Abstract for: Dynamics of Organizational Learning in Catching-Up Process

In this work the role of organizational learning in catching-up process is studied by means of system dynamics modeling. This model includes major transform/creation phases of knowledge, i.e. internalization, socialization, externalization and combination and shows how these mechanisms cause increase of organizational knowledge level and its catching-up with the level of pioneer organizations. This work is the first step of dynamical modeling of catching-up process by means of system dynamics and will be followed by future works on how intelligent policy making can be modeled and implemented practically in organizations.