The Impact of Government Initiatives on Knowledge Management Processes : An Empirical Analysis

Unprecedented global competition has made the manufacturers recognize the significance of innovating in products faster and commercializing them even faster as it is the only way for sustainable growth. Vast amounts of knowledge needed for innovation are spread across various sources, structured and unstructured, and the ability to acquire such knowledge becomes crucial. It is imperative for the companies, small or large, to understand that knowledge does not reside within the four walls of the company. Effective mechanisms are needed to acquire and share knowledge in this complex web of business world. Governments across the globe formulate policies aiming to encourage firms to equip themselves for long-term sustainability and competitiveness in the knowledge era. The Government of India conducts training and skill development programs through the Ministry of Micro, Small and Medium Enterprises and also through other partnering organizations. Not much literature is available in assessing the role of government from a knowledge management perspective. Hence, this study aims to analyze the various government initiatives and the extent of their usage by the firms from such a perspective