The importance of information in Economic Intelligence and relationship with the Knowledge Management of Companies

Abstract

The aim of this study is to clarify the relationship between economic intelligence and knowledge management in institutions and how to help the decision maker to choose based on available information. The study concludes that economic intelligence is one of the most effective tools at present to improve the competitive environment of enterprises which is considered the strongest and most modern means of knowledge available at the disposal of institutions on one hand and countries on the other, as it is really a bet that cannot be ignored and dispensed with, in view of what it can achieve for institutions, especially in light of what the environment knows of volatility and conflict ,it is also different from economic espionage where it is done legally and by direct means. The economic intelligence and knowledge management has functions that support each other and Information is the primary material of each one through which priorities are prioritized and challenged, And the ability to optimize the exploitation of resources through the sides of defense and attack, As it is applied by many international companies that have demonstrated its benefits and importance for them in achieving huge returns