A Study On Knowledge Based Business Strategy Substantiation

Entering into the 21^st century comes the era of "Knowledge Economy", enterprise competency advantage isn't base merely on land, labor and capital, which can be seen, moreover it requires formless assets such as wisdom, creativity and special know-how's.Now how can enterprises through "Knowledge Capital" by the evolutional wave generated from its kernel resource, establish its own competitive advantage? Furthermore by acknowledging the product value, convert "Knowledge Capital" into value with form. As knowledge and creativity proves to be the key and power when building a business empire, thus enterprises should consider its business strategies based initially on establishing "Knowledge" as fundamental competitiveness.The purpose of business strategy is in gaining victory, and also a vital principle when it comes to business survival and possible future growth, thus being extra cautious in market analysis is a prerequisite to meet possible changes and business adjustments.The new age of knowledge economy has become an environmental trend, enterprises must fully utilize knowledge capital on previous business strategies from initial "Knowledge Centered" know how's.This very research is based on relative papers and theories from practical examples and industries, plus applicable strategies which we can be of use in enterprises under knowledge economy.This research known as "Strategy matrix model" is based on knowledge, design and analysis of a business strategy, through this...