What is the function of knowledge management?

1. Knowledge management is the extension and development of information resources.

If information management can turn data into information and make information serve the goals set by organizations, then knowledge management can turn information into knowledge and use knowledge to improve the adaptability and innovation ability of specific organizations. Information management has experienced literature management, computer management, information resource management and competitive intelligence management, and then evolved into knowledge management. Knowledge management is a new stage of information management development, which is different from the previous stages of information management. It requires linking information with information, information with activities and information with people. In the interactive process of interpersonal communication, through the enjoyment of information and knowledge, we can make use of the wisdom of the group to innovate and win the competitive advantage.

2. The role of knowledge management is to cultivate collective creativity.

Among the factors of production such as land, labor, capital and knowledge, knowledge is different from other factors. Knowledge can penetrate into the objects of labor, labor tools, labor, science and technology, education and other elements, and its role will be strengthened more and more. In addition, knowledge is becoming more and more important as an intangible asset, and some intellectual capital such as reputation, goodwill, trademarks, patents and employees' experience and skills need to be evaluated and managed. The future rise and fall of a country will depend on its success in developing "brain-based" industries. Knowledge management is the characteristic of learning organization, which cultivates and improves the individual and collective creativity within the organization through the development and construction of enterprise knowledge network.

3. The goal of knowledge management is to promote innovation

Innovation is an effective combination of technical behavior and economic behavior, which is manifested in technical improvement and economic benefits. Innovation mainly includes technological innovation, management innovation and institutional innovation, in which institutional innovation is the premise, technological innovation is the driving force and management innovation is the guarantee. The function of knowledge management is to promote the connection between enterprises, between enterprises, between enterprises and customers, between enterprises and research institutions, strengthen knowledge networking and speed up knowledge circulation, with the aim of promoting innovation. Knowledge management permeates new knowledge into enterprises through training, increases the knowledge flow within enterprises and creates a good environment conducive to innovation.