Abstract:
Knowledge is universally considered to be a public good and something that should be developed and supported. The information explosion and enabling technologies (such as the Internet and cellular technologies) of the past decade has firmly established the Age of Knowledge. Knowledge has normative value that extends far beyond a single discipline and the Age of Knowledge has resulted in a paradigm shift with regard to the way in which knowledge is generated, applied and stored. As the custodians of knowledge, universities should pay particular attention to the management of knowledge as they take the lead not only in generating new knowledge, but also in converting new and existing knowledge into innovative ideas, products and practices that benefit society at large. Knowledge should, for this reason, be strategically managed to be of value to universities. It is thus imperative that universities should ascertain the nature and extent of their knowledge resources and pay special attention to their Knowledge Management practices that include the way in which knowledge is acquired, disseminated and rewarded. Universities of Technology (UoTs), with their distinct emphasis on applied research, innovation and knowledge transfer, need to manage knowledge in such a way that it enhances the creation of solution-based technologies. This paper provides a theoretical basis for understanding Knowledge Management in a UoT context and reflects on the Knowledge Management practices of a UoT in the South African context.