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Knowledge Creation and Competitive Advantage
Abstract
Knowledge management enables organizations to better utilize their current stock of knowledge and position themselves to recognize opportunities to create knowledge faster than their competitors, thus increasing an organization’s value and competitive standing. Economic value is increasingly related to an organizations ability to innovate and innovation requires that the organization engage in learning on a continuous basis. This research in progress paper investigates the relationship between an organization’s structure and its ability to create knowledge and increase value. The author suggests that any organization can gauge its potential to create new knowledge by giving careful consideration its intellectual bandwidth for knowledge creation and discusses the key enablers of knowledge creation.
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