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Current Approaches Regarding the Knowledge Management Impact on SMEs Performance

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Author(s): Ionela Carmen RIZEA (PIRNEA) | Denisa Elena PARPANDEL | Alexandra Elena CĂLDĂRARU | Andreea Lorena RADU

Journal: Economia : Seria Management
ISSN 1454-0320

Volume: 14;
Issue: 2;
Start page: 563;
Date: 2011;
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Keywords: knowledge management | performance | SMEs

ABSTRACT
Managing knowledge is a critical capability for small to medium-sized enterprises (SMEs) to master because it helps them leverage their most critical resource. Organizational knowledge is the most salient resource at the disposal of SMEs in terms of availability, access, and depth. Successful SMEs are those who can leverage their knowledge in an effective and efficient manner, so as to make up for deficiencies in traditional resources, like land, labor, and capital. The purpose of this article is to identify the knowledge management impact on SMEs performance and to compare knowledge management in SMEs with knowledge management in large companies. The research discovered that SMEs do not manage knowledge the same way as larger organizations.

Tango Jona
Tangokurs Rapperswil-Jona

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