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Purpose

The purpose of this paper is to bridge the knowledge management (KM) and strategic business network literatures from the viewpoint of SMEs.

Design/methodology/approach

This paper presents a typology of KM and strategic business networks; thus the paper is based on a literature review and analysis.

Findings

The paper provides a typology of the strategic SME network types and their key KM challenges based on a synthesis of existing literature.

Research limitations/implications

It is suggested that longitudinal case studies of KM practices in strategic SME networks should be conducted. An empirical multi‐case study has already been started.

Originality/value

The presented SME network typology can benefit SME managers facing networking and KM challenges. Besides, it is suggested that a common strategy should be developed for all types of networks to enable the creation of knowledge‐based competencies and capabilities.

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