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Current Approaches Regarding the Knowledge Management Impact on SMEs Performance

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Author Info

  • Ionela Carmen RIZEA (PIRNEA)

    () (The Bucharest Academy of Economic Studies, Romania)

  • Denisa Elena PARPANDEL

    () (Constantin Brâncoveanu University, Romania Author-Name: Alexandra Elena CALDARARU, The Bucharest Academy of Economic Studies, Romania)

  • Andreea Lorena RADU

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.

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Bibliographic Info

Article provided by Faculty of Management, Academy of Economic Studies, Bucharest, Romania in its journal ECONOMIA seria MANAGEMENT / ECONOMY - MANAGEMENT series.

Volume (Year): 14 (2011)
Issue (Month): 2 (December)
Pages: 563-568

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Handle: RePEc:rom:econmn:v:14:y:2011:i:2:p:563-568

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Related research

Keywords: knowledge management; performance; SMEs.;

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