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Success Factors for Implementation of Entrepreneurial Knowledge Management in Malaysian Banks

Author

Listed:
  • Vijayan Paramsothy

    (Institute of Bankers Malaysia, Malaysia)

  • Peter Woods

    (Knowledge Management Centre, Multimedia University Malaysia, Malaysia)

  • Murali Raman

    (Graduate School of Management, Multimedia University Malaysia, Malaysia)

Abstract

This research focuses on developing and testing the concept of entrepreneurial knowledge management (EKM) to view knowledge management (KM) activities in domestic banks. The ability of banks to learn from the explicit and implicit knowledge it possess and turn it into knowledge assets that can generate income stream is a major factor for sustainable competitive advantage. We used structural equation modelling (SEM) to analyse the data gathered, given that SEM has become one of the popular statistical tools to test the relationships proposed in a parsimonious model. The research has empirically determined that the majority of the respondents are aware that knowledge is important in the business of banking. However, it appears some have relegated KM to Management Information Technology (IT) and neglected to cast a wider net to appreciate the importance of EKM for the purpose of creating unique entrepreneurial knowledge asset to enable sustainable differentiation and competitive advantage for generating future income streams.

Suggested Citation

  • Vijayan Paramsothy & Peter Woods & Murali Raman, 2013. "Success Factors for Implementation of Entrepreneurial Knowledge Management in Malaysian Banks," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 12(02), pages 1-19.
    • Handle: RePEc:wsi:jikmxx:v:12:y:2013:i:02:n:s0219649213500159
    DOI: 10.1142/S0219649213500159
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    References listed on IDEAS

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    1. Ronald Maier, 2007. "Knowledge Management Systems," Springer Books, Springer, edition 0, number 978-3-540-71408-8, June.
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