Confirming the well known thesis knowledge is power, A. Toffler argued that the knowledge based society represents the acme of the human society development and P. Drucker said that the developed countries passing through the knowledge based society represents the biggest change of the modern world. That made possible and helped the emerging of the managerial revolution (defined as knowledge applied to knowledge itself) at the firm’s level. Under these circumstances, knowledge has to be seen as a strategic resource – source of competitive advantages and of managerial performances as well. Considering this, a firm’s management have to define a coherent behavioral model in order to seriously take into account and to valorize the knowledge management as a source of sustainable competitiveness into the knowledge based society.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
1688.
Find related papers by JEL classification: D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information M19 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Other L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other
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