In the modern global economy, the increasingly rapid flow of information, and the growing recognition of the
significance of intellectual capital, knowledge is increasingly claimed to be a critical resource of competitive
advantage for organizations. Thus, the idea of knowledge management (KM) has enjoyed widespread popularity in
today’s studies. Moreover, the rise of the knowledge economy has seen the proliferation of information and
communication technologies, coupled with greater organizational complexity, the growth of virtual and global
organizations and rapid change. This, in turn, requires drastic change within human resource management (HRM) to
respond to the changing demands of the knowledge economy (Chivu & Popescu, 2008).