Knowledge Management as a Significant Determinant of Competitive Advantage Sustainability Cover Image

Znalostný manažment ako podstatný determinant udržateľnosti konkurencieschopnosti podniku
Knowledge Management as a Significant Determinant of Competitive Advantage Sustainability

Author(s): Štefan Žák, Eva Hvizdová, Andrej Miklošík
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: innovation; knowledge management; sustainable competitive advantage

Summary/Abstract: National economies are looking for ways to stabilize their performance and ensure continuous economic growth. Innovative environment that supports innovation activity of enterprises can stimulate firms to increase efficiency and finding new business opportunities. Strategic innovation and continuous process of innovation are the determinants of sustainable competitive advantage. The authors of this paper prove on the base of the empirical study the existence of causal relationship between the implementation of the principles of knowledge management and the innovation potential of enterprises. Thus they indirectly demonstrate the existence of a causal nexus between the change towards a learning organization and the sustainable competitive advantage achievement. Knowledge management can be then designated as an important determinant of the sustainable competitiveness.

  • Issue Year: 60/2012
  • Issue No: 10
  • Page Range: 1041-1078
  • Page Count: 18
  • Language: Slovak