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Knowledge and knowledge management. The resource based view and competitive advantage. The contribution of knowledge management to attaining competitive advantage

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Release : 2018-01-29
Genre : Business & Economics
Kind : eBook
Book Rating : 690/5 ( reviews)

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Book Synopsis Knowledge and knowledge management. The resource based view and competitive advantage. The contribution of knowledge management to attaining competitive advantage by : Adebusoye Sanni

Download or read book Knowledge and knowledge management. The resource based view and competitive advantage. The contribution of knowledge management to attaining competitive advantage written by Adebusoye Sanni. This book was released on 2018-01-29. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 61.0, University of South Wales, course: Management Theories and Philosophies, language: English, abstract: Knowledge has been identified as a crucial source of attaining competitive advantage and the creation of value (King and Zeithaml, 2003), and a fundamental component for growth and important criteria for organizations with global interest. Knowledge management is a method of collecting, organizing, and sharing worker intellectual capital all through the organization to guarantee the firm's effectiveness. Kelleher and Levene (2001) sharing knowledge all through the organization to promote current firm's business processes, brings about effective business process and eliminates unnecessary process. The resource based view has advanced to become an important theory in the field of strategy from the 1980's (Wernerfelt, 1984 ; Barney 1991 ; Grant 1991). The resource based view moves concentration of researchers in the field of strategy from external resource to organization's internal resources. It sets up the different types of resources different from other organizations as a crucial sources of advantage amongst rivals (Peteraf, 1993; Barney 1991) and determines different factors that assist organizations to keep up with their superior resource position and competitive advantage (Dierickx and Cool, 1989; Barney 1991; Ghemawat,1986). The necessity for developing competitive advantage over rivals is of top most discussion in strategic management subjects (Rahimli, 2012). Competitive advantage of an organization is said to exist when the resource of an organization is exceptional among other rivalry industries (Kotler and Keller, 2012). This essay will examine more literature in knowledge and knowledge management, the resource based view and competitive advantage and the contribution of knowledge management to attaining competitive advantage.

Resource-Based View of Knowledge Management for Competitive Advantage in an organization

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Release : 2017-02-28
Genre : Business & Economics
Kind : eBook
Book Rating : 324/5 ( reviews)

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Book Synopsis Resource-Based View of Knowledge Management for Competitive Advantage in an organization by : Muhammad Adeel

Download or read book Resource-Based View of Knowledge Management for Competitive Advantage in an organization written by Muhammad Adeel. This book was released on 2017-02-28. Available in PDF, EPUB and Kindle. Book excerpt: Examination Thesis from the year 2016 in the subject Business economics - Information Management, grade: A, International Islamic University Malaysia (GSM), course: Master of Management, language: English, abstract: We are living in the Knowledge era, a new age which is presumably to have a different perspective or point of view and which will involve a new route for doing businesses. Smart and speedy is vital to the success of organizations in increasingly changing set of the knowledge age. The expansion and practice of KM (knowledge management) is dramatically and continuously growing in firms. For reason of development in knowledge management, the speed for acquiring a competitive advantage by means of knowledge grows at faster rate as compared to the past. KM has also been demonstrated for its prospective contribution in creating SCA (sustained competitive advantages) for firms. The accusation that knowledge management might be able to generate SCA (sustained competitive advantage) for organizations is provoking; working in this field is relatively underdeveloped, both theoretically and empirically. The recent studies on competitive advantage and knowledge management have stressed description, rather than empirical research knowledge management could achieve to such an advantage. A possible or potential infrastructure for expanding the conceptual analysis of knowledge management’s impacts on firm's CA (competitive advantage) is the RBV (resource-based view) of the organization which relates the CA of firms with capabilities and resources that are difficult to imitate and firm-specific. The RBV is recently the commanding theoretical view in strategic management published literature, and it concerns with expensive attributes of an organization which are viewed as the basic pillars of SA (competitive advantage). In RBV (resource-based view), knowledge is viewed as a strategic benefit or asset with the outcome potential to be a source of SCA (sustainable competitive advantage) for a company. The RBV of the organization extends and builds upon the resource-based theory of the organization. It originally developed by Penrose (1959) and enlarged by others (Alavi and Leidner 2001). It encircles the aspects and features to knowledge combination or integration and the four initial method by which knowledge is arranged.

Knowledge Management and Competitive Advantage: Issues and Potential Solutions

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Release : 2013-10-31
Genre : Business & Economics
Kind : eBook
Book Rating : 802/5 ( reviews)

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Book Synopsis Knowledge Management and Competitive Advantage: Issues and Potential Solutions by : Chilton, Michael A.

Download or read book Knowledge Management and Competitive Advantage: Issues and Potential Solutions written by Chilton, Michael A.. This book was released on 2013-10-31. Available in PDF, EPUB and Kindle. Book excerpt: "This book examines current research in support of knowledge management by focusing on how knowledge resources can be used to create and sustain competitive advantages, combining imitation and innovation theories"--Provided by publisher.

Knowledge Management For 1 Competitive Advantage

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Release : 2005-12
Genre : Knowledge management
Kind : eBook
Book Rating : 378/5 ( reviews)

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Book Synopsis Knowledge Management For 1 Competitive Advantage by : Harish Chandra Chaudhary

Download or read book Knowledge Management For 1 Competitive Advantage written by Harish Chandra Chaudhary. This book was released on 2005-12. Available in PDF, EPUB and Kindle. Book excerpt: Aims to study the importance of knowledge management in organizations. This work reviews and presents the state of knowledge management.

From Knowledge Management To Strategic Competence: Measuring Technological, Market And Organizational Innovation

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Release : 2000-04-18
Genre : Business & Economics
Kind : eBook
Book Rating : 935/5 ( reviews)

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Book Synopsis From Knowledge Management To Strategic Competence: Measuring Technological, Market And Organizational Innovation by : Joe Tidd

Download or read book From Knowledge Management To Strategic Competence: Measuring Technological, Market And Organizational Innovation written by Joe Tidd. This book was released on 2000-04-18. Available in PDF, EPUB and Kindle. Book excerpt: Latest Edition: From Knowledge Management to Strategic Competence: Assessing Technological, Market and Organisational Innovation (3rd Edition)The business and academic communities pay much interest to the concept of knowledge management and strategic competencies or core capabilities; that is, how organizations define and differentiate themselves. This book attempts to establish the links between strategic competencies, knowledge management, organizational learning and innovation management — specifically, how an organization identifies, assesses and exploits its competencies, and translates these into new processes, products and services.The contributors to the book include leading researchers and consultants in the field. Adopting a practical but rigorous approach to the subject, they focus on the measurement, management and improvement of organizational, technological and market competencies, and identify the relationships with strategic, operational and financial performance.

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