Role of Knowledge in Management of Innovation

Knowledge has always been, and still is, a crucial source of economy. However, during the past few years we have seen a growing interest in treating knowledge as a significant organizational resource for innovation. This trend coincides with the rapid development of ICT, indicating the strong influe...

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Main Authors: Yury Nurulin, Inga Skvortsova, Iosif Tukkel, Marko Torkkeli
Format: Article
Language:English
Published: MDPI AG 2019-05-01
Series:Resources
Subjects:
Online Access:https://www.mdpi.com/2079-9276/8/2/87
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author Yury Nurulin
Inga Skvortsova
Iosif Tukkel
Marko Torkkeli
author_facet Yury Nurulin
Inga Skvortsova
Iosif Tukkel
Marko Torkkeli
author_sort Yury Nurulin
collection DOAJ
description Knowledge has always been, and still is, a crucial source of economy. However, during the past few years we have seen a growing interest in treating knowledge as a significant organizational resource for innovation. This trend coincides with the rapid development of ICT, indicating the strong influence that ICTs have on the processes of creating, disseminating, and using knowledge. At present, issues of innovation management and knowledge management are studied independently, which creates a certain gap in the systemic understanding of the innovation development processes. The paper proposes an integrated approach to the issues mentioned. The hierarchy and taxonomy of knowledge are considered from the point of view of their influence on decision-making at different stages of the innovation lifecycle. Our proposition complements and contributes to several recent models of decision-making developed in the frame of the innovation process.
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spelling doaj.art-437e2a6dd3b64757b2c19df141877a7b2022-12-22T02:57:54ZengMDPI AGResources2079-92762019-05-01828710.3390/resources8020087resources8020087Role of Knowledge in Management of InnovationYury Nurulin0Inga Skvortsova1Iosif Tukkel2Marko Torkkeli3Institute of Computer Science and Technology, Peter the Great Saint-Petersburg Polytechnic University; Politekhnicheskaya Ulitsa, 29, Sankt-Peterburg 195251, RussiaInstitute of Industrial Management, Economics and Trade, Peter the Great Saint-Petersburg Polytechnic University; Politekhnicheskaya Ulitsa, 29, Sankt-Peterburg 195251, RussiaInstitute of Computer Science and Technology, Peter the Great Saint-Petersburg Polytechnic University; Politekhnicheskaya Ulitsa, 29, Sankt-Peterburg 195251, RussiaSchool of Engineering Science, Lappeenranta University of Technology, Yliopistonkatu 34, 53850 Lappeenranta, FinlandKnowledge has always been, and still is, a crucial source of economy. However, during the past few years we have seen a growing interest in treating knowledge as a significant organizational resource for innovation. This trend coincides with the rapid development of ICT, indicating the strong influence that ICTs have on the processes of creating, disseminating, and using knowledge. At present, issues of innovation management and knowledge management are studied independently, which creates a certain gap in the systemic understanding of the innovation development processes. The paper proposes an integrated approach to the issues mentioned. The hierarchy and taxonomy of knowledge are considered from the point of view of their influence on decision-making at different stages of the innovation lifecycle. Our proposition complements and contributes to several recent models of decision-making developed in the frame of the innovation process.https://www.mdpi.com/2079-9276/8/2/87Innovation systemknowledge typologydecision-makinginnovation lifecycle
spellingShingle Yury Nurulin
Inga Skvortsova
Iosif Tukkel
Marko Torkkeli
Role of Knowledge in Management of Innovation
Resources
Innovation system
knowledge typology
decision-making
innovation lifecycle
title Role of Knowledge in Management of Innovation
title_full Role of Knowledge in Management of Innovation
title_fullStr Role of Knowledge in Management of Innovation
title_full_unstemmed Role of Knowledge in Management of Innovation
title_short Role of Knowledge in Management of Innovation
title_sort role of knowledge in management of innovation
topic Innovation system
knowledge typology
decision-making
innovation lifecycle
url https://www.mdpi.com/2079-9276/8/2/87
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