- A-Z
- Jena Economic Resea...
- Volume 1
- Functional Chains o...
- Autor(in)
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Friedrich-Schiller-Universität Jena. Wirtschaftswissenschaftliche Fakultät
- Erschienen
- 5. November 2007
- Nummer des Discussion-Papers
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2007-080
- Schlagwort(e)
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absorptive capacity
innovation
Knowledge management
resource-based view
structural equation modelling
- Zusammenfsg.
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The aim of this paper is to investigate the role of Knowledge Management (KM) for the innovation success of firms. It is assumed that the functional chains of KM lead directly and indirectly to more innovative success via enhancing the recombination of internal and external knowledge assets. To analyse the embedding of KM in a firm’s internal system of innovation we establish a structural equation model. We capture KM as latent concept and trace different functional chains by which KM impacts. Using data on KM and innovation success of 351 German firms of the manufacturing sector and knowledge-intensive services located in Thuringia and Hesse, our findings confirm the (dynamic) capability function of KM, which leads via improving exploitation of internal and external innovation assets to more innovation success.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- article research fields JER
- evolutionary economics
- JEL-Classification for JER
- O32 - Management of Technological Innovation and R&D ; D21 - Firm Behavior ; C3 - Multiple or Simultaneous Equation Models