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Knowledge management as a tool of enterprise innovation support

The article points out that the peculiarity of an enterprise conforming to the new economic conditions, is recognizing knowledge as a basic tool for creating competitive advantages, adoption and implementation of initiatives aimed at managing knowledge. The difference between the concepts of «knowledge» and «information» are specified. One of the features that distinguish knowledge from information is that knowledge depends on context and subjective conditions of its use; it is closely linked with the person while information may exist independently.