The impact of knowledge on innovation management

The impact of knowledge on innovation management

Knowledge management is crucial to the success of an organization in today's constantly changing environment. It is the creation, exchange, and application of new ideas into products and services, leading to innovation. There are four types of knowledge - explicit, tacit, market, and technological - that are essential to innovation management. Explicit knowledge is easily accessible and transferable, while tacit knowledge is personal and hard to articulate. Market knowledge provides valuable customer feedback, and technological knowledge is difficult to copy. Proper knowledge management that is linked and interconnected to innovation management contributes to an organization's innovation capabilities and long-term success.

View

More Innovation Resources:

Build Economic Resilience by Being an Adaptable Organization

To survive economic uncertainty, companies need to embrace agility and flexibility. PMOs can play a role by driving value and becoming strategic partners. Here are 5 tips for becoming an adaptable organization.

View

8 Social Media Formulas for Narcissistic Tweets and Facebook Updates

This article provides eight narcissistic social media formulas to increase one's insufferability factor on social media platforms.

View
Creating Cool Product Names for a New Product Idea - 8 Creative Thinking Questions

Creating Cool Product Names for a New Product Idea - 8 Creative Thinking Questions

Learn how to create cool and creative names for new products using these eight creative thinking questions.

View