As a concept, knowledge covers vast ground and has multiple meanings. In the present day, it is frequently encountered through the term ‘knowledge economy,’ which is usually used to refer to the importance of knowledge as a contemporary commodity. Public awareness of the importance of intellectual property in the information age is essential to the successful implementation and growth of the knowledge economy. Most people do not have a very clear idea about the role of intellectual property in encouraging creativity and the importance to our economic well-being. While it is necessary to increase public awareness in this area, it will not be easy. Intellectual property is typically perceived as being incomprehensible because just a little part of the people has education in this field. IP education means the skills and competences that young people can be expected to acquire in the classroom that enable them to become familiar with intellectual property, understand its potential to generate income and economic growth and lead them to respect IP rights. This paper will present the role that universities play in the development of the knowledge based economy and the need to have more educational programs in this field.
 European Citizens and Intellectual Property: Perceptions Awareness and Behaviour (2013): https://oami.europa.eu/ohimportal/documents/11370/80606/IP+perception+study
 Țîțu M. Oprean C. Boroiu A. Cercetare experimentală aplicată în creșterea calității produselor și serviciilor Bucharest Agir Publishing 2011.
 Chang Yuan Managing academic innovation in Taiwan: Towards a scientific–economic framework Technological Forecasting & Social Change 73 pp. 199–213 2006.
 Azagra-Caro J.M. et al. Faculty support for the objectives of university–industry relations versus degree of R&D cooperation: The importance of regional absorptive capacity Research Policy 35 pp. 37–55 2006.
 Jain Sanjay et al. Academics or entrepreneurs? Investigating role identity modification of university scientists involveed in commercialization activity Research Policy 38 pp. 922–935 2009.
 The Global Competitivity Index 2015-2016 http://global-indices.insead.edu/gtci/documents/INSEAD_2015-16_Full_Book_Ebook.pdf
 Gyimah-Brempong Kwabena Paddison Oliver Mitiku Workie Higher education and economic growth in Africa The Journal of Development Studies No. 42 pp. 509-529 2006.
 Keun Lee Byung-Yeon Kim Both institutions and policies matter but differently for different income groups of countries: Determinants of long-run economic growth revisited World Development Vol. 37 Issue 3 pp. 533-549 2009.
 Krueger A.B. Lindahl M. Education for growth: Why and for whom? Journal of Economic Literature American Economic Association Vol. 39 Issue 4 pp. 1101-1136 2001.
 Matton Richard Can higher education foster economic growth? Chicago Fed Letter No. 229 2006.