Knowledge management – a source of sustainable competitiveness in the knowledge based economy

Ogrean, Claudia (2006): Knowledge management – a source of sustainable competitiveness in the knowledge based economy.

Abstract

Confirming the well known thesis knowledge is power, A. Toffler argued that the knowledge based society represents the acme of the human society development and P. Drucker said that the developed countries passing through the knowledge based society represents the biggest change of the modern world. That made possible and helped the emerging of the managerial revolution (defined as knowledge applied to knowledge itself) at the firm’s level. Under these circumstances, knowledge has to be seen as a strategic resource – source of competitive advantages and of managerial performances as well. Considering this, a firm’s management have to define a coherent behavioral model in order to seriously take into account and to valorize the knowledge management as a source of sustainable competitiveness into the knowledge based society.

• Item Type: MPRA Paper
• Institution: Lucian Blaga University of Sibiu
• Language: English
• Keywords: knowledge based society; competitiveness; knowledge management; managerial revolution
• Subjects: D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D83 - Search ; Learning ; Information and Knowledge ; Communication ; Belief ; Unawareness; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M1 - Business Administration > M19 - Other; L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L29 - Other

References

(1) Bellinger, G., Castro, D., Mills, A., Data, information, Knowledge, and Wisdom, in http://www.systems-thinking.org/dikw.htm, 2004 (2) Drucker, P., Societatea postcapitalistă. The post capitalist society, Ed. Image, Bucureşti, 1999 (3) Drucker, P., Managementul viitorului. Managing in the next society, 2002 (4) Halawi, L.A., Aronson, J.E., McCarthy, R.V., Resource-Based View of Knowledge Management for Competitive Advantage, in The Electronic Journal of Knowledge Management, vol. 3, issue 2, 2005 (5) Huber, G.P., The Necessary Nature of Future Firms: Attributes of Survivors in a Changing World, Sage Publications, 2003 (6) Korka, M., Corporate Social Responsibility in Romania: From Theory to Practice, in Transition Studies Review, 12(1), 2005 (7) Krugman, P., Competitiveness: the dangerous obsession, in Foreign Affairs, March-April, 1994 (8) Lopes, I., Martins, M., The New Business Models in the Knowledge Economy: the Strategic Way to value creation, in The Electronic Journal of Knowledge Management, 2006; (9) Mullins, C., What is Knowledge and can it be managed?, in The Data Administration Newsletter, www.tdan.com, Robert S. Seiner Publisher (10) Myers, P.S., Knowledge Management and Organizational Design, Butterworth-Heinemann Publishing, 1996 (11) Noe, T., Parker, G., Winner Takes All: Competition, Strategy and Structure of Returns in the Internet Economy, in Journal of Economics & Management Strategy, 2006; (12) Nicolescu, O., Nicolescu, L., Economia, firma şi managementul bazate pe cunoştinţe. Knowledge based economy, firm and management, Ed. Economică, Bucureşti, 2005 (13) Oxbrow, N., Abell, A., Is there life after knowledge management? in Information outlook, vol. 6, no. 4, 2002 (14) Porter, M.E., Clusters and the new economics of competition, in Harvard Business Review, Boston, Nov/Dec 1998 (15) Schultze, U., Stabell, C., Knowing What You Don’t Know? Discourses and Contradictions in Knowledge Management Research, in Journal of Management Studies, 2004 (16) Toffler, A., Puterea in miscare. Power-shift, Ed. Antet, Bucuresti, 1995 (17) Useem, J., Our 10 Principles of the New Economy Slithly Revised, in Business, nr. 5, 2001