...Yann Mey Yee; Cheng Ling Tan; Ramayah Thurasamy Purpose This paper aims to discuss the necessity of building a knowledge management system in today’s knowledge economy by focusing on human capital management, choice of tools, and how knowledge processes affect an organization’s strategic...

... been submitted to a rigorous scientific methodology. While Drucker agrees that the knowledge economy naturally is based on uncertainty and change, which makes it difficult to make long-lasting prognoses, he maintains that the accomplishment of business value comes from making these choices explicit...

... outputs into successful products and services. Orginality/value The report is of value in warning that Britain must make the component parts of the knowledge economy work more effectively together. Overall, it focuses on a series of specific themes relating to innovation in the UK...