Knowledge And Knowledge Management The Resource Based View And Competitive Advantage The Contribution Of Knowledge Management To Attaining Competitive Advantage


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


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

Author: Adebusoye Sanni

language: en

Publisher: GRIN Verlag

Release Date: 2018-01-29


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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.

Knowledge Management and Competitive Advantage: Issues and Potential Solutions


Knowledge Management and Competitive Advantage: Issues and Potential Solutions

Author: Chilton, Michael A.

language: en

Publisher: IGI Global

Release Date: 2013-10-31


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"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 Competitive Advantage During Economic Crisis


Knowledge Management for Competitive Advantage During Economic Crisis

Author: Ordoñez de Pablos, Patricia

language: en

Publisher: IGI Global

Release Date: 2014-09-30


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Strategy management has always been a crucial business aspect that a company must understand to remain successful in the business world. However, there are a number of different approaches that a company can employ in order to differentiate themselves from the competition. Knowledge Management for Competitive Advantage During Economic Crisis brings together the various approaches that affect the superiority of a company’s organizational performance and the gains they can make over their competitors. By focusing on concepts such as organizational learning and intellectual capital, this book is an indispensable reference source for researchers, practitioners, graduate students, and business managers interested in understanding what approaches are necessary to ensure superior organizational performance.