The second ‘International Research
Conference on Knowledge for Growth and Development’, organized
by the Faculty of Management & Finance, University of Colombo
was held recently at the Sri Lanka Foundation Institute.
Researchers from universities in
China, Singapore, Bangladesh, India, Pakistan, Malaysia and Sri
Lanka presented papers at this conference. All full papers will
be reviewed and published in the Colombo Business Journal by the
Faculty of Management & Finance, University of Colombo soon.
"Currently 50% of economic output is
value-added. The service sector contributes largely to economic
output. Therefore, innovative knowledge management is very
important for development in the world," said Dr. P S.
M.Gunaratne, Dean of the Faculty of Management and Finance at
the inaugural session of the conference.
Every four to five years, available
knowledge doubles in the world. India is substantially managing
knowledge well. The other countries in the region are lagging
behind. Some economies are referred to as knowledge-based
economies. An economy where knowledge is innovated, disseminated
and used for producing products and services is a
knowledge-based economy.
