Energy demands and the world’s population growth as challenges for the knowledge economy

Milenkovski, Bozidar and Markovska, Monika and Blazekovic, Marina (2018) Energy demands and the world’s population growth as challenges for the knowledge economy. Journal of Agriculture and Animal Production Science for Rural Development, 8 (2). pp. 81-87. ISSN 2224-7718

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The aim of this paper is to analyze the near future challenges regarding energy demands and the world population growth that knowledge economy faces as а new economic paradigm. Knowledge based economy uses far less quantity of labor, capital, energy and raw materials, compared to the conventional economy and accomplishes better results in economic sense. Products into which knowledge is built in are more sophisticated, more functional, more durable, more useful, “intelligent”, they are environmentally friendly and above all, they use far less energy than products produced in the conventional economy. Hence, this economic paradigm will be able to deal much better with global challenges such as: world population growth and within this regard: the growth of the urban population, increased food requirements, increased demands for clean water sources, management of soil fertility and the satisfaction of the energy demands in the following period.

Item Type: Article
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Information and Communication Technologies
Depositing User: Prof. d-r. Andrijana Bocevska
Date Deposited: 19 Apr 2022 11:31
Last Modified: 19 Apr 2022 11:31

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