Topic > The role of knowledge management in innovation

This article was written by Marina du Plessis in 2007. The author intends to clarify the role of knowledge management in innovation as an aid to address this complexity and clarify the role of knowledge management of innovation as a help to address this complexity. This is a point of view article based on literature research, personal experiences and interpretation of the author. Use simple sentences that are easy to understand even for first-time readers. Furthermore, the layout of the content is such an empirical article that can entice readers to read the article. Like the other empirical article, this study also provides an abstract that summarizes the entire content of this research article. According to the author, Plessis (2007), the complexity of innovation has increased with the growth of the amount of knowledge available to organizations as a basis for innovation. This statement is agreed by other researchers, Adams and Lamont (2003); Cardinale et al., (2001); Darroch and McNaughton (2002); Pyka (2002) and Shani et al., (2003) state that innovation is actually dependent on the availability of knowledge and therefore the complexity created by the explosion of richness and scope of knowledge must be identified and managed to ensure innovation of success. Besides that, in a previous study conducted by Ruggles, R. & Little R. (1997), they also have a positive opinion on knowledge management and innovation when they state that innovation as one of the ends for which it can be applied knowledge management. Furthermore, innovation has been proven to be a key value creator for organizations, both in times of cost reduction and in times of growth. As such, it stands out as an excellent focus… at the heart of the paper… team or learning-by-doing capability, leading to new product and process innovations. Beyond that, explicit knowledge is also an important component of innovation. Rodan (2002) in his case study states that if the confluence of tacit and explicit knowledge elements that create a new idea is considered probabilistic, increasing the opportunities for said confluence of knowledge elements should increase the frequency of new combinations occurring , therefore positively impacting innovation. In conclusion, it is clear that knowledge management plays an essential and vital role in innovation. Therefore, it is crucial for both knowledge management and innovation professionals to understand the systematic relationship between these concepts and the value they can generate with respect to creating and maintaining a sustainable competitive advantage for the organization..