OPEN LETTER TO ROMANIAN ACADEMIC SOCIETY OF MANAGEMENT

In the context of a sustainable economy, knowledge has gained more and more ground, becoming an invaluable resource, the competence to generate and apply new knowledge giving the company a source of competitive advantage. Thus, the understanding and managing of knowledge dynamics become vital for the company. The main purpose of this article is to critically analyze the state-of-the-art in the field of knowledge creation, and to present the main characteristics of the most significant models designed to reflect organizational knowledge creation processes. The paper presents the impressive work done by Nonaka and his co-workers and the complementary contributions brought by the Spanish team coordinated by Gregorio Martin de Castro.