The Effects of Knowledge Management on Innovation and Acquisition

Organizational knowledge is counted as one of the main assets of the 21st century companies, and its efficient managing would lead towards the progression of the organizational quality. “Knowledge Management” is a term which has become dominant in the present business management literature. The professionals in this field have introduced numerous key factors in order to execute the knowledge management, successfully such as the organizational innovation and acquisition. This article delivers a brief definition of knowledge management, and organizational innovation and acquisition, and the relevant view and initiative points, affective factors, the kinds and consequently the success key factors.