Search result : Definition of knowledge management

1. Definition of knowledge management

   
   In the context of technology - and knowledge - intensive firms, since organic growth is regarded as excessively time - and money - consuming, M&As have come to be viewed as an attractive growth strategy for tapping new markets and/or quickly obtain larger market shares. Futhermore, M&As are regarded as winalows into partners' knowledge base and a way of extending firms' limited R&D capabilities more quickly than developing them in-house. Knowledge transfer is a primary motive for many reasons, such as specialisation, cost issues, learning curves...
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2. Definition of knowledge management

   
   Knowledge within the firm can reside at the level of individuals, as individual knowledge, or be shared among members of the organization, as collective knowledge. Collins thus divided knowledge into four categories: individual-explicit or embrained knowledge, individual-tacit or embodied knowledge, collective-explicit or encoded knowledge, and collective-tacit or embedded knowledge. Embedded knowledge is a set of shared beliefs and understanding within an organization, residing in its culture. It is in this sense that, effective knowledge transfer of a firm' embedded knowledge requires a commonly shared cultural threshold between the parties and a great deal of socialization...
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