Creating-entrepreneurial-mindset

CREATING ENTREPRENEURIAL MINDSETCHAPTER 7Human capital management in enterprises inknowledge based economy conditionsJoanna CZERNA-GRYGIEL * 101. IntroductionModern economy should be described in category of global knowledge-based economy.The knowledge-based economy is characterized as:• service economy where majority of employees work in the service sector;• the economy based on knowledge management what means generating, distributionand application of knowledge and information;• the economy in which many enterprises base their competitive advantage onknowledge (Korzeniewicz, 2008, p.270)The idea of a knowledge-based economy was created as an opposition to the industrialeconomy prevailing for the last centuries. Although the previous economic systemsavailed of the knowledge influencing the technological development, only at theturn of the 20th and 21st centuries the role of knowledge became prevailing owing tothe development of information technology. One of the signs indicating how developedthe knowledge-based economy has become is a relatively rapid increase of investmentsin research, development and education in comparison to the investments infixed assets (Kłodziński, 2006, p.9).The knowledge-based economy is related to information and communication technologiesas well as technological development and innovation..innovation.* University of Adam Mickiewicz, Poznań, Poland (czernagrygiel@gmail.com)91