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The Role of Knowledge Creation, Sharing and Utilization to the Resource-Based View of Competitive Advantage

Almost every organization strives to make profit by offering to the market à single value that cannot be provided by competitors. This uniqueness is what gives an organization a competitive advantage over rival organizations, and helps it to reach its objectives. Henceforth, to build such singularity over time supposes the possession of a knowledge that others have not. This paper discusses the extent to which knowledge creation, sharing and utilization is crucial in creating competitive advantage. Therefore, this article is going to be developed around key factors that create and maintain competitive advantage; among them, we note mechanisms through which knowledge is acquired and developed, the role of management styles in knowledge management settings, the organization status, the innovation process and the strategic management process.