The role of knowledge management in innovation

This article was written in 2007 by Marina du Plessis. The author intends to clarify the role of knowledge management in innovation to help address this complexity and to clarify the role of knowledge management in innovation to help address this complexity. This is a document of literary research and personal experience, and a view based on the author 's explanation. She uses simple sentences even at the first timer leader. Also, placement of content is an empirical thesis that can attract readers to read articles.

I currently discuss my advice on Shanxi University with further advice on knowledge management and innovation issues in the second semester. This field is becoming increasingly important for knowledge management as innovation, especially the role of knowledge in the new open innovation paradigm, is becoming a focus of business (for example, see Adi Gaskell for open innovation). Abundant article and future book "Open Innovation and Knowledge Management for Small and Medium Enterprises"

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. "

Intellectual capital is known for creating innovation and competitive advantage in the knowledge base era. However, knowledge management plays a leading role in the acquisition, development and maintenance of intellectual capital within the organization. In other words, by successfully implementing and using knowledge management, acquisition and growth of intellectual capital is guaranteed. Organizations need to deploy and manage IC resources to maximize value creation. Originally introduced by Galbraith (1969), IC jargon is a form of intellectual, intellectual and intellectual activity that uses knowledge to create value. Since then, various IC views have emerged. For example, think of IC as knowledge that can be converted into value. IC as a collection of all knowledge and abilities of employees. This allows the organization to gain a competitive advantage.