Contribution of Knowledge-Based Management Practices to SMEs Performance
AbstractThe knowledge-based economy requires, both in Romania and internationally, the presence of intelligent organizations, with advanced management capabilities of their collective skills, as sources of performance. As a result, worldwide, more than ever, knowledge is accepted as one of the main sources of competitive advantage. Small and medium sized enterprises (SMEs) are the most dynamic factor of progress in contemporary society, the main generator of economic performance, and employment opportunity provider for the population. SMEs represent 99% of all enterprises, drawing up the main human resource agglomeration. Knowledge-based management approaches go beyond the rigid hierarchies and entail the emergence of non-hierarchical organizational structures.
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This chapter was published in: Dan Popescu & Iulia Chivu & Alina Ciocarlan-Chitucea & Alexandra Steriu , , pages 859-869, 2011.
This item is provided by University of Primorska, Faculty of Management Koper in its series MIC 2011: Managing Sustainability? Proceedings of the 12th International Conference, Portorož, 23–26 November 2011 [Selected Papers] with number 859-869.
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knowledge-based management; learning organizations; small and medium enterprises (SMEs); sustainability;
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