Organizational Socialization: An Important Factor for Knowledge Creation in Knowledge Based Industrial Organizations and Enterprises

Abstract

Organizational learning and knowledge management are well studied areas and have roots back in 18th century. In order to take advantage of differences in expertise and globalization of large enterprises, there must be a proper mechanism for managing, transferring and creating knowledge. It has examined that knowledge creation is a source of worldwide competitiveness. Academic and government sectors have acknowledged this fact and they consider knowledge management base industrial organizations and enterprises as a means to escalate success of country. In this study, we tested the role of organizational socialization in knowledge creation by conducting an empirical research. As higher education institutes are at the forefront of creating knowledge and applying it in new innovative ways, the 350 respondents were selected from the public sector Universities. The sample selection technique used was non-probability, study was non-contrived and quantitative in nature. The results showed that organizational socialization plays important role in knowledge creation. We argue that if top management wants to foster knowledge creation within organization, they should encourage socialization within their employees that ultimately leads to knowledge creation. This is especially true for organizations handling large projects on multinational and global scale e.g. Europe union (EU) and United Nations (UN) funded projects.