Current Approaches Regarding the Knowledge Management Impact on SMEs Performance
Ionela Carmen RIZEA (pirnea) (),
Denisa Elena Parpandel and
Andreea Lorena Radu ()
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Ionela Carmen RIZEA (pirnea): The Bucharest Academy of Economic Studies, Romania
Andreea Lorena Radu: The Bucharest Academy of Economic Studies, Romania
Economia. Seria Management, 2011, vol. 14, issue 2, 563-568
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.
Keywords: knowledge management; performance; SMEs. (search for similar items in EconPapers)
JEL-codes: L25 M11 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:rom:econmn:v:14:y:2011:i:2:p:563-568
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