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History of knowledge management is quite short because there was a long-time lack of consensus on what would be a good definition of knowledge management. Before starting to use knowledge management as a theoretical frame there was only know-how about thinking with knowledge. The most important key factor of knowledge management is recognizing ...
The knowledge-based theory of the firm, or knowledge-based view (KBV), considers knowledge as an essentially important, scarce, and valuable resource in a firm. [1] [2] According to the knowledge-based theory of the firm, the possession of knowledge-based resources, known as intellectual capital, is essential in dynamic business environments. [3]
Knowledge management (KM) is the set of procedures for producing, disseminating, utilizing, and overseeing an organization's knowledge and data.It alludes to a multidisciplinary strategy that maximizes knowledge utilization to accomplish organizational goals.
A knowledge organization also links past, present, and future by capturing and preserving knowledge in the past, sharing and mobilizing knowledge today, and knowledge organizations can be viewed from a number of perspectives: their general nature, networks, behavior, human dimensions, communications, intelligence, functions and services.
Knowledge-creating companies, he believed, should be focused primarily on the task of innovation. This laid the foundation for the new practice of knowledge management, or "KM", which evolved in the 1990s to support knowledge workers with standard tools and processes.
It was developed at the University of Amsterdam as an alternative to an evolutionary approach and is now accepted as the European standard for knowledge based systems. [1] Its components are: A methodology for managing knowledge engineering projects. A knowledge engineering workbench. A methodology for performing knowledge elicitation.
According to Jemielniak, knowledge enterprises have emerged due to changes in the global economy.Over time, the economy has put more priority on services. The emergence of knowledge companies is also called a symptom of the third industrial revolution, in which the workers are separated from the owners of the production.
A knowledge value chain is a sequence of intellectual tasks by which knowledge workers build their employer's unique competitive advantage [1] and/or social and environmental benefit. As an example, the components of a research and development project form a knowledge value chain.