Asist. univ. dr. Ivona Orzea Faculty of Business Administration Academy of Economic Studies, Bucharest
INTRODUCTION
Two predominant goals of the organization are the generation and the application of knowledge. An organization that has the ability to create knowledge on an ongoing basis has the advantage of having developed a unique capability of being dynamic. The competence to generate and apply new organizational knowledge is considered as one of the main sources of the competitive advantage of the firm.
INTRODUCTION
The study of literature revealed that there are three distinct phases of knowledge management: before the 90s, the early 90s and the late 90s.
In the first phase of knowledge management managers focused on data and information processing, and on information systems management. The goal was to observe, gather, store in data bases, and manage existing knowledge in information systems as any other assets. In the second phase, knowledge management focused on the organizational knowledge sharing process.
In the third phase the focus changed to the sources and stimulating factors of knowledge creation.
INTRODUCTION
KNOWLEDGE CREATION
Knowledge creation is about continuous transfer, combination, and conversion of the different types of knowledge, as users practice, interact, and learn. Knowledge sharing and knowledge creation go hand in hand. Knowledge is created through practice, collaboration, interaction, and education, as the different knowledge types are shared and converted.
BASIC COMPONENTS OF KNOWLEDGE CREATION FIRMS
KNOWLEDGE CREATION DETERMINANTS
The knowledge vision of a firm is an integral part of the strategic vision of organization, and it is strongly related to the fundamental question “why do we exist?” The knowledge vision results from the strategic management of the firm and it gives a direction to the process of knowledge