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QUESTION: In the knowledge and globalized age, where information and knowledge is not anyones monopoly, businesses have to compete for every dollar and keep innovating

QUESTION: In the knowledge and globalized age, where information and knowledge isnot anyones monopoly, businesses have to compete for every dollar and keep innovating at a rapid pace as whatever product or services they provide can be easily replicated. We have witnessed great numbers of businesses being disrupted by new-commers in almost every sector. Furthermore, today, competition is also cross sectors (eg: Google for autonomous driving). Therefore, how can businesses survive and thrive in this competition for innovation in a world where everything can be copied? How does knowledge management help in this (innovative) process?

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