Economic Intelligence: Theory and applications

Abstract

One of the important aspects in current business environment is the increased competition. In this context, organisations are becoming more aware of the importance of knowledge as a key factor in obtaining competitive advantage. A possible solution in knowledge management is Economic Intelligence (EI) that involves the collection, evaluation, processing, analysis, and dissemination of economic data inside organizations. The availability of massive quantities of data correlated with advances in information and communication technology allowing for the processing of these data provide new tools for the production of economic intelligence. The research is focused on innovative aspects of economic intelligence process (models of analysis, activities, methods and informational tools) and is providing practical guidelines for initiating this process. In this paper, I try to contribute to a coherent view on the concept of economic intelligence process. Moreover, I try to present the methods of analysis related to Economic Intelligence process and to introduce an example for the Economic Intelligence.