE IS THE KEY TO SUCCESS. • PRODUCT DEVELOPMENT COSTS ARE INCREASING AND PRODUCT COMMERCIAL LIFE IS SHORTENING, INCREASING INVESTMENT’S RISK. • TECHNOLOGY MANAGEMENT HAS TO BECOME MORE EFFECTIVE BY A BETTER USE OF AVAILABLE KNOWLEDGE AND BY HELPING KNOWLEDGE USERS. • EDUCATION HAS TO LINK BETTER WITH SOCIETY’S EVOLUTION AND ORGANIZE NEW INSTRUMENTS FOR BRINGING UP TO DAY THE HUMAN CAPITAL. • CULTURAL INSTITUTIONS HAVE TO INFORM THE PUBLIC AND ENGAGE IN DEBATES TO ASSURE PUBLIC UNDERSTANDING OF NEW TECHNOLOGIES. SERGIO BARABASCHI

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