Evolving Perspectives on Management of Knowledge in Firms and Performance: A Review of Literature

Abstract

A number of studies have investigated the relationship between management of knowledge in firms and performance. On the basis of previous literature, it is apparent that several angles have evolved pitting knowledge management in organizations and their performance. What is manifest, however, is that management of knowledge in firms has a role to play on an organization's performance. On the theoretical front, credence is given to the position that knowledge resources exploited by an organizations have the potential to contribute to significant changes in performance. Besides, a number of theories are supported as underpinning management of knowledge and organizational performance. On the practical front, the review extends the debate on the relationship between management of knowledge and performance by demonstrating that several performance dimensions in organizations are associated with management of knowledge.