ABSTRACT
Knowledge constitutes a wide and complex matter which has provided a definition for the epistemological dispute in the philosophy of the West since the times of the classical Greek era. Nonetheless, in the recent years, great interest has occurred in approaching knowledge as an important organizational resource. The increased interest in organizational knowledge and knowledge management originates from the conversion into the area of knowledge economy, in which it is perceived as the primary source of the creation of value and sustainable competitive advantage. Knowledge Management (KM) constitutes an integral part of the business world in contemporary times. This can be seen at a time of analyzing the modern literature of business, management, technology as well as organization. This worker views and interprets KM literature in enterprises. The main aim of the research is to summarize literature on the subject of Knowledge Management (KM) and to get the sense of the primary concepts/common terms, conventional definitions in the area of knowledge and Knowledge Management (KM).This work constitutes a profound overview on the process of the management of organizational knowledge with great focus put on the possible part of IT in the different phases of the process of knowledge management. The author chose this subject as not much research has been carried out to analyze this side of KM.
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