<abstract xmlns="http://www.w3.org/1999/xhtml"><p>In the constantly changing nowadays economy, all organizations have to be prepared to embrace all technological innovation and become good competitors in the market place all over the world. This need puts a special emphasize on the ability of a company to evolve through employee ability to grow professional. The retention of good, qualified employee is a complex process, because of the importance of the knowledge for the financial efficiency of a company. This article aims is to examine knowledge retention as an advantage of companies in this era of information, an era in which organizations view their employees as the main sources of competitive edge, acknowledging, at the same time, the challenge of reaching the knowledge and sharing it with all the stakeholders.</p></abstract>

In the constantly changing nowadays economy, all organizations have to be prepared to embrace all technological innovation and become good competitors in the market place all over the world. This need puts a special emphasize on the ability of a company to evolve through employee ability to grow professional. The retention of good, qualified employee is a complex process, because of the importance of the knowledge for the financial efficiency of a company. This article aims is to examine knowledge retention as an advantage of companies in this era of information, an era in which organizations view their employees as the main sources of competitive edge, acknowledging, at the same time, the challenge of reaching the knowledge and sharing it with all the stakeholders.

Knowledge Retention within Small and Mediumsized Enterprises

Studies in Business and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Knowledge Retention within Small and Mediumsized Enterprises"}

In the constantly changing nowadays economy, all organizations have to be prepared to embrace all technological innovation and become good competitors in the...

Knowledge Retention within Small and Mediumsized Enterprises

Published Online: Jan 21, 2020

Page range: 231 - 238

DOI: https://doi.org/10.2478/sbe-2019-0056

Keywords
knowledge, knowledge retention, knowledge management

© 2019 Todericiu Ramona et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Knowledge Retention within Small and Mediumsized Enterprises

Published Online: Jan 21, 2020

Page range: 231 - 238

DOI: https://doi.org/10.2478/sbe-2019-0056

Keywordsknowledge, knowledge retention, knowledge management

© 2019 Todericiu Ramona et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
knowledge, knowledge retention, knowledge management