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Open Access The Knowledge Economy: the Socio-Humanitarian Development Factors and Regional Aspects

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The article discusses the socio-humanitarian factors in the development of small and medium-sized businesses at the current stage, in terms of the origins of the knowledge economy phenomenon. The conception of unconditional basic income was considered as a factor. Other concepts of the knowledge economy were analyzed: the paradigm of the economy of abundance, the «End of History» by F. Fukuyama – as the most perfect form of social organization, and the Toffler's wave theory; as well as the information civilization and the information society. On the basis of today’s most popular concepts of knowledge economy, a comprehensive model for the interaction of socio-humanitarian factors in the knowledge economy has been proposed. The excessive massing factor has been recognized as a major negative sociocultural factor in the regional and business development of our State. It has been concluded that the basic criterion for development of the knowledge economy, which is common to most modern theories, is a creative person working in an environment where most of its needs are satisfied.
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Document Type: Research Article

Affiliations: 1: Candidate of Sciences (Economics), Associate Professor, Department of Economics and Finance, Ternopil Ivan Pului National Technical University 2: Candidate of Sciences (Economics), Senior Lecturer, Department of International Economic Relations and International Information, Ternopil National Economic University

Publication date: 01 January 2017

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