Title: Knowledge Management and
Performance:
An Empirical Study of Top Multinationals from Emerging Markets
Abstract: This
study
examines knowledge management trend of top Fortune Global multinational
enterprises
from emerging markets and it’s relation to business performance.
Drawing
on the resource-based and knowledge-based strategic management
theories,
it is argued that firms that best manage their intangible resources
such
as knowledge are more likely to have a competitive advantage. Data of
top
thirty Fortune Global multinational enterprises from emerging markets
show
a trend toward spending more on research and development, registering
more
new patents, and better usage of assets from 2002 to 2007. A positive
correlation
was identified between changes in new patent registration and return on
assets.
Implication for managers is that they can achieve better business
performance
through efficient and effective management of assets, intangible assets
in
particular, and investment in research and development.
Authors: Chunhui
Liu and Kwok-Kee Wei