COMPETITIVENESS VS. KNOWLEDGE ECONOMY

Thesis deals with knowledge economy and its influence on competitiveness. Nowadays the knowledge economy might be perceived as a traditional economy influenced by informative and communication technologies. Therefore, main principal are becoming information and knowledge. Who possess this principal can us it in own benefit and obtain a temporary competitive advantage. Negative sides of knowledge economy is differentiation - mostly in area of income inequality. Competitiveness itself may be viewed from many factors - most frequently as a gross domestic product, unemployment rate, standard of living. In accordance with analysis of competitiveness in the Czech Republic published by Ministry of Trade and Industry is the development of czech economy being slowed down by ineffective government bureaus, slow law courts and insufficient infrastructure. In contrast, as a strong side we can mention high-quality science and research - without links to private sector, which is crucial for inovation development - and, furthermore, stable economical environment or ability to attract foreign investments.