The Role of Intellectual Capital in Creating and Adding Value to Organizational Performance: A Conceptual Analysis

Provided by: Electronic Journal of Knowledge Management
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The rapid growth of knowledge economy in the last two decades has changed management styles. Organization's knowledge strategy should be driven from business strategy to ensure development of knowledge culture. Such a culture ensures knowledge activities, namely acquiring, sharing, creating, transforming and utilizing. The knowledge environment will encourage and promote innovative processes. The feedback from external environment and experience from previous projects will help in research and development. The amalgamation of new and known knowledge will help devise ways and means of transformation for effective and efficient performance.

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