THE DIMENSION OF KNOWLEDGE-BASED LEADERSHIP AND ITS IMPACT ON ENTERPRISE PERFORMANCE IN CHINA'S SCIENCE AND TECHNOLOGY-BASED SMALL AND MEDIUM-SIZED ENTERPRISES

Since the 1980s, the mutual penetration and role of knowledge and economy have become stronger and stronger, which has caused a fundamental change in the global economy. On the one hand, knowledge factors have a higher degree of participation in economic activities; In the economic activities aimed at improving competitiveness, the knowledge orientation is continuously enhanced, and the knowledge content of products and services is continuously increasing.Today, economic growth is more dependent on the production, diffusion and application of knowledge than ever before new Economic form the knowledge economy, with its vigorous vitality, indicates that the 21st century will be the era of knowledge economy.The famous management guru Peter Drucker puts: "What is knowledge? Knowledge is our primary wealth." Knowledge and wealth will be unanimously unified, and the richer knowledge will be the richest person in material wealth. According to estimates by the American Association of Future Studies, in 2010, the wealthiest people will be knowledge tycoons, 60% to 70% of the most profitable jobs will be held for them.In modern society, knowledge products have become the fashion of society, and knowledge has truly become synonymous with wealth. The investment in intangible assets is much faster than the investment in tangible assets.At present, many intangible assets of high-tech companies in the United States have exceeded 60% of total assets. People with knowledge get higher paying jobs, and companies with most independent intellectual property rights are the best in the market.

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Author
CHEN YUPING, LAW KIAN AUN.