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New Business Requirements in the Knowledge-Based Society

New Business Requirements in the Knowledge-Based Society

A. Draghici
ISBN13: 9781599040486|ISBN10: 1599040484|ISBN13 Softcover: 9781616927516|EISBN13: 9781599040509
DOI: 10.4018/978-1-59904-048-6.ch011
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MLA

Draghici, A. "New Business Requirements in the Knowledge-Based Society." Adaptive Technologies and Business Integration: Social, Managerial and Organizational Dimensions, edited by Maria Manuela Cruz-Cunha, et al., IGI Global, 2007, pp. 211-243. https://doi.org/10.4018/978-1-59904-048-6.ch011

APA

Draghici, A. (2007). New Business Requirements in the Knowledge-Based Society. In M. Cruz-Cunha, B. Conceicao Cortes, & G. Putnik (Eds.), Adaptive Technologies and Business Integration: Social, Managerial and Organizational Dimensions (pp. 211-243). IGI Global. https://doi.org/10.4018/978-1-59904-048-6.ch011

Chicago

Draghici, A. "New Business Requirements in the Knowledge-Based Society." In Adaptive Technologies and Business Integration: Social, Managerial and Organizational Dimensions, edited by Maria Manuela Cruz-Cunha, Bruno Conceicao Cortes, and Goran D. Putnik, 211-243. Hershey, PA: IGI Global, 2007. https://doi.org/10.4018/978-1-59904-048-6.ch011

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Abstract

This chapter explains knowledge management’s (KM) role for competitive advantage as a means of new business requirement in the knowledge-based society. It argues that KM, combined with new information technologies, determines new approaches of business strategy, knowledge leadership, culture, management content, organizational structure, technology and innovation, which are key enablers for competitive advantage. In addition, these are discussed in the case of a virtual organization (Network of Excellence) for building the knowledge sharing culture, based on interaction of the management functions and stages of the knowledge creation process. Furthermore, the authors hope that understanding the main issues and trends of KM as an essential element of business integration for obtaining a considerable competitive advantage will not only inform researchers but also assist them in developing new approaches for attending efficiency in the new global virtual organizations.

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