Absorption of management knowledge in Romanian small and medium-sized enterprises

Abstract

One aim of this paper is to prove that the absorption of management knowledge in Romanian small and medium-sized enterprises (SMEs) has many gaps. Another aim is to find the main causes of this. Paper begins with a short bibliographical study about the most important weakness of the Romanian SMEs: the low availability of skilled staff or experienced managers. In order to discover which phase of knowledge management in these firms is the most problematic, we have made an exploratory research based on the use of Fishbein-Rosenberg model for measuring managers' opinions on this subject. The results have proved that the management knowledge absorption is done to a small extent in Romanian SMEs. In order to find the main causes of the poor management knowledge absorption, we have next developed a research based on questionnaires. We have discovered that the studied problem has its roots both in the business environment and in the academic environment.