The commercialisation of knowledge management practices to k-based development in Malaysia

This paper studies the connection between the commercialisation
of knowledge management practices and its contributions toward
the knowledge-based development in Malaysia. Theoretical
relations in this paper were tested through an empirical study
carried out among public-listed organisations in the industrial
products, consumer products, and service industries in Malaysia.
The fi ndings of this paper revealed that it is important for
corporations to focus on knowledge management in the
development of the organisation’s corporate strategy. Empirical
evidence supported the view that fi rms with knowledge
management capabilities and understanding will utilise these
capabilities to drive their quality strategy, thus performing better
than those that do not. In addition, the fi nding serves as an initial
move among private sector business toward a knowledge-based
country. This paper concludes that these practices have a positive
incidence not only on the performance of the fi rm but it also gives
some initial contributions toward the development of Malaysia as
a knowledge-based country.