Knowledge Management & Innovation Theory

The introduction of knowledge management and the theory of innovation can be said that the world economy in the post industrial era is an information intensive atmosphere. Many scholars claim that competition, market differentiation and profitability in global and domestic markets are all affected by effective knowledge. Depending on the field of application there are many definitions that can be used to describe the term "knowledge". In this particular context, rather in the business environment, the term "knowledge" is used to refer to details, facts or conditions of information known and understood by Lee.

Innovation is a package of "use" of knowledge management. Knowledge management is the formation and acquisition of knowledge, experience and expertise to promote innovation. In GSK, this is an in-house open innovation relationship. Halawi et al. (2006), "Knowledge management strongly urges attention to informal networks and protocols, sharing experience and know-how, and promoting cultural and technical elements of creativity and innovation I will recommend it. "

Networks and Networks Network analysis is becoming increasingly important in innovation management, and companies are aware of the need to reach out to valuable sources of knowledge from outside. Because the process of capturing, absorbing and integrating knowledge is essential for managing innovation, analysis of collaboration networks becomes important for innovation management. Knowledge exchange in the network, joint research and development and its operation in product development will provide new research and application fields for knowledge management scholars and practitioners.

Knowledge protection, intellectual property People are aware that intellectual property management is an important theme of innovation management, knowledge is a major element of intellectual property. The literature on knowledge management is also increasingly interested in the relationship between companies and external entities. Exchange of knowledge and knowledge that has taken place has economic value, which raises protection issues as well. Networks and Networks Network analysis is becoming increasingly important in innovation management, and companies are aware of the need to reach out to valuable sources of knowledge from outside. Because the process of capturing, absorbing and integrating knowledge is essential for managing innovation, analysis of collaboration networks becomes important for innovation management.

Mr. Henry Chesbrough introduced the concept of "open" innovation, the creation of innovative management processes, and the openness and networking of all participants in the innovation market. Scientists define open innovation to accelerate internal innovation using targeted inputs and output knowledge flows and to expand external use of innovation. Clearly, science and technology has the same meaning as traditional industries in the post industrialization era for developed economies. Thus, in the United States, added value shares created by organizations specializing in science, technology and professional services have increased five-fold from the middle of the last century, and in the first decade of the century all value retailers Exceeded. Share