What is the meaning of a knowledge based economy? The term “knowledge-based economy” results from a fuller recognition of the role of knowledge and technology in economic growth. Knowledge‚ as embodied in human beings (as “human capital”) and in technology‚ has always been central to economic development. In the knowledge-based economy it is the production of ideas‚ not goods‚ that is the source of economic growth‚ and the reason that the new computing and telecommunications technologies are
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competition for management talent‚ it also means that the human resources departments will face more and more challenging and new employees’ issues. Globally‚ knowledge has become the most important factor in economic development and knowledge assets are considered essential for economic growth‚ competitive advantage‚ human development and quality of human life (Malhotra‚ 2003). Therefore‚ the integration of knowledge management and Organisational Learning into Human Resource Management is essential
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certainty is uncertainty‚ the one sure source of lasting competitive advantage is knowledge. When markets shift‚ technologies proliferate‚ competitors multiply‚ and products become obsolete almost overnight‚ successful companies are those that consistently create new knowledge‚ disseminate it widely throughout the organization‚ and quickly embody it in new technologies and products. These activities define the “knowledge-creating” company‚ whose sole business is continuous innovation. To Western managers
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Staff Turnover as a Possible Threat to Knowledge Loss Urbancová Hana‚ Linhartová Lucie Abstract The article focuses on labour turnover as a potential threat to knowledge loss. Labour turnover results in an organizations inability to ensure knowledge continuity. In this study‚ induction was used to identify factors within organizations that determine employees’ exit from organizations. The verifiability of these factors was tested by means of correlation and regression. Subsequently‚ the presented
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International Journal of Contemporary Business Studies Vol: 3‚ No: 6. June‚ 2012 ISSN 2156-7506 Available online at http://www.akpinsight.webs.com A Review on the Role of Managerial Levers in Innovation Management Suriati Bt Zainal Abidin1 Sany Sanuri Bin Mokhtar2 Rushami Zien Bin Yusoff3 College of Business Universiti Utara Malaysia 06010 UUM Sintok‚ Kedah Darul Aman‚ MALAYSIA. 1‚ 2‚ 3 ABSTRACT Managerial levers are essential elements to ensure the synchronization between people and system
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Barner-Rasmussen‚ 2004: Managing knowledge transfer in MNCs: the impact of headquarters control mechanisms (article 1) 4 Minbaeva et. al. (2003): MNC knowledge transfer‚ subsidiary absorptive capacity‚ and HRM (article 2) 5 Mudambi (2002): Knowledge management in multinational firms (article 3) 6 Foss & Pedersen (2002): Transferring knowledge in MNC’s: The role of sources of subsidiary knowledge and organizational context (article 4) 7 Gupta & Govindarajan (2000): Knowledge flows within multinational
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Running head: Analysis/Synopsis of Records Management Meets Knowledge Gathering Records Management Meets Knowledge Gathering Le ’Che Hunter September 20‚ 2005 ADM 3301 Dr. C Nealy University of Houston - Downtown Abstract In the last two decades Information Technology and development of the internet have given rise to as well as a chance of advancement for records managers. In this Article‚ Records management meets knowledge gathering‚ the author investigates some of the problems and opportunities
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ICHEC Management School of Brussels European Management Semester Abroad Project Assignment Rubin Alyans Submitted to: De Hainaut‚ R. & Lecoyer‚ J.-C. Submitted by: Avdovic‚ Elsa Bergström‚ Susanne Gök‚ Seyma Pauló‚ Eszter Patel‚ Kuntal Vlková‚ Petra Date: December 3rd‚ 2013 Table of Contents Table of Contents .................................................................................................................... i List of Figures ..............
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Organisations Semester 2‚ 2013 “Knowledge is experience. Everything else is just information” Albert Einstein Learning Objectives After studying this week’s content you should be able to: 1. 2. 3. 4. 5. Define knowledge management‚ intellectual capital‚ and organisational learning. Identify specific ways that organisations acquire and share knowledge. Describe the knowledge creation process. Explain the role of trust in knowledge sharing. Identify organisational features
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manage and retain knowledge workers? As Peter Drucker recently quoted‚ the new knowledge economy will rely heavily on knowledge workers who are not‚ as a rule‚ much better paid than traditional skilled workers but also see themselves as professionals. Knowledge technologists are likely to become the dominant social and perhaps‚ political force over the next decades. Thus‚ it is very important to have the right strategies in place to select‚ develop‚ manage and retain knowledge workers. But before
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