Abstract
The role of knowledge management (KM) as a strategic intervention in higher education (HE) in developing countries has not been widely studied. HE plays a central role in national economies by generating knowledge and disseminating it to stakeholders. This chapter describes the role and impact of KM in the decision-making and formulation of strategies of leading universities. It confirms that KM and knowledge economy (KE) add value and competitiveness to institutions. KM practices are needed in the field of academic research. In addition to a university's functions, they support regeneration and participate in international relations and strengthen social cohesion. HEIs are crucial in inspiring economic and social policies. Universities, in general, have conducted critical studies of the current links between KC, KE, and HE, including empirical analyses of its functions. Educational programmes have succeeded in adhering to the continuous innovation and autonomy of HEIs.