Abstract:

Knowledge has become very important in gaining and sustaining competitive advantage. In the knowledge-based economy, an organization’s intellectual capital represents the only sustainable source of competitive advantage. Thus, the ability to manage knowledge is the key factor for success of organizations. The objective of this article is to feature the concern about corporate culture and community of practice; key factors affecting the success of knowledge management in Thailand. It is important that organizations be aware of factors affecting the success of knowledge management. The factors vary in each country. If an organization realizes these factors and gives priority to them, the organization will accomplish development and bring about the success of knowledge management eventually.