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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Knowledge Management: A Rewarding Challenge for SME’s?

Knowledge Management: A Rewarding Challenge for SME’s?
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Author(s): Anabela Sarmento (Instituto Politecnico Porto, Portugal) and Ana M.R. Correia (Universidade Nova de Lisboa, Portugal)
Copyright: 2003
Pages: 3
Source title: Information Technology & Organizations: Trends, Issues, Challenges & Solutions
Source Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59140-066-0.ch284
ISBN13: 9781616921248
EISBN13: 9781466665330

Abstract

In contemporary knowledge-based society, where organizational environment is changing at a rapid pace, information and knowledge to promote innovation are the keys to competitiveness and success. This was recognised in the conclusions of the Lisbon European Summit [Lisbon … 2000], which were then extended in the Barcelona European Summit [Barcelona … 2002]. The latter state that one of the goals of Europe is to attain a “competitive knowledge-based society” based on education and training systems, adapting quickly to the “demands of the knowledge society and the needs for an improved level of quality of employment”. Furthermore, every citizen must be equipped with the skills needed to live and work in this rich information environment. These goals would be attained, for instance, by improving the “mastery of basic skills, development of digital literacy and lifelong learning” [Barcelona … 2002:18-20]. The same concerns are expressed in the UNICE Benchmarking Report 2000 [UNICE, 2000].

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