Regional Economics: Theory and Practice
 

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Knowledge-driven economy for the organization's quality management sustainability: A performance-based assessment

Vol. 17, Iss. 12, DECEMBER 2019

Received: 12 September 2019

Received in revised form: 17 October 2019

Accepted: 6 November 2019

Available online: 13 December 2019

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: A12, B41, D83, J24

Pages: 2378–2386

https://doi.org/10.24891/re.17.12.2378

Zlobina N.V. Tambov State Technical University (TSTU), Tambov, Russian Federation
zlobinanv@bk.ru

https://orcid.org/0000-0002-6789-4737

Artamonova O.S. Tambov State Technical University (TSTU), Tambov, Russian Federation
artamonova-olga@inbox.ru

ORCID id: not available

Karganova A.Yu. Tambov State Technical University (TSTU), Tambov, Russian Federation
idpo@admin.tstu.ru

ORCID id: not available

Subject This article examines the quality management issues affecting the organization's business processes, as well as the knowledge management mechanism.
Objectives The article aims to develop a methodology for assessing the effectiveness of applying the knowledge economy principles at the level of an organization.
Methods For the study, we used the methods of comparative analysis, synthesis, and modeling.
Results The article presents a developed methodology for evaluating the effectiveness of the knowledge-based economy principles application in the organization, as well as a method of knowledge importance prioritizing in terms of a limited budget.
Conclusions Knowledge management is an element of the organization's quality management. The proposed knowledge management mechanism and methodology for assessing its effectiveness provide a good opportunity to strengthen organizations' intellectual capital and sustainable development.

Keywords: sustainable development, quality, management, knowledge

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