Advocating Entrepreneurship Education and Knowledge Management in Global Business

Advocating Entrepreneurship Education and Knowledge Management in Global Business

Kijpokin Kasemsap (Suan Sunandha Rajabhat University, Thailand)
DOI: 10.4018/978-1-4666-8798-1.ch014
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Abstract

This chapter reveals the perspectives of advocating entrepreneurship education and knowledge management (KM) in global business, thus describing the theoretical and practical concepts of network economy, sharing economy, entrepreneurship education, and KM; the empirical studies of entrepreneurship education and KM in the network economy and the sharing economy; the significance of entrepreneurship education in global business; and the significance of KM in global business. The achievement of entrepreneurship education and KM is crucial for modern organizations that seek to serve suppliers and customers, improve business performance, facilitate competitiveness, and obtain routine success. Thus, it is essential for modern organizations to explore their entrepreneurship education and KM applications, develop a strategic plan to investigate their advancements, and respond to entrepreneurship education and KM needs of customers. Applying entrepreneurship education and KM has the potential to enhance organizational performance and achieve strategic goals in the digital age.
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Advocating Entrepreneurship Education And Knowledge Management

This section describes the theoretical and practical concepts of network economy, sharing economy, entrepreneurship education, and KM; the empirical studies of entrepreneurship education and KM in the network economy and the sharing economy; the significance of entrepreneurship education in global business; and the significance of KM in global business.

Key Terms in this Chapter

Business: An organization or economic system where goods and services are exchanged for one another or for money.

Sharing Economy: A socio-economic system built around the sharing of human and physical resources.

Knowledge Creation: The formation of new ideas through interactions between explicit and tacit knowledge in individual human minds.

Entrepreneurship: The capacity and willingness to organize and manage a business venture along with any of its risks in order to make a profit.

Community Of Practice: The informal, self-organized, network of peers with diverse skills and experience in an area of practice or profession.

Knowledge Management: The strategies and processes designed to identify, capture, structure, value, leverage, and share an organization's intellectual assets to enhance its performance and competitiveness.

Organizational learning: The organization-wide continuous process that enhances its collective ability to accept, make sense of, and respond to internal and external change.

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