The most important characteristic feature of contemporary organizations is their emphasis on management of knowledge and information as a means to improve efficiency. Due to the dynamic nature and interconnectedness of economics, different aspects of development have become critical for all the countries. Meanwhile, entrepreneurship is a multidirectional process that is required for both economic development and evolution through innovation and improvement. This paper aims to examine the driving factors of Knowledge Management (KM) and corporate entrepreneurship. Two questionnaires were used to collected the data on KM and entrepreneurship from a sample of 44 professors and managers of public and private firms. The data was analyzed using one-sample t-test in SPSS software. The results showed that firms employ information technology for transferring knowledge, and that respect for labor law increases efficiency.

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