Abstract
Advances and applications in the business environment posed by the digital-age enforce the organizations to renew their strategies and improve their innovative capabilities. Today, the major actors of the knowledge economy are the knowledge professionals. This study aims to provide a comprehensive outlook at the innovation phenomenon within the essential components of Knowledge Management. In this regard, innovation in organizations is discussed within the perspective of knowledge management whereas the importance of knowledge assets in the process of innovation is explained through knowledge professionals. Furthermore, the study contributes to the knowledge management literature by presenting theoretical and practical implications of innovation by examining the latest practices on public services in Turkey.
Highlights
Innovation emerges as an important factor that determines the value of knowledge as an asset
knowledge management (KM) can ensure that explicit knowledge, which can be used as input to the innovation process, gathered internally and externally
[70] In addition to traditional tasks stated in previous section, new roles are added for knowledge professionals, such as network information, information technology, multi -media, creation of e-documents, electronic databases, web site/ page editing, Web 2.0, Web containing 3 .0 or even Web 4.0 applications
Summary
Innovation emerges as an important factor that determines the value of knowledge as an asset. Corporations can obtain competitive advantages through their knowledg e management applications only if they can innovate from their knowledge assets This conversion is possible with the active usage of information technology tools. For corporations to become a part of the “Knowledge Society”, their business processes must become knowledge and technolog y-oriented During this process, it is important that the organizations believe that their management approaches, as well as their corporate culture, are based on using, sharing, and evaluating knowledge. In this respect, there needs to be a man agement culture equipped with skilled professionals who can use knowledge efficiently.[2].
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