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Transferring Knowledge in a Knowledge-Based Economy
Abstract
Knowledge is considered a major asset for companies competing in today’s knowledge-based economy. Management and retention of this knowledge is a critical task in keeping companies ahead of the game. This article will focus on one component of knowledge management, that is, the creation of a successful knowledge transfer process by using an integrative literature review method (Torracco, 2005). An integrative literature review is a form of research where the pertinent literature on a topic was systematically reviewed, analyzed, and synthesized in hopes of reaching a new and better understanding of the topic. Multiple databases were used in gathering literature for this article. Common themes that serve as findings of the study were through the processes of independent analysis of each researcher and joint discussion of the two researchers of the study. In the following sections, background information and definitions concerning knowledge transfer are presented followed by the identified themes. Finally, pertinent discussions regarding trends of knowledge transfer are discussed.
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