KNOWLEDGE AS A DISTINCTIVE RESOURCE OF COMPETITIVE ADVANTAGE
Keywords:
Business EconomicsAbstract
The paper focuses on identifying factors that allow companies to gain competitive advantage in global competition, based on the sources of competitive advantage of nations. In the knowledge-based society, knowledge becomes a distinctive resource for any company that innovate in order to develop/strengthen some distinctive core-competencies against its competitors. However, there is a considerable amount of literature which unsatisfactory explains/clarifies the mechanism for processing various types of knowledge (explicit and tacit) and for innovating in order to maintain a certain competitive advantage in different markets.
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Published
07.08.2015
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Section
Business Economics, Sustainable Development, Public Administration and Law