2014
DOI: 10.5755/j01.ee.25.1.5083
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Quantitative Model of Tacit Knowledge Estimation for Pharmaceutical Industry

Abstract: It is generally agreed that successful firms need to utilize all of their assets properly in order to gain a competitive advantage. However, little attention has been paid in business to proper utilization of tacit knowledge, a subset of intangible assets, because no specialized attempt has been made to quantify it. Once a value has been assigned to an asset, it is more easily utilized in the proper way. This paper analyzes the use of tacit knowledge in pharmaceutical industry, presents a graphical model of ta… Show more

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Cited by 3 publications
(3 citation statements)
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References 29 publications
(26 reference statements)
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“…The efficient KM has become a competitive advantage (King & Zeithaml, 2001;Zhuge, 2002;Halawi et al, 2008;Massa & Testa, 2009;Heng & Chua, 2010;etc.). In this line, several authors agree that knowledge and its efficient management appear to improve organizational performance and thus the competitiveness of organizations (Leonard-Barton, 1995;Grant, 1996;Prusak, 1996;Sedziuviene & Vveinhardt, 2009, 2010Chang & Chuang, 2011;Melnikas, 2011;Ramirez & Girdauskiene, 2013a, 2013bRodriguez, 2013Rodriguez, , 2014Alves, 2014;Birasnav, 2014;Martin-Rojas et al, 2014;Thoene & Buszko, 2014;Zieba & Zieba, 2014). In general, the benefits of KM seem to have an impact on greater productivity and efficiency, reduction of costs and increase in revenues.…”
Section: Introductionmentioning
confidence: 99%
“…The efficient KM has become a competitive advantage (King & Zeithaml, 2001;Zhuge, 2002;Halawi et al, 2008;Massa & Testa, 2009;Heng & Chua, 2010;etc.). In this line, several authors agree that knowledge and its efficient management appear to improve organizational performance and thus the competitiveness of organizations (Leonard-Barton, 1995;Grant, 1996;Prusak, 1996;Sedziuviene & Vveinhardt, 2009, 2010Chang & Chuang, 2011;Melnikas, 2011;Ramirez & Girdauskiene, 2013a, 2013bRodriguez, 2013Rodriguez, , 2014Alves, 2014;Birasnav, 2014;Martin-Rojas et al, 2014;Thoene & Buszko, 2014;Zieba & Zieba, 2014). In general, the benefits of KM seem to have an impact on greater productivity and efficiency, reduction of costs and increase in revenues.…”
Section: Introductionmentioning
confidence: 99%
“…They are close to what is called covert or implicit skills, or meta skills [32][33][34][35]. For example, the model of efficiency combines financial results, capital, and tacit knowledge [36][37][38].…”
mentioning
confidence: 84%
“…The novel practical element of this research builds on the contributions of researchers in the field who applied the ROI methodology for the first time in Romania (Blaga, 2014) as a tool to evaluate performance improvement on the job in relation to e-learning training programs (Silvestru, Colibaba & Silvestru, 2007). The pharmaceutical industry was selected (Thoene & Buszko, 2014) as the research area of focus because of the high number of training programs required in this industry as compared to others.…”
Section: Introductionmentioning
confidence: 99%