ACHIEVING DYNAMIC STABILITY OF ORGANIZATION IN KNOWLEDGE ECONOMY Cover Image

ACHIEVING DYNAMIC STABILITY OF ORGANIZATION IN KNOWLEDGE ECONOMY
ACHIEVING DYNAMIC STABILITY OF ORGANIZATION IN KNOWLEDGE ECONOMY

Author(s): Drago Pupavac, Hrvoje Budić, Antun Marinac
Subject(s): Economy, Human Resources in Economy
Published by: Факултет за Бизнис Економија
Keywords: Knowledge economy; dynamic stability; organisation; human capital;

Summary/Abstract: The growth and development of modern organizations are based onknowledge, knowledge production and constant investment in human capital.Changeability of the competitive environment and prevalace of the economy ofknowledge over the traditional economy requires searching for a new type of stability.Survival in the market arena and the success in adjusting to changes in the globalcompetitive environment are reflected in the ability of the organization to achievedynamic stability. The main purpose of this article is to explore the role of learning inthe accumulation of human capital in order to achieve the dynamic stability of theorganization in the conditions of knowledge economics. The working hypothesis is:The long-term sustainable dynamical stability of the organization can be achievedthrough the constant accumulation of human capital. Scientific research methodsapplied in order to confirm the working hypothesis are the methods of analysis andsynthesis, method of mathematical modeling and method of mathematicalprogramming.

  • Issue Year: 9/2019
  • Issue No: 23
  • Page Range: 57-71
  • Page Count: 14
  • Language: English