Frontier Theories and Methods of Enterprise Management: Major Trends in Enterprise Management in the 21st Century

Author: Shan Bao / Country: Mainland China
Publisher:
Publish Date: 2006-07-01
Features: As humanity entered the 21st century, a new economic model was increasingly showing vitality, attracting global attention. This new economic model was termed "knowledge economy." What is a knowledge economy? In short, it is an economy based on knowledge. The Organization for Economic Cooperation and Development (OECD), headquartered in Paris and primarily composed of developed countries, published a research report titled "Science, Technology, and Development Outlook 1996," which summarized the essence of the knowledge economy: a knowledge economy is one built on the production, distribution, and use of knowledge and information. It also considers the knowledge economy to be a new economic model following the agrarian and industrial economies. With the rise of the knowledge economy globally, the business management environment has undergone significant changes. These changes in the business management environment, in turn, will have a profound impact on business management, driving the continuous development of management science. The theories, ideas, and methods of modern business management were born out of the backdrop of modern large-scale production. The transformation brought by the knowledge economy to businesses is revolutionary, and this revolutionary transformation is comprehensive. In the 21st century, not only developed countries but the entire world and all of humanity will eventually enter the knowledge economy era. The essence and characteristics of the knowledge economy have raised higher requirements for business management and presented new development trends.