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Globalization On The Strategic Components Research Paper

Today, the national elites, still existent, interact globe wide through knowledge. These knowledge based interactions have led to the creation of an "intercontinental techno-culture that transcends national boundaries" (Etemad and Wright). And this new technological culture is present not only at the level of the national elites, but also at the level of economic agents. The more powerful an economic agent, the more intense his efforts will be in the direction of using technology to transform knowledge into core competencies and competitive advantages. Another interesting aspect of the strategic components of knowledge management is that they could only be promoted through the advances brought about by the forces of globalization. There are two most relevant examples in this direction. The first is the indubitable role played by information technology and communications. With the aid of these advancements, information could easily be transferred from one global location to the other. This increased access to information then created more opportunities for individuals as well as economic agents across the globe to seize new opportunities.

The second component of globalization which promoted knowledge management was the creation of a new infrastructure. Through the new and improved roads, bridges, airports, telecommunications lines and so on, economic agents were better able to expand their operations globe wide, without encountering geographic barriers. This situation led to the social and economic development of several regions. Within the organizational...

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These refer primarily to the new barriers encountered, such as cultural barriers, legal barriers or organizational barriers (McDonald, 2001).

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Barclay, R.O., Murray, P.C., 1997, Knowledge Praxis, Media Access, http://www.media-access.com/whatis.html last accessed on April 6, 2010

Etemad, H., Wright, R.W., 2003, Globalization and entrepreneurship: policy and strategy perspectives, Edward Elgar Publishing, ISBN 184376024X

Karagiannis, D., Reimer, U., 2002, Practical aspects of knowledge management: 4th international conference, PAKM 2002, Vienna, Austria, December 2-3, 2002: proceedings, Springer, ISBN 3540003142

McDonald, P., 2001, Globalization -- business opportunity and KM challenge, KM World, http://www.kmworld.com/Articles/Editorial/Feature/Globalizatione28094business-opportunity-and-KM-challenge-9221.aspx last accessed on April 6, 2010
Tkach, D., 2003, Knowledge management: the key to success for life sciences and pharmaceutical companies, WT News, http://wistechnology.com/articles/401 / last accessed on April 6, 2010
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