This paper describes, first of all, the definition and characteristics of knowledge management as well as how knowledge is understood in the organizational setting. All problems when trying to understand this concept come from the fact that, in general, its definition is vague and the area it covers is not definite. As a result, it is difficult to depict a concrete image in the daily activities of the organization. Nevertheless, it will be valuable to consider how the concept could be introduced to organizational activities since it has a close relation to information management and other related activities that have been carried out in special libraries. Subsequently, this paper shows that knowledge management will change the tasks, augment their variety and level, widen service points, and enlarge the area of intellectual resources that libraries will acquire and maintain. Finally, it is pointed out that the new wave will require librarians to be equipped with wider, more profound subject knowledge, skills, and vision.
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