Knowledge Management in Management of Social and Economic Development of Municipalities: Highlights

TL;DR

This paper proposes using semantic modeling and cognitive mapping to better understand and manage the social and economic development of municipalities, addressing challenges with conventional models.

Contribution

It introduces a novel approach combining semantic modeling and cognitive mapping for municipal development analysis.

Findings

Semantic modeling effectively represents municipal development indicators.

Cognitive mapping reveals key connections influencing development.

Proposed methods improve understanding of complex social-economic interactions.

Abstract

The paper discusses the process of social and economic development of municipalities. A conclusion is made that developing an adequate model of social and economic development using conventional approaches presents a considerable challenge. It is proposed to use semantic modeling to represent the social and economic development of municipalities, and cognitive mapping to identify the set of connections that occur among indicators and that have a direct impact on social and economic development.