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Knowledge Management Strategies for SMEs

In: Entrepreneurship in United Europe – Challenges and Opportunities. Proceedings of the International Conference, 13 – 17 September 2006, Sunny Beach, Bulgaria

Author

Listed:
  • Sebastian Ceptureanu

    (Academy of Economic Studies, Bucharest, Romania)

  • Eduard Ceptureanu

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

The profound changes in economy determined by transition to knowledge-based economy and knowledge-based management are reflected in new SMEs strategic approach. SMEs are facing ever-increasing challenges, brought on by transition to knowledge-based economy, marketplace pressures, the nature of the workplace etc. Many SMEs are now looking to knowledge-based strategies to address these challenges, considering the recent developments of these as a visible result of knowledge based management emergence. Such initiatives are often started with the development of a knowledge management strategy. To be successful, a KM strategy must identify the key needs and issues within the SMEs and provide a framework for addressing these. This paper presents several typologies of knowledge-based strategies, with the main focus on the most appropriate for SMEs.

Suggested Citation

  • Sebastian Ceptureanu & Eduard Ceptureanu, 2007. "Knowledge Management Strategies for SMEs," Conference Proceedings Chapters, in: Kiril Todorov & David Smallbone (ed.), Entrepreneurship in United Europe – Challenges and Opportunities. Proceedings of the International Conference, 13 – 17 September 2006, Sunny Beach, Bu, edition 1, chapter 127, pages 424-433, Bulgarian Association for Management Development and Entrepreneurship.
    • Handle: RePEc:mdv:cpchap:y:2006:26
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    Keywords

    strategy; knowledge; SMEs;
    All these keywords.

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