Meaning ● The Knowledge-Based View (KBV), within the landscape of Small and Medium-sized Businesses (SMBs), offers a strategic lens that emphasizes internal knowledge resources as critical drivers of sustainable competitive advantage. Effective automation and strategic implementation leverage these core competencies, creating a dynamic ecosystem where organizational knowledge fuels innovation and operational efficiency. A robust understanding of KBV allows SMBs to pinpoint and protect valuable knowledge assets, guiding investment decisions in technology and training. Moreover, KBV principles underline the importance of cultivating a learning environment that encourages knowledge sharing and application, ensuring adaptive capabilities in rapidly evolving markets. Aligning business processes with knowledge strategies can greatly enhance a small to mid-sized business’s responsiveness to change and improve decision-making cycles. Therefore, focusing on knowledge management can set the stage for optimized workflows and effective technology adoption, ultimately driving growth within resource constraints common to smaller entities.
