Scientific Research and Universities as Knowledge Based Organizations

Innovation is representing a key word in this dynamic world and the organizations strives for attracting and using the best resources for providing highest value to their stakeholders. Knowledge based organizations are very sensitive and sensitive to society and economy developments. Sensitivity increases due to the increased awareness of complex relationships between the organization and the environment. The universities are among the elites of these types of and the research carried out by them support them to fulfill their critical role for local and regional development. The role of the organization itself and the impact that individual and group performance have on the overall results are amplified as they prove to be great in innovation field. It is a major shift to see the role of universities as a trigger, but also as a fortifier of major trends that are critical for society, bringing the best from scientific research, but also from educational field and providing maximum value to their stakeholders