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Factors Affecting the Performance of Business Operations in Knowledge Management PJAEE, 17 (7) (2020)

Factors Affecting the Performance of Business Operations in Knowledge


Management
Satender Singh
Department of Management, Sharda University, Greater Noida, Uttar Pradesh, India
Email: satendar.singh@sharda.ac.in

Satender Singh: Factors Affecting the Performance of Business Operations in Knowledge


Management -- Palarch’s Journal Of Archaeology Of Egypt/Egyptology 17(6). ISSN 1567-
214x
Keywords: Divergence in Communication, Educational Innovation, Idiographic Strategy,
Microanalysis, Mutually Enabling Group, Poetic Beaviour, Pedagogization

ABSTRACT
The aim of this analysis is to recognize & analyse different variables in project-based
organizations affecting the progress or failure of interventions of knowledge management. With
an analysis of the literature, the report presents a quantitative model of six theoretically
significant reasons for the performance of interventions of knowledge management. Present
framework is evaluated via an online questionnaire of project leaders & administrative assistants
from Sweden's project-based companies. Present research shows that a shortage of resources &
the absence of an appropriate database network are the two important obstacles to effective
interventions of knowledge management. Due to constrained exploratory work, the result of
research may be constrained in forms of generalization. project leaders should construct a
competitive benefits package to promote operation owners to bring interventions of knowledge
management and recommend ideas for modern opportunities of knowledge management. Until
implementing knowledge management programs, administrators will always ensure an
appropriate user-friendly knowledge infrastructure is set in place. The research suggests a
conceptual paradigm for knowledge management programs with key achievements in the sense
of project-based industry.

1. Introduction
Knowledge management for corporate organizations, is a significant topic. A
variety of common viewpoints have emerged from which scholars & clinicians
have tackled information management. Although the creation, dissemination
and application of information is still an essential part of human relations (thus
the well-established discipline of epistemology), researchers have a strong
foundation for relevant awareness to business organizations of the twenty-first

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Factors Affecting the Performance of Business Operations in Knowledge Management PJAEE, 17 (7) (2020)

century. Information was described symbolically as one step through the


community of knowledge as the main tool for individual businesses & the core
engine of competitive benefit for developing countries, competition in
information-based sectors & working in cultures of information & communities
[1]. The sense of the term knowledge is subject to multiple definitions.
This has been related in the past to terms like details, knowledge, intellect,
ability, expertise, experience, thoughts, wisdom or insight, both of which rely
on the sense wherein the words are being utilized. Plato sees knowledge as a
rational true conviction that researchers subsequently changed to: a complex
human activity that supports personal confidence in reality at the organizational
stage. In a wider context , researchers describe knowledge as a collection of
ordered statements of facts or theories, providing a rational decision or
experimental outcome, that is communicated to another by any contact
mechanism in some systemic way or in general context as-which is
scientifically recognized, intellectual property, added to a name and collection
of names and licensed through copyright or any other type of legal
acknowledgement. Knowledge is a fluid mix of constructed experiences,
values, background information & insight from experts [2]. Researchers
describe awareness as a resource that builds on data-extracted details or the
collection of assumptions an analyst has for an occurrence.
While demands in the modern world have centred upon transformation as a
way of survival, companies have gradually switched to information technology
(IT) to help and execute their transition plans. As a consequence, IT investment
currently amounts to more than US$ 4.6 trillion globally [3]. Nevertheless,
following growing innovation in digital technology & project managers'
professionalization, IT's contributions to efficiency growth has decreased since
2002 & most companies are unable to attain good market benefit from their IT
investments [4]. Whereas the study & practice literature has demonstrated how
project leaders can behave to execute projects on schedule and on budget,
analysis has demonstrated that senior project leaders and corporate supporters
progressively assess success utilizing the market benefit metric. One should
look at ventures from a number of viewpoints. Knowledge-based approach
must be considered in this research study. IT-enabled business ventures are
considered information-intensive initiatives which seek to develop which
validate ideas about how knowledge management inside an IT-enabled
business project affects market performance attainment [5]. Management of
information was designed as a 3D structure, which implies the objective of
information management in a project was to develop 3 forms of project-based
expertise that, if matched, would lead to the achievement of business benefit.
Knowledge management is now widely accepted as a vital strategic advantage
and thus competition in organizational learning has grown among most
companies. Around the same period, more businesses are planning their
company in terms of projects; in addition, the project-based approach has
become an established market strategy within the variety of possible business

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Factors Affecting the Performance of Business Operations in Knowledge Management PJAEE, 17 (7) (2020)

strategies open to corporations. Taken together, a dedication to successful


information management is evolving as an important way of creating &
maintaining competitive advantage in the form of a project-based market
strategy. So, it is not shocking that in the past few year’s government
expenditure on knowledge-management projects has dramatically increased in
all forms of business (such as project-based enterprises) [6]. Organizations are
adopting a number of programs to recognize, exchange & leverage their
information assets in line with a knowledge-based vision of the business
through which expertise is recognized as a core strategic tool for productive
usage. However, several project-based companies lack the skills to manage
their information assets (particularly those acquired within past project
experience); moreover, several project-based knowledge management
programs have struggled for a number of factors (such as economic, technical,
information quality & operations execution causes).
Consequently, the current research aims to explore and evaluate the crucial
aspects in the context of all project teams that enhance & inhibit knowledge-
management measures. The rest of the paper is structured the following way. A
literature analysis of core principles in project-based business, information
management, and knowledge management programs were demonstrated. A
framework of six essential performance factors found in the analysis of
literature was proposed. The methods and findings of an empirical review of
the proposed model are interpreted in Sweden in the sense of project-based
organisations. The importance of the results was discussed. It has indicated
other consequences for project managers that derive from this report. The
research ends with a short description of the main findings.

Research questions:
1) How can one enhance and inhibit the knowledge management measures in
business operations?
2) What are the core principles of knowledge management programs in
project-based business operations?

2. Literature Review
Researchers are researching how IT-enabled enterprise ventures may be
handled to bring value to consumer companies. An information perspective of
this topic was developed, and knowledge management was conceptualized as a
three-dimensional term that encompasses knowledge stock, supporting climate
and knowledge activities. It was proposed that knowledge management allows
three forms of project-based information to be generated and integrated that are
vital to the required achievement. Results of companies: awareness of software
architecture, awareness of operational improvements and knowledge of market
interest. The concept was proposed from all over the globe, including survey
results through 213 IT project leaders [7]. Obtained findings confirm the
conceptualization of core structures by the framework objectively &

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Factors Affecting the Performance of Business Operations in Knowledge Management PJAEE, 17 (7) (2020)

demonstrate that information management inside IT programs leads to the


development & integration of critical expertise depending upon project. IT
literature leads to IT project analysis by 1) combining the broad variety of
knowledge management literature into a common managerial-useful
framework, 2) creating a paradigm that links knowledge management across
information processes to project-based knowledge formation & coordination,
and 3) explaining the relevance of the model, its frameworks & interventions.
The framework had the ability to impact analysis into IT ventures & direct
project management towards generating value for the market.
Investigators sought to recognize and analyse growing influences in project-
based organizations that affect the performance or lack of information
management initiatives. After a literature review, the report presents a
computational framework containing 6 theoretically significant reasons for the
performance of interventions of knowledge management. The concept is also
tested in an online sample of project leaders & project-based company assistant
managers in Denmark. The analysis found that the lack of resources & the
shortage of a satisfactory management network are the two important obstacles
to effective knowledge management programs in ventures [8]. Owing to the
minimal observational research, the study results can be constrained in context
of generality. Project leaders will create an enticing reward program to enable
team leaders to take interest in activities of knowledge management & to
propose potential possibilities for knowledge management. Until implementing
knowledge management programs, administrators will always ensure an
appropriate user-friendly knowledge infrastructure is set in place. In the sense
of project-based enterprise this literature introduced a modern paradigm of key
performance indicators for interventions of knowledge management.
Researchers in a previous study, sought to investigate the implementation of a
knowledge management approach at the Central Bank of Africa and how this
was integrated in the bank's business operations. The paper's approach has been
used as literature analysis and a case study [9]. The need to match Knowledge
Management Policy with Business Strategies has been described as crucial to
knowledge management performance. It has been noticed that concentrating
information management upon the payment system phase of the Bank has
helped to generate interest & improve market results. For the information
management system, a hybrid method of formalisation & marketization was
introduced. The policy implemented included utilizing a 2-pronged
community-of-practice methodology & a robust platform to support knowledge
management. Experts recognize that this approach brings benefit to the
enterprise & enhances the transfer of information through a distributed job
climate. Control of expertise is rare in major public sector organisations in
Africa. Similarly, information management is not very popular in legislative
financial organizations such as the African Central Banks. This literature
illustrates the complexities of introducing a knowledge management system in
an organisation of the fragmented, decentralized & networked public sector
with 35 divisions representing 150 million citizens in sub-Saharan Africa.

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Factors Affecting the Performance of Business Operations in Knowledge Management PJAEE, 17 (7) (2020)

A researcher suggested a novel study model to explore the overlooked and


crucial mediating role of knowledge-worker collaboration among knowledge
management methods (information exchange, knowledge creation, and
implementation of knowledge) and creativity. The data were obtained from 370
intelligence employees in Bangladesh's IT sector & evaluated utilizing version
27 of Smart PLS 3 [10]. The findings suggest that efficiency of information
staff mediates among 2 mechanisms of knowledge management (creation of
knowledge and the utilization of knowledge) and creativity. Remarkably
however, it doesn't initiate among exchanging information & creativity. The
findings reinforce the crucial position of knowledge-worker efficiency-the
most compelling problem of knowledge-based creativity for the management
profession in the 21st century. In addition, the findings indicate the overriding
position of social & contextual information management method to cloud
computing & system-based strategies.
What is the role of information management within organisations? It is one of
the basic sciences & realistic issues that has sparked & driven the complex
empirical discourse about information resource management. Such literature is
meant to incorporate the subject of the specific problem. The basic principle is
that companies only spend their finite capital if such assets are capable of
increasing the capacity to generate economic profit. Managers are therefore
engaged in handling information not for the purposes of knowledge
management, but because corporate efficiency enhancements may be achieved
by organizing, developing, reviewing & revising the company expertise tools
& processes. The collection of papers published in this special issue is
primarily focused on the research of the conference "Global Forum on
Management of Information Resources" which was held in Denmark in July
2012 [11]. This gathers leading specialists into strategic information-based
growth of micro- & macro-organizations paying careful attention to
complexities of awareness that affects the capacity to generate organizational
value. Awareness is one of the basic elements of any company, so it may be
integrated into the skills of persons or invested in institutional & technical
resources. While information training is at the core of market success of the
company. This particular topic calls focus to 2 major views into the context of
the review. Second, realizing that knowledge, thus the resource of every other
entity, requires management implies promoting its distribution & production,
concentrating upon mechanisms & strategies aimed at defining, controlling &
assessing the essential resources of information for growth. Finally,
recognizing that transforming information into market results involves
management frameworks, & instead understanding the systems of information
that drive success enhancement. The special issue examines the phenomena
which combine the perspectives of organization, community & person. This
combination overcomes certain shortcomings in terms of recognizing the
problems under review.
Industrial cluster analysis primarily focuses on the impact of the strategic edge
that they generate. This analysis follows a separate perspective, performing

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Factors Affecting the Performance of Business Operations in Knowledge Management PJAEE, 17 (7) (2020)

observational studies over 3 forms of Japanese parks (industrial areas, export


processing zones, and technology parks), which are especially influential in
economic growth and have cluster features in the sector. The research
examines the impact on innovation success of different resources &
competencies among clustered firms, & emphasizes on information
management as the investigative mediator [12]. A study, multiple regressions,
& correlation analysis investigate over the impact on business knowledge
management & innovation efficiency of the different resources and
relationships within industrial clusters. In terms of organizational innovation
success, knowledge management appears as the mediator of business clusters
and thus provides help for the research hypotheses. The results of this
preceding study are useful for more analysis & strategic thought on business
operations efficiency.
In a previous study, researchers also proposed a number of obstacles (failure
factors) after review of 5 case studies of unsuccessful interventions of
knowledge management. Such hurdles have been broken down into 4
categories: advanced technologies; culture; project management; and subject
matter [13]. It can be remembered that certain aspects appear in one table as
facilitators (project success), and in the other as inhibitors (failure aspects). The
technological element, for instance, is identified both as an instigator & an
obstacle. Additionally, the community factor appears in both columns. The
reason is that a given aspect is not a facilitator or a deterrent per se; rather, the
role of a measure (as a factor of strength or weakness) relies on how it is
handled. Thus, it is more adequate to refer to these variables as contributing
aspects or shaping factors relating to knowledge management projects, rather
than facilitators or challenges. The critical factor is the handling or care of the
component at problem associated with it.

3. Methodology
Design:
Building on the literature review discussed above, the present analysis presents
a quantitative model of the variables driving the performance of knowledge
management programs within a project-based framework. The suggested
model, as seen in Figure 1, comprises 6 key variables: compatibility with
knowledge management; cooperation between staff & departments; motivation
for information efforts; authority to carry out information activities; knowledge
management system; & cultural assistance.

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Factors Affecting the Performance of Business Operations in Knowledge Management PJAEE, 17 (7) (2020)

Compatibility

Co-operative nature

Motivation

Knowledge Management
Interventions
System

Authority

Cultural Assistance

Figure 1 demonstrates the model of knowledge management comprising 6


key variables. Implementation of these variables in business project
operations enhances the performance of knowledge management
programs.
To implement interventions of knowledge management, project-based
companies must ensure that leaders of the organization, particularly project
team members, are acquainted with knowledge management and have a
consistent plan to respond to particular interventions of knowledge
management. Compatibility with knowledge management is necessary for the
development of any organization's interventions of knowledge management;
however, if workers are not acquainted with notion and procedures of
knowledge management, it is almost certain that interventions of knowledge
management of the company may collapse. In any project of knowledge
management, a major aspect for progress is empowering individuals to interact
and apply their experiences with others. Cooperation is intended to carry
members of staff together to express strategies. In spite of the well-known 4-
step process of recommendation for information formation, which consisted of
the phases of socialization, distribution, mixture, and internalization, the
integration component introduced in the present framework can be assumed to
involve the phases of social interaction & combination.
This has been proposed that reward schemes play a significant role in the
performance of interventions of knowledge management. A motivation in the
suggested framework may be interpreted as any aspect (financial or non-
financial) that motivates individuals to take a certain action or choose one

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Factors Affecting the Performance of Business Operations in Knowledge Management PJAEE, 17 (7) (2020)

option over another. Rewards may be divided into 3 specific groups:


compensation – material rewards (especially money) for behaving in a specific
way; morality – following a particular option since it is deemed the correct (or
commendable) things to do, or because inability to behave in a particular
fashion is likely to be criticized as inappropriate; and manipulative – follow a
specific course of behaviour and failing to behave in that manner would result
in negative (or penalties) effects. An individual can be extrinsically driven to
achieve goals (i.e., providing rewards that are related to the task itself) or
internally driven to achieve goals (i.e. receiving personal gratification by
completing the job). Going to adopt this concept of motivation, it was argued
that intrinsically motivated is especially effective in promoting information
formation & sharing within an organization.
Though the term energy is frequently used interchangeably with the term
authority, its definitions vary. Energy alludes to the capacity to achieve those
objectives while authority alludes to the legality of possessing the control.
Employees are the centre of information formation, since information is
preserved inside the person. And it is critical that workers are not only
motivated to build and exchange information, but still allowed to share and use
information within the company. Knowledge must be comprehended not as an
asset but as procedure. As such, companies need to build a comprehensive
framework to facilitate the transfer of information in knowledge management
projects in order to optimize the benefit of information. There have to be
practical as well as systemic relationships between the different sections of an
efficient knowledge management network. An efficient knowledge
management program may be the most critical enabler for knowledge
management, but if it is not adequately controlled every framework may be an
obstacle. In fact, a comprehensive knowledge management infrastructure
enables the transition, storage and re-use of expertise in project-based
organizations.
The culture of a growing company is special, and this distinctive corporate
culture separates one organization's leaders from another. For project-based
organizations, the idea of a distinctive corporate culture is particularly
significant as team members also include people from diverse cultural
backgrounds. Community was argued to be a central element in assessing the
success of information exchange. An organization's culture defines not just the
form of information that is being handled but also the importance of that
expertise in offering the company with a significant benefit. The majority of
effective programs were focused on an acceptable organizational culture
favourable to information gathering & communication amongst these leaders of
the company.

Sample and Data Collection:


The longitudinal analysis test survey performed to analyse the theoretical
paradigm consisted of project leaders & administrative assistants working on a
number of initiatives in different sizes in Finnish project-based corporations.

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Factors Affecting the Performance of Business Operations in Knowledge Management PJAEE, 17 (7) (2020)

The sample questionnaire was automatically sent to 300 prospective


respondents, who were selected randomly from a list distributed upon its
Finnish Project Management Authority portal. Follow-up emails were
submitted at 1-, 2- and 3-week intervals after the initial touch. A minimum of
40 completed questionnaires have been submitted, showing an 11.26 per cent
answer rate. The first paragraph of the questionnaire clarified the study's goals.
Throughout corresponding instalments, participants were expected to utilize a
5-point Likert-type scale (1 1⁄4 "strongly disagree"; 5 1⁄4 "strongly agree") to
show to what degree the existence or absence of the 6 conceptual framework
variables (compatibility, co-operative nature, motivation, system, authority,
cultural assistance) were obstacles to effective knowledge management
programs within their organizations.

4. Results
Table 1 describes the comprehensive findings for each of 6 elements. The
average score from the 40 answers for a given element has been demonstrated.
Variance represents the degree of discrepancy in replies. Weight was measured
by taking the mean response of every parameter to a specific variable by the
total of the mean answer. Figure 2 displays the weights of the variables in a
graphical manner, thereby showing the degree to which each of the 6 variables
are viewed as a deterrent to knowledge management efforts within the
organizations of participants.

Table 1 defines the comprehensive results for each of 6 elements. Wherein


the results demonstrate the average score obtained from the 40 answers
given by participants.

Compati Motivatio Co- Cultural


Authority System
bility n operation assistance

Variance 0.84 3.643256 3.202243 1.387038 2.720669 1.253807

Weight 0.16822 0.204348 0.175563 0.161662 0.156784 0.190376

Average 4 3.644534 3.209874 2.867543 2.741226 3.400355

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Factors Affecting the Performance of Business Operations in Knowledge Management PJAEE, 17 (7) (2020)

Figure 2 displays the weights of the variables in a graphical manner as


barriers to interventions of knowledge management. This demonstrates
the degree to which each of the 6 variables are viewed as a deterrent to
knowledge management efforts within the organizations of participants.
Figure 2 indicates that a shortage of resources & absence of a satisfactory
program have been viewed as the most important obstacles to effective
knowledge management programs in projects. Failure to communicate &
shortage of experience with knowledge management were of secondary
significance as obstacles. Shortage of authority & cultural assistance is seen as
the least important obstacles associated with effectiveness of knowledge
management interventions in ventures.

5. Discussion
The research findings showed that the absence of opportunities for workers
participating in Knowledge management programs was the most important
obstacle to the implementation of these programs in the project-based
companies that were analysed here. The findings indicate that, if they wish to
maximize the probability of performance in these programs, senior executives
must provide acceptable compensation packages for staff to partake in
Knowledge management programs. The second big obstacle to progress in
Knowledge management projects was the absence of a structured structure for
managing information within project-based organizations. Most respondents
thought that their companies lacked an appropriate framework for handling
information effectively. It is evident that successful knowledge management
programs will be a major factor in having knowledge management projects
thrive in project-based enterprises. Such a framework will encourage the
exchange of expertise among employees by means of an interactive interface
portal that is open to all interested project participants. The third most
important hurdle to knowledge management efforts was lack of communication
between staff and agencies, while the fourth most important was a lack of
familiarity. It may seem that better communication between workers who are

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Factors Affecting the Performance of Business Operations in Knowledge Management PJAEE, 17 (7) (2020)

acquainted with knowledge management's goals & procedures will improve the
probability of performance in interventions of knowledge management.
Only the 5th most important challenge found in this analysis has been a
shortage of cultural support. It is clear that the present participants did not view
a shortage of cultural assistance as being as important as most of the other
influences. Even so, cultural assistance remains an essential component of any
successful knowledge management program. A community of reciprocal
support and assistance allows team leaders to focus on each other & the
knowledge they exchange, thus increasing the possibility of transparent &
efficient collaboration to accomplish their common objectives. Finally, the
least important obstacle to the effectiveness of Knowledge management
programs was authority lacking to carry out awareness programs. It's possible
that the participants considered knowledge as a cognitive tool to utilize as they
see suitable, and they didn't see any requirement for explicit authority to share
their experiences. However, it remains important that senior executives will
freely promote and allow the exchange of professional experience in an effort
to improve the capabilities & abilities of as many development team leaders as
practicable.

6. Conclusion
This research evaluated crucial performance drivers in project-based entities
for interventions of knowledge management. The research has developed a
conceptual framework of these variables, building upon observations of
numerous scholars in recent years. This defined 6 variables & used them in the
present framework: Compatibility with knowledge management, Cooperation
between the colleagues or team members, Motivation for the efforts of
providing information, Authority for carrying out the activities associated with
knowledge management, Knowledge management system and Cultural
assistance. The experimental study's results also showed that the lack of
resources & fitting programs are the most important obstacles to effective
knowledge management programs in ventures. Some major obstacles are a
shortage of inter - departmental communication & lack of experience with
knowledge management. The least important obstacles to effective knowledge
management projects among the project-based organizations examined here
were a shortage of authority to handle expertise as well as cultural assistance.
The most significant consequences of this study for project leaders are that
effective knowledge management projects need adequate opportunities for
team leaders, and a user-friendly communication structure that promotes
knowledge sharing and management across all project stakeholders. Even so,
the generalization of the results could be partial due to a small methodological
sample analysis.
The study's results have some important consequences for project leaders who
want to implement effective knowledge management activities within their
programs. Next, administrators can devise an enticing reward program to
encourage participants of the team to get interested with knowledge

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Factors Affecting the Performance of Business Operations in Knowledge Management PJAEE, 17 (7) (2020)

management programs. Having a reward program would also allow


participants to bring out suggestions for the project team on potential
knowledge management possibilities. Next, administrators can schedule
meetings or conferences to familiarize team leaders with the specific objectives
and strategies of successful knowledge management. It's clear that workers
can't make positive changes to knowledge management until they're acquainted
with the priorities & systems it entails. Such lectures and workshops will
increase consciousness among team leaders that the expertise they hold is a
powerful tool that needs to be handled in a structured manner to support
people, the organization they are part of, and the organisation. Fourth, it is
more than challenging to get knowledge management without cooperation; it is
almost difficult. Project leaders will also maintain interdepartmental
cooperation so that they can effectively execute their knowledge management
programs. Eventually, administrators ought to cultivate a corporate climate that
promotes involvement in knowledge management projects & supports all
participants of the team in carrying out their tasks to the maximum of their
ability.

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