Knowledge Management to Intellectual Capital of Business Organizations in Thailand
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Abstract
Knowledge management is one of the management theories to enhance competitive levels of organizations. This management focuses on the process of managing intellectual property. Recently, our society is turning to a knowledge-based economy that influences organizations to emphasize more on knowledge management as valuing the intellectual capital of all employees. This intellectual property is the primary asset that contributes to the companies’ growth through the knowledge management process and system development regarding intellectual property and resources of the companies. This article aims to illustrate definitions, significances, objectives, and evolution of knowledge management concerning a change of an information society to a knowledge society, knowledge management and capacity enhancement of organizations, knowledge management and characteristics of modern organizations. Moreover, the article focuses on the process and steps of managing knowledge, innovation management of organizations, and intellectual property management of organizations. All in all, this is to let students, executives, or people who are interested in this issue visualize the benefits of intellectual property management that might contribute to the success, survival, and competitive level improvement of business organizations in Thailand sustainably.
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