"Knowledge is a strategic resource for any organization and its deployment is critical in achieving a sustainable competitive advantage. Knowledge strategies were born at the intersection of strategic thinking and knowledge management. Strategic thinking is a mental process of understanding the future and, based on that understanding, of searching for practical ways to achieve a competitive advantage in the market. Strategic thinking is operating in the opportunity space of the organization. This Element explains the strategizing process and presents the knowledge strategies which result from that complex mental process. Organizations can design deliberate and emergent knowledge strategies, which can be integrated into the corporate vision and its strategies"--