This paper has reviewed existing empirical papers on knowledge management in SMEs. In a
knowledge-driven economy the effective management of information is one of the main
challenges faced by SMEs. Yet, often founders or managers of SMEs are captured by
day-to-day business operations (Hofer and Charan, 1984) and thus prevented from actually
tackling this challenge. Prior research in the field of knowledge management has tended to
emphasise large firms. Assuming that SMEs are the drivers of most nations all over the
world, this situation is unsatisfactory