For a better understanding of the importance of knowledge management for enterprises, it is necessary to consider the theory of the firm. To accomplish their functions, the firms organize themselves in structures that aim at diminishing the costs of obtaining and exchanging information. This paper discusses the role of information technologies in facilitating information and knowledge exchange among firms, as they enlarge firms possibilities of cooperation and affect their limits, creating new opportunities to knowledge management.
Theory of the Firm; Knowledge Management; Firm Cooperation