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Ethical and Legal Issues in Knowledge Management Life-Cycle in Business
Abstract
In this Knowledge-based economy knowledge is the driver of economic growth and knowledge management (KM) is seen as a strategic tool by most successful organizations. ICTs have transformed the way information and knowledge are acquired, created, stored and shared. These days, social media has become a mainstream for internal and external communication, collaboration and knowledge sharing. As the importance of KM is increasing, the numbers of ethical and legal issues also are escalating through-out the KM life-cycle from knowledge creation to knowledge maintenance, such as, issues related to privacy, confidentiality, plagiarism, ownership and intellectual property. Advanced technologies have raised new concerns and issues regarding KM and business at large in the form of ethical challenges. This chapter discusses the ethical and legal issues in Knowledge Management Life-Cycle in Business. In its conclusion, the chapter presents recommendations to overcome some of the ethical and legal challenges of KM in business.
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