WISSENSORIENTIERTEM MANAGEMENT UND DIE NEUE ECONOMY
Knowledge management in the new economy

Summary/Abstract: Today, we are living in a chaotic transition period to a new age defined by global competition, rampant change, faster flow of information and communication, increasing business complexity, and pervasive globalization. The pace of change has become so rapid that it took a different type of firms to be dominant and marked entirely new era of business. Knowledge discovery and skill-set management are key functions in exploiting the knowledge resources that underpin the 21st century economy. Knowledge is power in the new economy, knowledge management refers to the critical issues of organizational adaptation, survival and competence against discontinuous environmental change.

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