On The Importance of Know-How Transfer

Hayek wrote in 1945 an essay on the use of knowledge in society. He has in this essay separated knowledge from know-how and insisted on the importance of the latter.

Starting from his assumptions, I am trying to argue why in the long run B2B consultancy services will become mainstream in Eastern Europe, instead of international MBAs and trans-European university programs, as is the case today.

Finding CEE’s Greatest Asset

Many western-based firms speculate what is today the growth market in Europe, namely the Central and Eastern Europe region. This has led to the development of a great interest towards the mechanisms that affect the development in this area, particularly towards predicting the course of this evolution.

I will focus next on what I believe to be the biggest competitive advantage of the CEE region: the adaptiveness of its people.