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Knowledge Retention Within Small And Medium-Sized Enterprises

Author

Listed:
  • TODERICIU Ramona

    (Lucian Blaga University of Sibiu, Romania)

  • BOANTA Alexandra

    (Lucian Blaga University of Sibiu, Romania)

Abstract

In the constantly changing nowadays economy, all organizations have to be prepared to embrace all technological innovation and become good competitors in the market place all over the world. This need puts a special emphasize on the ability of a company to evolve through employee ability to grow professional. The retention of good, qualified employee is a complex process, because of the importance of the knowledge for the financial efficiency of a company. This article aims is to examine knowledge retention as an advantage of companies in this era of information, an era in which organizations view their employees as the main sources of competitive edge, acknowledging, at the same time, the challenge of reaching the knowledge and sharing it with all the stakeholders.

Suggested Citation

  • TODERICIU Ramona & BOANTA Alexandra, 2019. "Knowledge Retention Within Small And Medium-Sized Enterprises," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 14(3), pages 231-238, December.
    • Handle: RePEc:blg:journl:v:14:y:2019:i:3:p:231-238
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    File URL: http://eccsf.ulbsibiu.ro/RePEc/blg/journl/14318todericiu.pdf
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