Vol. 3 No. 1-2 (2012)
Theoretical Studies

The Theoretical Bases of Knowledge Management

Márta B. Erdős
University of Pécs
Bio
Gábor Juhász
University of Pécs
Bio
Péter Garai
Türr István Training and Research Institute; University of Kaposvár
Bio

Published 01-12-2012

Keywords

  • tudás,
  • innováció,
  • tudásmenedzsment,
  • kommunikációs audit,
  • konzultatív-participatív vezetői stílus,
  • szervezeti kultúra,
  • tapasztalati közösségek

Abstract

As Schultz states in his study called Investment in Human Capital (Schultz, T.W., 1961, 1983) employers can become capital owners by acquisition of economically valuable knowledge and skills. In Schultz’s understanding education and training is an investment that results into the development of a special kind of capital called human capital.
S. Rosen (Rosen, 1977) points out that human capital comprises the abilities and productive knowledge of individuals. Consequently, the yield of investment into human capital comes from the development of the individual’s knowledge, skills, thus the capacity to generate income and increase the effectiveness of economic decision making.
Due to major contemporary economic and social changes the role of education and training, and thus the role of knowledge management has become foregrounded worldwide. In the second half of 20th Century knowledge has become an essential factor of production and its significance is constantly growing. The increased significance is represented in expressions such as knowledge society, information society, network society as well as knowledge management, which is in the focus of our publication.