Role of Knowledge in Management of Innovation

We know more than we can tell.-M. Polanyi, 1966 Abstract: Almost from three decades, knowledge management (KM) has been examined by numerous researcher and considered a most important factor in business performance. The purpose of this study was to assess the effect of knowledge management on innovation. It was a review based study and on the basic of literature conclusions have been drown. For literature review, researchers have taken research paper from renowned journals such as EMERALD, ELSEVIER, JSTOR, IEEE, and WILEY publication etc. The finding shows that KM has a significant and consequent influence on innovation. This study contributes mainly to the expansion of the literature on knowledge management and its relationship with innovation. We find out that besides technology and capital, knowledge management is the core component of innovation. Knowledge and creativity are now the major driving forces to achieve competitive edge, crucial to competing in today's economy. Knowledge management activities are adding value to organizations by promoting Innovation. In the fast changing economy of today, innovation has become the foundation of development. The nature of overall organization development has been changed by the speed of innovation, which can be possible by rapidly developing technology, shorter product life cycles and a higher rate of new product development. Innovation is extremely dependent on the availability and best management of knowledge.

THE INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE AND BUSINESS ADMINISTRATION

This study critically reviews the literature that demonstrates the relevance of knowledge management process and business intelligence, as well as the challenges arising when it comes to organising for innovation in today’s business organisations. Hence, the to attain desired innovation it is important to integrate business intelligence (BI) and knowledge management (KM) for the diffusion of innovation. Hence, importance of integrating business intelligence (BI) and knowledge management (KM) for the diffusion of innovation. Organisations’ innovation dynamics and knowledge processes that lead competitive advantage of organisations are examined. Literature points that many organisations rely on individual employees’ knowledge and skills. As a result, information systems that enable knowledge management (KM) as a critical tool for gaining a competitive advantage (Campbell, 2012). The seminal argument in this study is that knowledge diffusion and knowledge externalities are the main dri...

Center for Business Innovationism, 1997

Companies in today's globalised world must innovate to compete. Many successful companies have found that knowledge management strategies and practices are central to ongoing innovation (Boutellier et al., 1999; David & Foray, 2001; ADLittle, 2001; Tidd et al., 1997. This paper brings together research regarding knowledge management processes and practices that are found in R&D organisations and in other innovative firms. The paper contends that such practices could be employed across a range of firms to enable and enhance the potential for innovation within firms in multiple sectors.

Effective Knowledge Management Systems in Modern Society, 2019

This qualitative research examined the relationship between knowledge management (KM) and systematic innovation capability in 16 Australian manufacturing and service organizations that exhibited both successful innovation and robust KM practices. A review of the literature indicated a number of areas where KM enhances and supports innovation capability. Using a multiple crosscase analysis methodology and applying a framework of systematic innovation capability, in-depth interviews were conducted with managers of the case study organizations. The analysis of the data revealed the main contributions of KM to systematic and sustained forms of innovation. Finally, a model of knowledge and innovation capability was developed to guide the development of knowledge and innovation management as a dynamic capability to support value capture, value creation, and value delivery from innovation.

This paper describes a technique for identifying knowledge gaps in innovative firms. Gaps occur between existing knowledge and knowledge requirements and particularly occur when a firm is trying to introduce new processes or products. The authors were involved in a knowledge management project in a UK telecoms company and report on a framework that they developed that assists in examining the dimensions of knowledge gaps so that they may be bridged. This technique also allows the firm to measure the vulnerability of its knowledge bases. k c

Mousaion, 2017

This article questions whether knowledge resources can act as critical enablers for successful innovation in an enterprise in the South African information communications technology (ICT) industry, and discusses the role of knowledge resources in enhancing innovation. The research reported on indicated that there is little empirical evidence that knowledge resources are used to enhance innovation in the enterprise. A case study was conducted in an engineering enterprise functioning in the high-end market of the ICT industry. Data was gathered through in-depth interviews with managers and documents were reviewed for an in-depth understanding of the enterprise. The enterprise has defined its software development processes as agile processes and has placed a very high premium on learning and knowledge transfer within these processes. The Development Engineering Division relies on small teams for knowledge resource sharing. The Sales and Marketing Division collects information to transfer into knowledge resources. The Research and Technology Design Division identifies solutions that are ahead of the market and employees share knowledge on lessons learnt from practice. The Business Services Division ensures that structures and practices are in place to support and encourage innovation. The Internal Support Services Division provides operational support and knowledge resources harnessed through these processes may enhance innovation of the product offering. A knowledge creation (KC) model was developed by combining several models and theories to analyse the use of knowledge resources for knowledge creation in the enterprise. It is recommended that knowledge Ippel and Du Toit Knowledge Management Framework to Enhance Innovation management be aligned with the enterprise's business strategy to enhance innovation.

Procedia - Social and Behavioral Sciences, 2018

Knowledge management started to be perceived as a scientific discipline relatively recently. Since its beginnings in the 1990s, the interest for this research field has been constantly growing especially in the past two decades. However, it seems that the peak of interest has already passed. In this paper, we provided the review of the most important research documents that are related with this topic, all collected from the Web of Science. The most important scholars and journals in the field are identified via documents and citations among them. In addition, the purpose of this paper is also to analyse the existing linkage between knowledge management and innovation. For this purpose, a network of keywords was constructed with keywords performing as actors in the network and the co-occurrence as a relation. The network obtained of keywords is undirected and weighted by the number of documents in which adjacent keywords which co-occurred on the topic of knowledge management. The content analysis with traditional network analytic techniques was used. In other fields, similar methods were already applied; however, this is the first attempt to construct this kind of research in knowledge management related to the topic of innovation. The results revealed significant linkage between knowledge management and innovation in the documents which were analyzed. We believe that the network analytic procedures used in this paper provide an excellent tool to study such a relevant phenomenon.

International Journal of Electrical, Electronics and Computers, 2021

Companies rely on human effort or human intelligent as the main factor to develop and innovate their product or services under their commandments by providing them different means from security equipment and technology. This research aimed to exhibit the role and effectiveness of knowledge in the performance of knowledge management in innovating industries, and the prescriptive views through the revolution of renew and develop industry. The primary purpose for applied this research is discover the importance's of knowledge management in improving and the innovating in the industry to increase the productivity, services and advancement of knowledge management. Also, the research aimed to find out the managers opinion in many companies in such type of administrations, by interviewing some of them in many companies, overview the activities that undertaken by respondents towards developing Knowledge Management program, it was evident that organizations had failed to comprehend the cultural implications of KM. As results of respondent's analysis, the most respondents do not have a fully integrated KM program, so the indicator proven that, In Kurdistan, most organizations have insufficiency of knowledge management, shortage of experience, and suffering from many problems, which appeared in formal measuring constructs for the measurement of the benefits of knowledge assets to organizational performance. As well as the research aimed to analyze the importance of knowledge management in building the process of knowledge system in firms, and the satisfaction of customers need to increase the productivity of organizational though the commitment of innovative. Therefore, Companies that dedicate time and resources to protecting their intellectual property assets can increase their competitive edge. Reversing the poor organization of knowledge resources is a more important cause of the perceived lack of easy access than any failure in communications or lack of staff IT skills or incentives.

International Journal of Management Reviews, 2001

Knowledge management (KM) is relatively new, but still a very hot topic in management research and practice. Leading companies are reshaping their organizations in order to increase their ability in managing knowledge sharing and transfer within and across their organizational boundaries. KM is today considered by many scholars the next arena for global competition. Product innovation (PI), in particular, is one of the most promising areas, where KM is today applied and studied. Management literature has underlined how knowledge becomes the only source of sustainable competitive advantage in turbulent contexts, and the cognitive perspective represents the most adequate approach to analysing and understanding PI as a continuous learning process rather than as a sporadic event. Since the early 1990s, many contributions emerged from different fields, but after nearly one decade, KM is not yet a unitary stream of literature but reflects very diverse roots. In this paper, the different streams and approaches emerging in literature on KM in PI are reviewed and described, aiming at providing researchers with an interpretative tool and some directions for further research.