Abstract

The global economy is in the midst of sweeping economic and social transformations, where knowledge has replaced physical labour and natural resources as the key source of sustained growth. At the organisational level, a knowledge advantage is widely considered a sustainable source of competitive advantage. However, managing knowledge requires a complex combination of new tools, infrastructures, processes, strategies, and their coexistence and integration with the existing ones. Whether at the top of a CEO's agenda or considered a faddish practice, knowledge management (KM) is both compelling and overwhelming. This paper examines the implementation of KM from an absorptive capacity perspective. A case study is presented to illustrate how the framework can be used to assess the importance of an organisation's familiarity with KM principles, techniques, and strategic value; and whether it has the required learning capabilities to successfully adopt and implement KM.

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