Second, the research framework in this study sheds light on why firms should focus on
the use of knowledge management strategy to enhance their strategic performance and
long term corporate growth. Managers of high technology firms may want to consider
various knowledge management strategies to survive the turbulent environment. The
results suggest that managers may want to place emphasis on knowledge sharing through
allocation of substantial financial resources, develop a large variety of repositories which
is easily accessible to all employees, increase the rate of updating repositories due to
employees’ contribution, and increase the firms’ overall commitment to sharing and
innovation. This observation indicates that the use of knowledge management strategy is
of paramount important in enhancing a firm’s strategic performance and long term
corporate growth. These findings should be useful to managers of high technology firms.