Knowledge management and innovation management: best practices in knowledge sharing and knowledge value chain

Abstract

Because knowledge assets enhance today's organisations to achieve better results than their competitors, managing knowledge creation and sharing has become an important source of competitive advantage for firms. Innovation has been taken as a main solution for the difficulties that companies faced in the highly competitive environment. But the existence alone does not help the organisation without properly utilised it. Therefore, this proposal is important to activate knowledge sharing activity in order to transfer and share tacit knowledge in the organisation. This paper uses design science research method to integrate knowledge management and innovation management in order to practice knowledge sharing, knowledge capital and knowledge value. The basic objective is to recommend a strategic management framework as a conceptual model for organisations performance.