ECONOMIC INTELLIGENCE FOR AUGMENTING THE NATIONAL ECONOMIC COMPETITIVENESS Cover Image

ECONOMIC INTELLIGENCE FOR AUGMENTING THE NATIONAL ECONOMIC COMPETITIVENESS
ECONOMIC INTELLIGENCE FOR AUGMENTING THE NATIONAL ECONOMIC COMPETITIVENESS

Author(s): Loredana Ivan
Subject(s): Politics / Political Sciences, Political Theory
Published by: Regional Department of Defense Resources Management Studies
Keywords: Economic intelligence; Economic competitiveness; Economic information; National interest;

Summary/Abstract: The global markets evolution of the last decades have emphasized the significant growth of the ongoing international competition between the economic actors, but mostly between the states. In order to face the challenges of informational asymmetry, each of the players envolved resort more and more to the specific instruments of the intelligence activity. The big companies, the multinational firms, have been the first to understand the potential of the information to increase the value of the production factors, and to allow the capitalization of the available resources, in optimal economic circumstances. Afterwards, by taking over their mechanisms and turning them into public policies, the states with advanced economies succeed to obtain and maintain competitive advantages.In the present global context, it has become necessary that the public authorities should design and implement a national economic intelligence system. If developed as a private-public partnership, that embodies and harmonizes both the interests of the private economic actors, and those of the state, to capitalize resources in an optimal manner, the economic intelligence system has the unique goal of increasing the national economic competitiveness through intelligence.The economic intelligence implies a three-way approach: to constantly monitor the areas of interest, in order to obtain relevant data about them; to promote its own vision, by launching adequate ideas/behaviours, and interpret them to the benefit of its strategy; to protect the available information/intelligence, in order to counter-attack any attempts to reach it, by the opposite side.

  • Issue Year: 10/2015
  • Issue No: 10
  • Page Range: 113-119
  • Page Count: 7
  • Language: English
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