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The role of knowledge management in innovation

Marina du Plessis (Lyttelton, South Africa.)

Journal of Knowledge Management

ISSN: 1367-3270

Article publication date: 24 July 2007

33361

Abstract

Purpose

This article seeks to clarify the role of knowledge management in innovation as an aid to addressing this complexity. The article seeks to identify the drivers for application of knowledge management in innovation. It also details the nature of the role of knowledge management in innovation as well as its value proposition.

Design/methodology/approach

The methodology used was literature research and some personal experiences and interpretations.

Findings

In the fast changing business world of today, innovation has become the mainstay of organizations. The nature of global economic growth has been changed by the speed of innovation, which has been made possible by rapidly evolving technology, shorter product lifecycles and a higher rate of new product development. The complexity of innovation has been increased by growth in the amount of knowledge available to organizations.

Originality/value

Innovation is extremely dependent on the availability of knowledge and therefore the complexity created by the explosion of richness and reach of knowledge has to be recognized and managed to ensure successful innovation.

Keywords

Citation

du Plessis, M. (2007), "The role of knowledge management in innovation", Journal of Knowledge Management, Vol. 11 No. 4, pp. 20-29. https://doi.org/10.1108/13673270710762684

Publisher

:

Emerald Group Publishing Limited

Copyright © 2007, Emerald Group Publishing Limited

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