The spread of knowledge is a significant consequence of the process of globalization. Knowledge is used to tackle very diverse issues such as development challenges in emerging markets or the perplexity of corporate decision-makers in the business world. The creation and proper governance of actionable knowledge and intellectual capital have become key preconditions for sustained societal and corporate competitiveness in an era of rapid globalization, presenting new opportunities and challenges for policy makers, business leaders, managers and employees in both public and private sector organisaions. This helpful book analyzes both the theoretical and practical aspects of effective knowledge governance and knowledge management in the context of an increasingly competitive, globalized marketplace. Several case studies of Asian countries and organizations and presented, aimed at analyzing factors impacting the governance of knowledge and exemplifying practices that policy makers and business leaders adopted to manage knowledge resources and knowledge processes to their fullest potential.