Facing a knowledge economy and knowledge-based competition, many kinds of new management theories and techniques are adopted by construction enterprises to win the competition. Construction enterprises are coming to regard knowledge-based intangible asset, and they are also increasingly realizing that they must effectively and efficiently manage and cultivate their knowledge and competencies to maintain sustainable competitive advantage. Construction enterprises are much more likely to capture knowledge benefits if they have an organizational knowledge management strategy. However, there is scarcity on knowledge strategy with knowledge management in academic and practical domain. Therefore, based on some theories such as technological innovation, strategic management, organizational learning and knowledge management, the framework of knowledge strategy are put forward and analyzed in this paper, several important knowledge management practices are discussed. The framework of knowledge strategy is an effective model for construction enterprises research and management, which lays a theoretical foundation for upgrading the level of management. So, it is theoretically and practically significant to survey an effective road of construction enterprises management.
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