Transport And Communications 2015, 3(1):11-14 | DOI: 10.26552/tac.C.2015.1.3
Comparison of R&D within the Visegrad countries
- Department of communications, Faculty of Operation and Economics of Transport and Communications, University of Žilina, Žilina, 010 26, Slovak republic
Knowledge is learning, as short explanation meaning. Knowledge is gained by long-term experience, continual learning, as well as by finding the right solutions for the issue. The longer we take the time for solving and analysing the issue the better given solution can be obtained. Knowledge is very closely linked with creativity, as Einstein had mentioned, Creativity has no boundaries, but it is a process that requires knowledge of the problem and longer term experience according to research. The knowledge economy is very important for growing economies. Countries which are rich of raw material resources yet don't need to be countries which are part of developed countries. This might be caused by not supporting the ideas of innovations, education, or research and development. Simply we can say that growing economics is based on knowledge.
JEL classification: H52, O10
Published: March 30, 2015 Show citation
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