The proverb ¡§Knowledge is power¡¨ points out the importance of knowledge. The advancement of information technology and increased competition among enterprises has pushed many researchers to study knowledge management. Most organizations understand the importance of knowledge and treat knowledge as a vital resource. However, it is not quite clear whether knowledge resource can increase organizational performance in the constantly changing environment. Although literature has indicated the key role of knowledge resources and their impact on organizational performance, empirical study is still lacking in this research domain. Hence, the purpose of this study is to investigate the relationship between knowledge resources and organizational performance. An empirical study was conducted to evaluate the research model. Major findings include: (1) The degree of knowledge documentation has significant positive effect on the market performance of an organization; (2) Organizational culture and the degree of information technology applications have significant positive effects on both management performance and market performance. Organizational structure has significant positive effects on management performance, but the explicit-orientation of knowledge management strategy has negative effects on both management performance and market performance; (3) The nature of organizational knowledge has a moderating effect on the effect of the degree of information technology applications on management performance. Our findings can help managers and chief knowledge officers better the nature of organizational knowledge and organizational performance in order to cope with the dynamic environment.

<p>Macro Trends in Chinese Human Resources</p><p>As we move into a more advanced globalized economy we have developed from an</p><p>agriculture society to a service society. As with every other part of human development</p><p>we have continued down the path of innovation and change to what some today call the</p><p>“creative society”. It might be to early to say that we are entering a new age but it is clear</p><p>that changes happen faster and with greater impact across the globe and that is creating a</p><p>society that is different from before.</p><p>A society where the talented, educated, creative, are the catalyst of economic</p><p>development in a modern economy. But the rise of this creative class and the process of</p><p>globalization also offer problems. When people elevate themselves and those around</p><p>them to new heights through major change the people who are unable to transit into such</p><p>a world run the risk of being left behind. It is the paradox of Globalization; it brings</p><p>riches to the people who can adapt to it while the others are often left to tend for</p><p>themselves.</p><p>This thesis is about those effects on the world’s most populous nation, China. And when</p><p>it comes to these, the Human Resources, the most productive elements of a modern</p><p>- 5 -</p><p>society, China is far behind. The Chinese race toward becoming a major global power is</p><p>as much about catching up to the rest of the world economically a socially and politically.</p><p>As China masses its economical muscles to change other problems evolve and the speed</p><p>of the change lead to even more complicated social problems that might come back to</p><p>haunt the country’s development path.</p><p>China is trying to do what it took the major developed nations of the world a larger part</p><p>of the last 300 years to do in one generation. Pushed by the need for reform the</p><p>communist party is juggling politics, economy, and education of their people in more and</p><p>more complicated ways and further and further away from each other. The story</p><p>however, starts on a train ride between Washington DC and New York.</p>

Macro Trends in Chinese Human Resources As we move into a more advanced globalized economy we have developed from an agriculture society to a service society. As with every other part of human development we have continued down the path of innovation and change to what some today call the “creative society”. It might be to early to say that we are entering a new age but it is clear that changes happen faster and with greater impact across the globe and that is creating a society that is different from before. A society where the talented, educated, creative, are the catalyst of economic development in a modern economy. But the rise of this creative class and the process of globalization also offer problems. When people elevate themselves and those around them to new heights through major change the people who are unable to transit into such a world run the risk of being left behind. It is the paradox of Globalization; it brings riches to the people who can adapt to it while the others are often left to tend for themselves. This thesis is about those effects on the world’s most populous nation, China. And when it comes to these, the Human Resources, the most productive elements of a modern - 5 - society, China is far behind. The Chinese race toward becoming a major global power is as much about catching up to the rest of the world economically a socially and politically. As China masses its economical muscles to change other problems evolve and the speed of the change lead to even more complicated social problems that might come back to haunt the country’s development path. China is trying to do what it took the major developed nations of the world a larger part of the last 300 years to do in one generation. Pushed by the need for reform the communist party is juggling politics, economy, and education of their people in more and more complicated ways and further and further away from each other. The story however, starts on a train ride between Washington DC and New York.