Journal of Economics and Management (Apr 2015)
Information Society and Knowledge Economy - Essence and Key Relationships
Abstract
This paper focuses on essence and relationships between information society (IS) and knowledge economy (KE) concepts. The aim of this article is twofold. The first objective is to denominate the conceptual framework and relationships between IS and KE conceptions. The second is to present dependencies between the indexes of IS and KE development level in selected countries. Firstly, based on the notional relations between information and knowledge, there are characterized the relationships between concepts of information society, knowledge economy and knowledge society (KS). Secondly, using popular composite indexes evaluating the degree of IS and KE development i.e. Networked Readiness Index (NRI), ICT Development Index (IDI), Knowledge Economy Index (KEI) and Summary Innovation Index (SII), there were studied corelations between information society and knowledge economy in 34 selected countries in 2012. The paper concludes by stating limits and implications for further research. This work contributes to systematization and integration of knowledge about the mutually permeable conceptions of information society and knowledge economy