Knowledge Management System (KMS) is a system for creating, acquiring, organizing,
distributing, and applying knowledge (Maier and Remus, 2002; and Gupta and Sharma, 2004),
or it is the art of creating value from intangible assets (Gupta and Sharma, 2004).
Knowledge Management (KM) is rapidly becoming an integral business function (Grover
and Davenport, 2001) and a means for managing many organizations (Ponzi and Koenig,
2002). KM refers to the systematic attempts for finding, organizing and making accessible the
intangibles of an organization, reinforcing knowledge culture, and heavy investments on
information technology (Shih and Chiang, 2005). Successful implementation of KM requires
a comprehensive look at various organizational factors (Rahnavard and Mohammadi, 2009).
Today, the greatest ideal of organizations is to define a proper KMS and to effectively
manage it. The key is to identify the driving factors of KM. This study examines the driving
factors of KM and entrepreneurship in a sample of university professors and managers of
public and private firms. Studies have shown that economic growth is driven by entrepreneurs
who motivate and develop the society in an increasingly competitive and complex
environment. What underpins successful entrepreneurship is finding creative ways with the
use of new technologies for better, faster, and more cost-effective marketing of new products.
The current complexity and competitiveness of societies have made entrepreneurship a key
factor in economic development, for it increases productivity, creates jobs, and improves
social welfare (Ahmadpour, 2004).
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