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Current Approaches Regarding the Knowledge Management Impact on SMEs Performance

Author

Listed:
  • 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.

Suggested Citation

  • Ionela Carmen RIZEA (PIRNEA) & Denisa Elena PARPANDEL & Andreea Lorena RADU, 2011. "Current Approaches Regarding the Knowledge Management Impact on SMEs Performance," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(2), pages 563-568, December.
  • Handle: RePEc:rom:econmn:v:14:y:2011:i:2:p:563-568
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    File URL: http://www.management.ase.ro/reveconomia/2011-2/29.pdf
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    Cited by:

    1. Ionela Carmen PIRNEA & Elena Alexandra CALDARARU, 2012. "The relationship between performance and knowledge management in Romanian SMEs," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economics, Tibiscus University in Timisoara, vol. 0, pages 512-517, May.

    More about this item

    Keywords

    knowledge management; performance; SMEs.;

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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