Knowledge management (KM) is the process of capturing the value from the knowledge assets and intellectual capital of the organization. Knowledge and effective knowledge management could be a source of competitive advantage. However, due to intangible nature of knowledge resources managers and academics struggle to evaluate the effectiveness of KM systems in organizations. The main objective of this paper is to understand and describe the specific factors that influence on the level of KM

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... pment in Russian companies. Kruskal-Wallis criteria showed no statistical differences among the groups based on size (p = 0,58), age (p = 0,94), and geographical location (p = 0,58). Based on preliminary analysis and in-depth interviews several hypotheses on knowledge management realization practices were formulated. The results of hypotheses testing are presented in table 3.